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Author Renting an appartment
TNM
Member

Registered: 5th Apr 04
Location: Nottingham Drives: VW Tiguan
User status: Offline
7th Aug 06 at 12:17   View User's Profile U2U Member Reply With Quote

i have always said i would never rent as its dead money.

But!!

Im thinking of moving out and renting an appartment.


Now do I move out and rent a nice appartment or stay at home and put the monthly rental into savings?

To buy a place id like near where i live im looking at £150k plus just for a two bed appartment.

£200k for a house.


Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
User status: Offline
7th Aug 06 at 12:22   View User's Profile U2U Member Reply With Quote

I honestly think renting is a good option for first time moving out to see how you cope. I won't be buying until I can afford somewhere I really like and renting means I can live somewhere i like for now. Either going to buy with a mate or a lady if I meet one ( ) hopefully in the next 18 months
Melville
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Registered: 4th Jun 03
Location: Newcastle upon Tyne
User status: Offline
7th Aug 06 at 12:23   View User's Profile U2U Member Reply With Quote

Im renting as the house prices are still too high imo. Renting some where big enough to live but small enough to allow me to save at the same time.
Dione J
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Registered: 22nd Sep 04
Location: West Midlands Drives: Leon Cupra Turbo
User status: Offline
7th Aug 06 at 12:27   View User's Profile U2U Member Reply With Quote

I always assumed this was your house and you owned it



TNM
Member

Registered: 5th Apr 04
Location: Nottingham Drives: VW Tiguan
User status: Offline
7th Aug 06 at 12:37   View User's Profile U2U Member Reply With Quote

@ £350k i dont think its my house
CorsAsh
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Registered: 19th Apr 02
Location: Munich
User status: Offline
7th Aug 06 at 12:39   View User's Profile U2U Member Reply With Quote

I've been looking for flats down south as that's where I'm most likely to find a job I think. Some extortionate prices though, have to really shop around for a good deal
TNM
Member

Registered: 5th Apr 04
Location: Nottingham Drives: VW Tiguan
User status: Offline
7th Aug 06 at 12:42   View User's Profile U2U Member Reply With Quote

d_jay: I will get a pic of the drive now its done as well.
Dione J
Member

Registered: 22nd Sep 04
Location: West Midlands Drives: Leon Cupra Turbo
User status: Offline
7th Aug 06 at 12:44   View User's Profile U2U Member Reply With Quote

I would stay put and put away the money, maybe get a standing order each month from your current wages to help aid and put towards a house or nice flat you can get a mortgage for
Jules S
Premium Member

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Registered: 24th Dec 03
User status: Offline
7th Aug 06 at 12:45   View Garage View User's Profile U2U Member Reply With Quote

Two months rent as a deposit
Embracing the joys of paying council tax
Bills Bills Bills
Dead money

Personally I'd stay at the folks and save for a deposit on a house. By renting you probably wont be able to afford to save squat
James
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Registered: 1st Jun 02
Location: Surrey
User status: Offline
7th Aug 06 at 12:46   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by CorsAsh
I've been looking for flats down south as that's where I'm most likely to find a job I think. Some extortionate prices though, have to really shop around for a good deal


Theres no such thing as a good deal when it comes to property in the south
Ally
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Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
7th Aug 06 at 12:59   View User's Profile U2U Member Reply With Quote

Renting is dead money, save and buy your own even if it means saving for ages as its deffo worth it!
CorsAsh
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Registered: 19th Apr 02
Location: Munich
User status: Offline
7th Aug 06 at 12:59   View User's Profile U2U Member Reply With Quote

Best I found so far was £575 a month for an apartment with hall, lounge, double bedroom, kitchen and bedroom, off street allocated parking and £625 deposit. That's in Brentwood.
TNM
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Registered: 5th Apr 04
Location: Nottingham Drives: VW Tiguan
User status: Offline
7th Aug 06 at 13:45   View User's Profile U2U Member Reply With Quote

Found a few one double bed one reception room, kitchen, hall, gated car park in new builds for £4-500 a month.
Dione J
Member

Registered: 22nd Sep 04
Location: West Midlands Drives: Leon Cupra Turbo
User status: Offline
7th Aug 06 at 14:23   View User's Profile U2U Member Reply With Quote

dont do it, you could get a nice 2 bed house for that!!

Where's the pic of your drive?
TNM
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Registered: 5th Apr 04
Location: Nottingham Drives: VW Tiguan
User status: Offline
7th Aug 06 at 14:43   View User's Profile U2U Member Reply With Quote

west midlands must be cheaper than where i live

Im not at home so cant get a pic.
Dione J
Member

Registered: 22nd Sep 04
Location: West Midlands Drives: Leon Cupra Turbo
User status: Offline
7th Aug 06 at 14:46   View User's Profile U2U Member Reply With Quote

West Midlands is too pricey, you would just be able to afford a 1 bed flat im just trying to change your mind from renting


 
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