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New House pt 2
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[quote][i]Originally posted by Cavey[/i] Sounds like roughly the same as the deal we got Steve. 70/30. Homebuy direct scheme. Ours was valued at 190. We got a 123k mortgage with a 10k deposit. Government gave 53k. Just hit year 6 and paying 83 quid a month in interest on the government section. House is valued at around 220-230 (based on the neighbours selling) so if we sold we'd make a tidy amount. Got lucky with the estate too. Only got 10 or so council houses. They are near us but in fairness we've had no problem with them. We're essentially the scum of the estate and we're nice people. Next door is being rented out for 999 a month. Our total payments are 510 p/m (obviously we can't let it due to the deal though. But nice to know we've done well) [Edited on 18-03-2016 by Cavey] [/quote]
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