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Fair point. I guess you know about the SEPA flood maps and risk assessment, which can give some more insight into this? If not: https://www.sepa.org.uk/environment/water/flooding/flood-maps/
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https://espc.com/property/12-eskside-east-musselburgh-east-lothian-eh21-7rs/36009407?sid=112949
@Dammit this is actually closer to what you're after think
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Just move to Jedburgh.
https://espc.com/property/the-allars-house-jedburgh-td8-6nr/36025718?sid=112949
I wouldn't, as it doesn't suit my needs and there are other parts of the borders and Lothians that I prefer, but there's a lot of cheap and massive houses in places like Jedburgh and Hawick.
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@dammit houses in East Lothian have gone as high as 30% over home report valuation. Less in Midlothian and Berwickshire. But that's just my experience, and relates to properties valued under £300k.
Ultimately you're likely to be bidding blind, which means you'll either be disappointed or haunted by a worry that you've overpaid and ripped yourself off. Be wary.
You'll need a solicitor to submit offers on your behalf, so get one lined up now. They can help with advice on what the market is like.
You need the difference between purchase price and mortgage valuation available in cash, as well as cash for mortgage deposit and cash for conveyancing (stamp duty is called LBTT up here btw) and cash for any home improvements, so work those into the budget.
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Thanks @Brommers @jellybaby that sounds about right.
Yeah, pondering the realities of self build (well, self design and self buy a timber kit house and self stand about while other people join the panels together). As an engineer, I should have the chops to do it, and if there's a 30% premium on already-assembled materials it seems sensible. I still like old houses though.
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Any components on the Varonha will do. I'm not sure I agree that posh shiny components are necessary but if it pleases you then all good! The wisdom I know but often fail to heed myself is that they're just bikes, so when the washing machine cycle of a "project" becomes something that doesn't serve you, it's good to put it down and walk away. All will be well in time.
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It's £££ right? I'm a graduate student, so it's likely not feasible.