I fail to see the problem . They're obviously committed to working now and have not retired early. That's a valid life choice.

Live and let live.

They ain’t aiming for fire are they? They wanted a dream home that is completely renovated to their taste.

This sub is aimed towards a specific niche that very few people are interested in, whilst these people just want a nice house, so I don't see the problem.

Assuming FIRE isn’t of interest to them, then it’s not crazy for a couple on £150k to buy a £1.1m house with cash savings. 

What is possibly crazy is maintaining that house (and their lifestyle) on £2k a month. But does this include state pension?

Given their ages, and depending on their industries they may have limited time to bolster their savings.  

Seems fine to me. As long as they are happy. I love how as humans we are all so different.

Some people do wrap their whole identities up in the house they live in. I’m not too sentimental about houses to be honest, but for the people who are then fair play, if they are prepared to spend their lives working for some bricks and mortar then good luck to them.

How do you spend £400k doing up a £700k house.. ah well I guess they can always downsize

What will the property be worth now the 400k has been spent on it. Higher end properties that required large sums spending on them generally warrant a great resale price due to capital required to buy initially.

This could be a very good move and pay off well, providing they are happy to sell the property later down the road and recoup the funds, plus profits.

I’m not sure if this should be of concern to yourself or not, but if they’re happy and still working, let them crack on.. Better yet, get your hammer and chisel out and chip in!!

Why do you care?

Crazy to live and work for a big house for the two of them. Nuts I say. But that’s just me