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Author Mortgages- How old are you and what do you own?
stubbsy05
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Registered: 23rd Oct 02
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13th Feb 06 at 11:07   View User's Profile U2U Member Reply With Quote

Just curious to who on here own there own house/flat e.t.c and how old they are.

John_C
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Registered: 5th Mar 03
Location: South east, Bromley
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13th Feb 06 at 11:09   View User's Profile U2U Member Reply With Quote

23 - own a flat
Pablo
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Registered: 3rd Feb 03
Location: Milton Keynes
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13th Feb 06 at 11:10   View User's Profile U2U Member Reply With Quote

Im looking at moment MK is so expensive tho
Andrew
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Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
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13th Feb 06 at 11:13   View User's Profile U2U Member Reply With Quote

23 - own flat
stubbsy05
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Registered: 23rd Oct 02
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13th Feb 06 at 11:29   View User's Profile U2U Member Reply With Quote

all yours flats 1 bedroom?
John_C
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Registered: 5th Mar 03
Location: South east, Bromley
User status: Offline
13th Feb 06 at 11:30   View User's Profile U2U Member Reply With Quote

3bed bought for 118k now worth 160ish according 2 agent
dave17
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Registered: 3rd Sep 02
Location: Greater London
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13th Feb 06 at 11:31   View User's Profile U2U Member Reply With Quote

john can i live with you?
Andrew
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Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
User status: Offline
13th Feb 06 at 11:33   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Alex.S
all yours flats 1 bedroom?



Yes. Have a shed in the back garden which could always be converted
Pablo
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Registered: 3rd Feb 03
Location: Milton Keynes
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13th Feb 06 at 11:33   View User's Profile U2U Member Reply With Quote

I want at least 2 bed but im greedy
John_C
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Registered: 5th Mar 03
Location: South east, Bromley
User status: Offline
13th Feb 06 at 11:37   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by dave17
john can i live with you?


u can im looking for sumthing else round bromley at the mo.
Ally
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Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
13th Feb 06 at 11:39   View User's Profile U2U Member Reply With Quote

I'm 19 and i've just bought a 3 bedroomed terraced house on my own
scoob
Premium Member

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Registered: 16th Oct 03
Location: Beverley, E Riding of Yorkshire
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13th Feb 06 at 11:41   View Garage View User's Profile U2U Member Reply With Quote

im looking at doing this very soon
nik
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Registered: 19th Jun 00
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13th Feb 06 at 11:42   View User's Profile U2U Member Reply With Quote

23, own 3 bed detatched, circa £265k
dave17
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Registered: 3rd Sep 02
Location: Greater London
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13th Feb 06 at 11:42   View User's Profile U2U Member Reply With Quote

how old are u john?

where abouts are you at the mo?
stubbsy05
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Registered: 23rd Oct 02
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13th Feb 06 at 11:43   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ally
I'm 19 and i've just bought a 3 bedroomed terraced house on my own


Fook, How much Ali!!

A 1 bed flat round here goes for £75K-£85K

I'm on £18.5K a year, so not sure how much I can borrow yet
Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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13th Feb 06 at 11:43   View User's Profile U2U Member Reply With Quote

No
John_C
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Registered: 5th Mar 03
Location: South east, Bromley
User status: Offline
13th Feb 06 at 11:44   View User's Profile U2U Member Reply With Quote

23 - im living in bromley
Ally
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Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
13th Feb 06 at 11:45   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Alex.S
quote:
Originally posted by Ally
I'm 19 and i've just bought a 3 bedroomed terraced house on my own


Fook, How much Ali!!

A 1 bed flat round here goes for £75K-£85K

I'm on £18.5K a year, so not sure how much I can borrow yet


I live in Wales, my house was £71,500 with a 5% gifted deposit taking my mortgage down to £67,900... but it needs completely redecorating

Get ur foot on the ladder
John_C
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Registered: 5th Mar 03
Location: South east, Bromley
User status: Offline
13th Feb 06 at 11:46   View User's Profile U2U Member Reply With Quote

3.5x ur salary or 2.5x if joint application.

4-5x if u get parents as guarantors
Ally
Member

Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
13th Feb 06 at 11:48   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by John_C
3.5x ur salary or 2.5x if joint application.

4-5x if u get parents as guarantors


Mines done on affordability as my 70k mortgage would have been 4 - 5 times my annual salary...

Affordability is muchos better IMO, but see an advisor if you are seriously thinking about buying that way u know your limits
Andrew
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Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
User status: Offline
13th Feb 06 at 11:50   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by JadeM
1 bedroom, huge rooms, large back garden with drive for 2 cars - cost me £35k


Where about is that?
John_C
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Registered: 5th Mar 03
Location: South east, Bromley
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13th Feb 06 at 11:51   View User's Profile U2U Member Reply With Quote

basically banks will use any old/new method 2 lend u money.

wot broker did u use ally?
Nobber
Member

Registered: 7th Nov 03
Location: Newbury - Berks Drives: Leon Cupra R & Mk5 GTi
User status: Offline
13th Feb 06 at 11:53   View User's Profile U2U Member Reply With Quote

20 - 1 bed semi - bought 58k - sold 92k
23 - 3 bed semi - bought 139k - sold 194k
28 - 2 bed flat - bouhgt 146k
JadeM
Premium Member

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Registered: 9th Feb 06
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13th Feb 06 at 11:55   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Andrew
quote:
Originally posted by JadeM
1 bedroom, huge rooms, large back garden with drive for 2 cars - cost me £35k


Where about is that?


Scotland - ex local authority house...4 in a block style
Andrew
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Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
User status: Offline
13th Feb 06 at 11:56   View User's Profile U2U Member Reply With Quote

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