Mortgage Rate Rises

[Nitefly]

Houseboats are the only sensible investment right now.

Well, only if you properly triangulate your ISA savings rate against the hull’s composite strength and the iceberg risk.

 

[Raymond Lin]

I have a friend who lives in a boat on the themes, it’s enormous inside, 2 bedrooms, 2 studies, 2 en-suites bedrooms and then a separate bathroom. Open plan kitchen with an island and even a corner sofa

 

[Mercenary Keyboard Warrior]

I have a friend who lives in a boat on the themes, it’s enormous inside, 2 bedrooms, 2 studies, 2 en-suites bedrooms and then a separate bathroom. Open plan kitchen with an island and even a corner sofa

Fake lawn on the roof?

 

[MichaelAwkward]

Houseboats are the only sensible investment right now.

They cost a small fortune to run annually though, more than houses in some cases if you want to stay in a nice convenient marina for part of the year.

 

[Raymond Lin]

Fake lawn on the roof?

Just a deck with pot plants lol

 

[Nitefly]

They cost a small fortune to run annually though, more than houses in some cases if you want to stay in a nice convenient marina for part of the year.

Yes - don’t forget to factor that in too

 

[pc-guy]

Caravans? Surely they are cheap. Just park up in public space. Even better - keep a couple of horses and use them to tow you from town to town

 

[200sols]

dOnT oVeRsTrEtCh; i.e. buy a boat is the only safe and mediocre existence permitted.

I can rent you my boat when the time comes.

 

[Deleted User 298457]

I can rent you my boat when the time comes.

If we live together I will pay you double

 

[adam cool dude]

Caravans? Surely they are cheap. Just park up in public space. Even better - keep a couple of horses and use them to tow you from town to town

Just go the whole hog and wild camp in the middle of a roundabout. Basically a tramp but at least you will save the Benjamin's.

 

[CapitalOne]

Just go the whole hog and wild camp in the middle of a roundabout. Basically a tramp but at least you will save the Benjamin's.

If I remember correctly there was an OCUK movement promoting groups to create bonfires in places like that to group-cook gruel. What ever happened to that lot?

 

[fez]

If I remember correctly there was an OCUK movement promoting groups to create bonfires in places like that to group-cook gruel. What ever happened to that lot?

I imagine they got bored and their mothers called them in for dinner

 

[jaybee]

Just go the whole hog and wild camp in the middle of a roundabout. Basically a tramp but at least you will save the Benjamin's.

Yeah, you'd probably be fine.

 

[413x]

Those talking about rising sea levels in the future affecting house prices; what do you propose is a safe amount above sea level then in the UK for the next X number of years? Surely this is not something we have to worry about in our lifetimes? A quick google suggests a couple of cm at worst annually in some specific areas? I would have thought this is only likely to affect the most extreme edge cases in coastal or specific low lying areas in the East Midlands?

Its also. Probably about the land. If its bog land vs granite.

But I expect next house to be 100m+ just from where I want to live.

7m at the moment!

I'd bet. 1000s on it being beyond worst case scenarios. It always is

 

[gazref]

Tbh I think insurance companies will be the driving factor in viability of flood risk real estate long before the average Joe. York would be a classic example as it's a sought after area but prone to floods.

I'd imagine a majority of residents in the UK are ok with the once a generation flood risks until theyre more common and premiums go daffy or insurers refuse to cover flood dmg. Even then knowing us Brits there'd be the stubborn lot refusing to move or snapping up the houses at the bottom of the hill for big discounts xd

 

[flea.rider]

Tbh I think insurance companies will be the driving factor in viability of flood risk real estate long before the average Joe. York would be a classic example as it's a sought after area but prone to floods.

I'd imagine a majority of residents in the UK are ok with the once a generation flood risks until theyre more common and premiums go daffy or insurers refuse to cover flood dmg. Even then knowing us Brits there'd be the stubborn lot refusing to move or snapping up the houses at the bottom of the hill for big discounts xd

if anything was going to happen .. do you think banks would be lending out £300k plus for a house near water ? yeah they don't mind if it's a once and a while thing .. there money is still safe ..but a tidal uplift of 15ft ??

 

[krooton]

If others can be smug about their long-term fixes, I'll be smug about my 140m above sea level

 

[SixTwoSix]

Just go the whole hog and wild camp in the middle of a roundabout. Basically a tramp but at least you will save the Benjamin's.

Here's a handy guide

Stealth Camping In Roundabout

Gear I use available on Amazon - https://www.amazon.com/shop/stevewallisCamera gear I use - https://www.amazon.com/shop/stevewallis/list/CNRF05ZFDBHFI finall...

www.youtube.com

Quite enjoy this guys random camping spots.

 

[Freakbro]

Predicted map shows huge parts of Lincolnshire under water by 2050

Climate scientists forecast that many places are at risk

www.lincolnshirelive.co.uk

A lot of Lincolnshire is reclaimed fen land below sea level already.

 

[Richie]

I'm 20m above sea level myself so looking forward to my beach side residence in a few years