nik
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Registered: 19th Jun 00
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quote:
Originally posted by loafofbrett
quote:
Originally posted by nik
Thats true, some people were buying at the top of what they can afford. If interest rates do rise, a lot of people will be buggered and have to sell up. Can't see it happening but is a scary thought for some.
The lesson is "don't over stretch yourself" then, if you're living on a string and have nothing left to play with you're asking for trouble anyway 
My sentiments exactly, but it's amazing how many people have big loans/mortgages/credit card bills etc. Time bomb waiting to happen
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Brett
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Registered: 16th Dec 02
Location: Manchester
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quote:
Originally posted by GREG 1
The prices are just crazy, i seriously need a new job to get a decent mortgage.
Try and save up a few grand deposit. Go for interest only mortgage.
I was originally looking at a £95k house with £5k deposit to put down. Interest only mortgage worked out at just under £400 a month (similar to rent anywhere else). If I would've bought that, I would've been able to sell it now for £120k
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Brett
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Registered: 16th Dec 02
Location: Manchester
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quote:
Originally posted by nik
quote:
Originally posted by loafofbrett
quote:
Originally posted by nik
My sentiments exactly, but it's amazing how many people have big loans/mortgages/credit card bills etc. Time bomb waiting to happen
yes, this is me, Credit Cards 
I'm currently sorting myself out...Parents think I have over stretched on my car insurance tho
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GREG 1
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Registered: 28th Jul 00
Location: Essex
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To get a place around here for £95k would literraly be a shed on the beach.
A one bedroom flat around here goes for around £130k !
Would be looking at around £800 a month, then ontop of that bills etc its crazy
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Brett
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Registered: 16th Dec 02
Location: Manchester
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quote:
Originally posted by GREG 1
To get a place around here for £95k would literraly be a shed on the beach.
A one bedroom flat around here goes for around £130k !
Would be looking at around £800 a month, then ontop of that bills etc its crazy
time to relocate mate.
terraces in manchester range from £5k - £250k
You can quite easily get a descent one for £60k in a nice area, like good old stalybridge 
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Brett
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Registered: 16th Dec 02
Location: Manchester
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and that's no joke, i can get you a terrace for £5k if you want one 
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Edd
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Registered: 8th Nov 04
Location: Glasgow
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come to scotland 130k would buy you a lovely home here
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Brett
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Registered: 16th Dec 02
Location: Manchester
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He'd have to be worried about bein bummed by vibrio then tho
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GREG 1
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Registered: 28th Jul 00
Location: Essex
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Edd
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Registered: 8th Nov 04
Location: Glasgow
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quote:
Originally posted by loafofbrett
He'd have to be worried about bein bummed by vibrio then tho
not vibrio he should be worrying about
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Ally
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Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
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quote:
Originally posted by GREG 1
If you rent your own place, how much is it a month ? how much is everything all in ?
Are you allowed animals in your place ?
Mortgage peeps - How much are you paying per month, how much is your mortgage for ?
Cheers guys
1. depending on where u live id say £500 a months, and its unlikely you are allowed animals
2.Mortgage, again depends on the value of the house, my house is worth 70k and pay around £400 a month repayment
Greg if u can get a house for 90k you'll be looking @ 500 ish a month depending on the mortgage u go for...
depends where u live, i live in wales so its cheap here but my house, in swindon would probably be about 120 - 130k...
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3CorsaMeal
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Registered: 11th Apr 02
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was looking at a 1 room bedsit thing yesterday
fooking tiny, about double garage size
£75,000 
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Ally
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Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
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and im in the process of buying atm ... waiting for completion date
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Brett
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Registered: 16th Dec 02
Location: Manchester
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quote:
Originally posted by Ally
and im in the process of buying atm ... waiting for completion date
i'll post up pics of my new shag pad this weekend so you can all drool over it
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Ally
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Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
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quote:
Originally posted by loafofbrett
quote:
Originally posted by Ally
and im in the process of buying atm ... waiting for completion date
i'll post up pics of my new shag pad this weekend so you can all drool over it
 ok, Im still waiting for --Dave-- to show me pics of his new place as well!
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MatthewR
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Registered: 21st Oct 02
Location: Rickmansworth
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im in the same boat gregg, i know watford aint as nice as your way but its still bloody expensive as its so near to london, me and the gf are going to rent a 2 bedroom house for a while, see how we get on living together and maybe get sum1 else in to help with the rent.
We'd ideally liek to get a mortgage though so we can get a foot on the ladder u know
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Brett
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Registered: 16th Dec 02
Location: Manchester
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Renting is definately a good thing when living with a partner for the first time.
I'd strongly advise against getting a mortgage straight away with your missus no matter how "great" you think she is
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MatthewR
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Registered: 21st Oct 02
Location: Rickmansworth
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deffo, i think greg will be with his bird?
I dont really wanna move out, got it sweet at home and im only 22.
Ah well sacrifices ill just make sure she knows im not liveable with
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Brett
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Registered: 16th Dec 02
Location: Manchester
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quote:
Originally posted by Evisu
deffo, i think greg will be with his bird?
I dont really wanna move out, got it sweet at home and im only 22.
Ah well sacrifices ill just make sure she knows im not liveable with
I've already been back to the parents twice, this time better work
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GREG 1
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Registered: 28th Jul 00
Location: Essex
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Yeah with my bird, i wanna move out bigtime really...
Problem is me and her need to compromise as i apparently watch to much football 
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--Dave--
Banned
Registered: 17th Feb 04
Location: Essssseeeeex Drives: Black Supra TT
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Ally pics coming at the weekend I promise
Greg, I know what you mean mate. Just acquired a 2 bedroom property (moderate size) for £157k. I pay £880 a month on a repayment basis. I agree with Brett though, strategic buying and selling at the right time is the best way to get better, more expensive properties quicker. Just got to be determined and have a little bit of luck that's all.
I'm planning on not doing much to the property i'm in now. It's recently been decorated with nice, neutral colours. I'm gonna redo the garden in the spring and re-install the downstairs toilet. I reckon the house is worth £170k as it is now.
The woman we bought it off had to sell it cheap because she couldn't afford the repayments
My first mortgage payment is on the 7th really looking forward to that
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GREG 1
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Registered: 28th Jul 00
Location: Essex
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£880 OUCH
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Ricky-Lee53
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Registered: 4th Jan 06
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I would try to avoid renting, its just wasting money. Apart from local authority where a RTB scheme is in place.
If your privatly rent y??? Can't grumble though... they keep my roof over my head
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Ally
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Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
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that is alot ... over double what mine is
Greg, move to Wales and get a house here
and u dont need to comprimise  she will soon realise that if u live together u can do what the fuck you want
EG - Have a TV in living room and bedroom ... i can watch extreme makeover home edition downstairs and Richie can watch American hotrod upstairs...
She will realise that if u live together she doesnt need to control the amount of time u spend watching footie, as your only upstairs...
another solution would be to get sky plus and watch it when you have free time....
I would rent first, i moved in with Richie and we have lived in his bedroom for nearly 20 months so having a house to ourselves is going to feel hugeeeeee!
Have u had a look at whats on the market in ur area atm?
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Ally
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Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
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god ally essay
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