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Author First House
strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
User status: Offline
18th Mar 09 at 18:27   View User's Profile U2U Member Reply With Quote

I have looked into this but only briefly as this is an idea at the moment, house prices are on their arse atm and have been nagging the parents into buying another house to rent out

The house is a three bedroomed semi-detached and i am looking at expenses after rent

Council Tax, gas, electric, water + food stuff

What do people pay a month in a rented house after their rent, and if people don't mind, how much rent do you pay?



[Edited on 18-03-2009 by strick206]
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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18th Mar 09 at 18:35   View User's Profile U2U Member Reply With Quote

TV license, Sky, phone, net.

Then you'll obviously have the initial furnishing costs which soon add up when you include the small stuff.

As far as I am aware, you dont get any sort of discount, especially if the house is rented out and earning an income from it (infact they'd have to declare this no doubt).
strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
User status: Offline
18th Mar 09 at 18:40   View User's Profile U2U Member Reply With Quote

TBH i don't think it is possible for us to do it, all the costs mount up and are too much but will still look into it and decide where we need to be

Although i do think this will be a non-starter
strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
User status: Offline
18th Mar 09 at 18:43   View User's Profile U2U Member Reply With Quote

TV Licence 140 per year, sky anything up to £50 a month, phone will hardly be used so just basic rate and net isn't as much as it used to be £20 a month tops, but it does all mount up

Coucil Tax is around £1800 per year

Gas, Electric, Water i have no idea
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
18th Mar 09 at 18:44   View User's Profile U2U Member Reply With Quote

Phoneline is something like £15 a month line rental, and then you'd be looking at £15+ a month for broadband.
strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
User status: Offline
18th Mar 09 at 19:16   View User's Profile U2U Member Reply With Quote

£25 a month for virgin phone and broadband, would consider virgin TV with one of those boxes but virgin TV is shite
Adge
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Registered: 28th Aug 04
Location: Lancashire
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18th Mar 09 at 21:31   View User's Profile U2U Member Reply With Quote

mortage £600
home insurance £20
coucil tax - £89
electric and gas - £100
water - £30
Virgin - £30

average food on own £25 a week atleast!

hope that helps a little! also another massive thing is upkeep! stuff like toiltettes,cleaning stuff! just keeping the place modern and nice
ive spent £4000 in 2 years just doing the place up and stil not started my gardens
all costs i didnt think about before i bought!

next i just want a 1 bed apartment mate rented
Kathryn W
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Registered: 12th Oct 03
Location: Widnes, Cheshire
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18th Mar 09 at 22:14   View User's Profile U2U Member Reply With Quote

Mortgage - 700
Water - 35
Elec & Gas - 80
Council Tax - 86
Insurance - 26
Mobiles/Phone/Internet - 70

Food shopping i dont know.. spent £150 on the 2nd of January and due for another now.. about £10 a week or so for fresh...

Car insurance/petrol/car maintenance needs to be included
Fxings and furniture

All add's up tbh
mwg
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Registered: 19th Feb 04
Location: South Lakes
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18th Mar 09 at 22:21   View User's Profile U2U Member Reply With Quote

Personally with a 1st house if things are tight you should knock stuff like Sky on the head! Nice to have but not essential
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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18th Mar 09 at 23:05   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Kathryn W
Food shopping i dont know.. spent £150 on the 2nd of January and due for another now.. about £10 a week or so for fresh...



You spent £150 on 2nd Jan and havent since other than £10 a week?
Kano
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Registered: 29th Aug 04
Location: Fife
User status: Offline
19th Mar 09 at 18:57   View User's Profile U2U Member Reply With Quote

Me and my other half spend about 400 after our mortgage, thats everything though, food, bills, broadband etc etc..
Kano
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Registered: 29th Aug 04
Location: Fife
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19th Mar 09 at 19:00   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Matty G
Personally with a 1st house if things are tight you should knock stuff like Sky on the head! Nice to have but not essential


Very true.. I use freeview and all I miss out on is Sky 1 and movie channels.. Never seen the appeal in paying silly amounts for sky..

Kathryn W
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Registered: 12th Oct 03
Location: Widnes, Cheshire
User status: Offline
20th Mar 09 at 13:31   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Cosmo
quote:
Originally posted by Kathryn W
Food shopping i dont know.. spent £150 on the 2nd of January and due for another now.. about £10 a week or so for fresh...



You spent £150 on 2nd Jan and havent since other than £10 a week?


Sorry meant 40...
1.0l12vbadboy
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Registered: 17th Nov 03
Location: Keighley, West Yorkshire
User status: Offline
20th Mar 09 at 14:12   View User's Profile U2U Member Reply With Quote

I pay around £400 this inc bills but not mortgage
scottmmw
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Registered: 9th Aug 05
Location: Brotton, Cleveland
User status: Offline
29th Mar 09 at 13:29   View User's Profile U2U Member Reply With Quote

if you have a phone contract with orange you can apply for broadband. ive just swapped from virgin to orange broadband and its £7.50 a month . nice little saving i think if anybody is interested.

you can run upto 6 wireless devices from the livebox also. ps3's, etc
lisac
Member

Registered: 10th Apr 08
Location: Lincolnshire
User status: Offline
30th Mar 09 at 17:22   View User's Profile U2U Member Reply With Quote

Similar with 02 if you have a phone with 02 wether pay as you go or contract and its only 7.34 unlimited download as well. free wireless router and no installation fee.

Just moved and gone onto that seems very good especially for the price
dannymccann
Member

Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
3rd Apr 09 at 06:35   View User's Profile U2U Member Reply With Quote

Monthyl
Rent £450
Food £150-£200
Gas/Elec/Water £70 (thats being tight with the heating as well lol)
Tele/BB £35
TV License £140?
Contents £12
Car Insurance £45
Bike Insurance £25
Fuel £100
C/Tax £65 (student discount)
[will add more as I remember more]

Total = £1142 (£692 net of rent)

Christ, thats without Sky and all sorts of other subscription shit we could have


 
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