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Corsa Sport » Message Board » Off Day » House Day » Whos rents a house? » Post Reply
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Ally |
posted on 11th Nov 05 at 14:43 |
quote: ? this is what i am paying ..... I live in wales remember | |
City |
posted on 11th Nov 05 at 14:41 |
Gas, leccy @ 50 per quater | |
Ally |
posted on 11th Nov 05 at 14:35 |
Tom, its your choice in what you do i was just telling you how much money you'd be paying its alot to get nothing out of at the end :P | |
Tom |
posted on 11th Nov 05 at 14:33 |
Buy to let you need a big deposit. | |
Cosmo |
posted on 11th Nov 05 at 14:11 |
quote: they are different mortgages to a normal one. They arent worked out on your income, but the rentable value of the house. Anyone can do this aslong as you've enough for the deposit. You can make big money, but normally the rent just covers the mortgage and enough to pay for the upkeep of the houses. The money tends to be made if and when the house value rise and you sell - but then you pay big taxes!! | |
CCA |
posted on 11th Nov 05 at 14:05 |
I work with a bloke who is 25, he owns 4 houses already but still lives with his parents. | |
Cosmo |
posted on 11th Nov 05 at 14:00 |
quote: A mortgage isnt being tied down, just sell up and pay it off. It'll be cheaper than renting and might make a little bit of cash over a couple of years. | |
Ally |
posted on 11th Nov 05 at 13:59 |
quote: you could get a mortgage in your name and have your mate as a lodger untill you are settled enough to make the payments yourself Your local council may do a help 2 own scheme as well, take a look into that But if you really cant get a mortgage then just rent, but not for ages I rented back in swindon with a friend, it was £500 pcm plus bills which worked out @ 350 each which isnt too bad | |
Ally |
posted on 11th Nov 05 at 13:57 |
quote: and doing that for say ... 3 years @ 475 a month = 17100 17 grand tom :lol: just gone, u get nothing back..... | |
linz |
posted on 11th Nov 05 at 13:56 |
Thanks Ally :wave: | |
Brett |
posted on 11th Nov 05 at 13:54 |
dead money :| | |
Tom |
posted on 11th Nov 05 at 13:54 |
Bollocks I'm renting next wana see how it pans out without getting tied down. I've been looking (as i'm doing it feb/march next year depending on when our house sells) at £500 2 bed apartments with a mate split 50/50 on all bills it works out at £475ish each (that's allowing £100 for food) | |
Ally |
posted on 11th Nov 05 at 13:52 |
Linz, i was going to rent but have decided against it i was looking @ £500 pcm rent plus £300 bills (everything) | |
CCA |
posted on 11th Nov 05 at 13:48 |
Unless you have no other option but to rent then i would say stay at home and try and save as much money as you can for a deposit for a house or to put towards solicitor fees and get a 100% mortgage | |
linz |
posted on 11th Nov 05 at 13:47 |
I know. i would rather do that but i just dont earn enough at the moment to get a mortgage | |
Dione J |
posted on 11th Nov 05 at 13:45 |
Might aswell try get a place as im mortgage if you can, as the amount you would be paying out in rent is just not worth it :thumbs: | |
linz |
posted on 11th Nov 05 at 13:41 |
I'm looking to rent a place soon, and i'm just wondering how much people pay in leccy, gas, council tax each month on top of rent? I know its going to be quite expensive, tnanks in advance |