Mortgages

‘We left the UK and bought a £7k home in Bulgaria on a whim – now we’re mortgage-free’


A family from the UK are now living mortgage-free after selling their house and moving to Bulgaria. Laura Phoenix, 33, and her husband Anthony, 32, wanted to buy a rural home but couldn’t afford the soaring house prices and cost of living in the UK.

Instead, the couple, along with their two daughters aged four and two, decided to move 1,941 miles ‘on a whim’ to live in Strazhitsa, Bulgaria. They sold their two-bed property in County Durham for £85,000 and moved overseas in September 2023.




The pair have since bought an abandoned three-bedroom property for just £7,000 – allowing them to live without a mortgage. They have been renovating their new house ever since and say it is now their ‘dream home’.

READ MORE: Mum who was left living in campervan after ‘devastating’ event finds dream home

Since moving, Laura says her family feel “free”. The mum-of-two, who works as an online English teacher and writer, said: “We bought a home on a whim, but it’s our dream home. We don’t have any mortgage.

“I feel we were pushed out of the UK. I feel like we had no choice. We don’t want to both work hours for 40 hours a week just to exist. In England it is so unattainable.”

Anthony added: “Even if you own a property in the UK the cost of living is so much higher. We’ve always decided when we want to do something we jump at the opportunity.”

Anthony Phoenix with his daughters Cecelia and Nova(Image: No credit)

Laura and Anthony had always had a love for travelling but were devastated when they saw the state of the beaches in Thailand. They came back to the UK and set up an eco-friendly and refillable shop in 2018 and managed to buy a fixer upper old council house for £55k.



Source link

Leave a Response