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Author Question re. Renting
Natalie
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Registered: 5th Nov 03
Location: Oxfordshire Drives: Vauxhall Tigra 1.8
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1st Dec 07 at 10:15   View User's Profile U2U Member Reply With Quote

Yeah its sort of like 'throwing money away' in a way, well maybe not that extreme but I dont know how else to put it

I think Robbo will only rent short-term anyway
Nath
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Registered: 3rd Apr 02
Location: MK
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1st Dec 07 at 13:02   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Colin
How much to buy something similar? Theres no way id pay someone £9k a year to live in their flat!! Sounds like a crazy idea!!


Around my way you'd be looking at between £150k - £200k
Colin
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Registered: 4th Apr 02
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1st Dec 07 at 13:08   View User's Profile U2U Member Reply With Quote

Not all that different from new builds up here then.
Robbo
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Registered: 6th Aug 02
Location: London
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1st Dec 07 at 16:12   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Natalie
quote:
Originally posted by Robbo
quote:
Originally posted by Colin
How much to buy something similar? Theres no way id pay someone £9k a year to live in their flat!! Sounds like a crazy idea!!
Natalie splace (ie my old house) £1k mortgage :S

OUR old house, and dunno where you got the £1k from :S
Yes OK, our old house, whatever the mortgage WE had was for £1k... what it is now is your business not mine
Robbo
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Registered: 6th Aug 02
Location: London
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1st Dec 07 at 16:13   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Natalie
Yeah its sort of like 'throwing money away' in a way, well maybe not that extreme but I dont know how else to put it

I think Robbo will only rent short-term anyway
It IS throwing money away, no doubt about it.... you are quite literally payign someone elses mortgage but in my current situation i have no choice a si dotn wanna get tied down into a property that i may want to sell in 6 months and which may have lost value in that time... just not worth it at all
Robbo
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Registered: 6th Aug 02
Location: London
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1st Dec 07 at 16:52   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ecosse Sport
Just of interest, how much would a flat like that cost to buy?
Given its lovcation probably £200k
Ian
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Registered: 28th Aug 99
Location: Liverpool
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1st Dec 07 at 18:07   View Garage View User's Profile U2U Member Reply With Quote

I've said this before but in the current market renting is no bad idea. Don't forget, owning somewhere means you've also got to faff about selling it when you want to and thats a few grand.

Plus you've paid more to live there.

Plus you fix things when they break.
Robbo
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Registered: 6th Aug 02
Location: London
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1st Dec 07 at 18:44   View User's Profile U2U Member Reply With Quote

Exactly, given I dont know what I want to do right now then renting is probs cheaper in the short term, no faff, no legal fees, no estate agents fees etc.

[Edited on 02-12-2007 by Robbo]
Ecosse Sport
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Registered: 5th Jun 02
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2nd Dec 07 at 11:08   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Robbo
quote:
Originally posted by Ecosse Sport
Just of interest, how much would a flat like that cost to buy?
Given its lovcation probably £200k


Thats probably not too bad, I get £600 a month for a flat that I own thats worth £125000.

Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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3rd Dec 07 at 13:28   View User's Profile U2U Member Reply With Quote

I was renting til not long ago I paid £6.5k off my landlors mortgage

I didn't feel bad about it though, shit happens there is a reason the rental market is still strong and it suited me at the time
ed
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Registered: 10th Sep 03
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3rd Dec 07 at 17:18   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Colin
750 a month rent thats 9k a year Buy if you can afford to, even if you 'dont know what you want to do in life blah' you'll be missing out.
£750 a month is a pretty averag renting rate. Buying would be a hell of a lot more than that.
Robbo
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Registered: 6th Aug 02
Location: London
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3rd Dec 07 at 20:50   View User's Profile U2U Member Reply With Quote

+ estate agents fee + solicitors fess + legal fees + HUGE hassle of buying/selling...

Right, viewed earlier, love it... it has a dishwasher too

Application done, holding deposit down so just got to wait for the landlord to approve now
Nath
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Registered: 3rd Apr 02
Location: MK
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3rd Dec 07 at 23:06   View User's Profile U2U Member Reply With Quote

Nicely done
Robbo
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Registered: 6th Aug 02
Location: London
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4th Dec 07 at 08:30   View User's Profile U2U Member Reply With Quote

Will call em later to check everythign seems OK then just gotta wait on the landlord
BYRON
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Registered: 1st Jun 04
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4th Dec 07 at 08:56   View User's Profile U2U Member Reply With Quote

Moving in party?
Robbo
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Registered: 6th Aug 02
Location: London
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5th Dec 07 at 10:53   View User's Profile U2U Member Reply With Quote



Let agreed Just waiting for references to clear then its sorted Moving in 19th Jan
Jill
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Registered: 8th Jun 01
Location: Aylesbury, BUCKS
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   5th Dec 07 at 12:33   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Robbo
I can afford to buy but I choose not to in the short term as I have yet to decide what to do with my life and I don't want tying into a mortgage at this stage

But thank you for the advice

Plus you need your money to buy yourself an RS So, um, when's the housewarming then Rob?


JILL
Robbo
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Registered: 6th Aug 02
Location: London
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5th Dec 07 at 13:35   View User's Profile U2U Member Reply With Quote



Still having fun with yours Jill?
stuartmitchell
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Registered: 24th Apr 04
Location: Kirkliston, Edinburgh
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5th Dec 07 at 19:42   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Robbo
I can afford to buy but I choose not to in the short term as I have yet to decide what to do with my life and I don't want tying into a mortgage at this stage


Quite agree mate, how does Bermuda or Sydney grab you for a year or so??
Robbo
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Registered: 6th Aug 02
Location: London
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5th Dec 07 at 20:23   View User's Profile U2U Member Reply With Quote

How muchos $$$
Jill
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Registered: 8th Jun 01
Location: Aylesbury, BUCKS
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   6th Dec 07 at 08:38   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Robbo


Still having fun with yours Jill?

Yeah omg, just love it! Great fun!


JILL
Robbo
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Registered: 6th Aug 02
Location: London
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6th Dec 07 at 08:59   View User's Profile U2U Member Reply With Quote

Have you put a DV on it yet? It makes some aweosme noises when you do
Jill
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Registered: 8th Jun 01
Location: Aylesbury, BUCKS
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   6th Dec 07 at 09:42   View Garage View User's Profile U2U Member Reply With Quote

No I haven't yet as it's still under warranty But as soon as I do Want to do a couple of things all together like the dv, airfilter and new exhaust system Only thing with the dv though is which one to get for the rs as if you ask on FFOC everyone says something different. A few peeps with the dv36 have issues with fuelling and stuff and quite a lot recommend the dv30. Keep meaning to ask Vik what she has on hers, as hers sounds lush (she was in the pub I work in part time in Aylesbury with her rs just before I sold my corsa this year) but no point yet until the damn warranty runs out! Still...


JILL
Robbo
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Registered: 6th Aug 02
Location: London
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6th Dec 07 at 09:53   View User's Profile U2U Member Reply With Quote

Think she has DV30 but cant remember lol

Does sound lush tho
stuartmitchell
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Registered: 24th Apr 04
Location: Kirkliston, Edinburgh
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10th Dec 07 at 15:21   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Robbo
How muchos $$$


67000 USD Tax free for Bermuda, About 70 000 AUD for Sydney with 9% super anuunation on top of that

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