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Mortgage.. what you pay back..
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[quote][i]Originally posted by Ally[/i] [quote][i]Originally posted by GT4Brody[/i] [quote][i]Originally posted by Ally[/i] But u have 2 think mate, house prices are constantly rising, we r going to reach a point where people can no longer afford them, then the market will decrease rapidly, in a very short period of time. This is why they've introduced the 'part rent, part buy' scheme. You have to be earning a minimum of 18k to qualify :( [/quote] Yeah i know there is always an element of risk and interest rates are at a record low but at the end of the day, you well be waiting forever for the market to be stable for a long period of time. I looked into those part buy schemes(i earn about 30k), even applied for one but decided against it as they are no where near as good an investment as buying a place on ur own as when you come to sell it you hardly make any profit, although i see wot you are saying, that there is lest risk.:thumbs: [/quote] :thumbs: Im not really for them, waste of money imo, but then again everyones different. Im just going to live with my parents till someones stupid enough to marry me :D [/quote]
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