House prices rose 7.3% this year, average now almost £250k

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You have to really want a house to obtain one. Save up that deposit by cutting down on the spending. You can't be doing 30h per week on a checkout either and expect to buy a property. However, you don't always save just by earning more. Some people you could pay an extra £10,000 to and they would still be skint all the time and blame someone else.

If a couple cannot buy a house or flat then they really are not trying (they probably think they are trying), be it with cutting back on their lifestyle, working harder, or managing their expectations of what a first home is.

UK minimum wage is £8.72. Two people on a 40h week is £36200. Throw in 10% overtime and you are on >£40,000. This will let a couple borrow £130,000. This is easily enough for a property. This assumes you are on minimum wage too, which you won't be if you have shown even the slightest hint of accountability at work.
 
OpenToSuggestions said:
You have to really want a house to obtain one. Save up that deposit by cutting down on the spending. You can't be doing 30h per week on a checkout either and expect to buy a property. However, you don't always save just by earning more. Some people you could pay an extra £10,000 to and they would still be skint all the time and blame someone else.

If a couple cannot buy a house or flat then they really are not trying (they probably think they are trying), be it with cutting back on their lifestyle, working harder, or managing their expectations of what a first home is.
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Sorry but why not? A house isn't a luxury it's a necessity and rental costs month by month are more expensive for the same house anyway unless you've got some ridiculously good landlord.
 
Martini1991 said:
Sorry but why not? A house isn't a luxury it's a necessity and rental costs month by month are more expensive for the same house anyway unless you've got some ridiculously good landlord.
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Do you live in Dormanstown as your profile suggests?
If so, then this is near you.
https://www.rightmove.co.uk/property-for-sale/property-73868385.html
There are hundreds of properties for <£100,000. Your username suggests you were born in 1991.
I don't understand how a 29 year old cannot afford this.
 
Scam said:
I'll quote my post from the other thread so you can reacquaint yourself before you respond:
There's better graphs out there that show this ratio going up, up and up since the 80s but you know what I just can't be bothered because this argument is like banging your head against a brick wall.
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So I’ve lived near Cambridge for the last 25 years and it’s always been unaffordable for most people. I earn a good salary but I couldn’t afford to live in Cambridge even now, also I wouldn’t chose to as the house prices are just mental. Most of the places on your list are University towns which means that rents and house prices are high and houses are snapped up for HMOs for student almost instantly.

I now live in a small town 21 miles from Cambridge, when I did have to commute in it took about 40 mins. Now I’m not saying it’s easy for first time buyers but if your hoping to buy a house in Cambridge, good luck as it going to be out of reach for 99% of people.

If you take your money a little further out you can still find 2 or 3 bed house for £130k ish. That should be achievable for a couple on an an average salary. At least it gets them on the housing ladder, if they work hard and do well and their salaries increase they can the move in closer to Cambridge if their job requires.

When I first moved to Cambridge a shared a room in a HMO, it was £499 per month, I used to get paid around £900 I’ll let you do the math ;)
 
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OpenToSuggestions said:
Do you live in Dormanstown as your profile suggests?
If so, then this is near you.
https://www.rightmove.co.uk/property-for-sale/property-73868385.html
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What deflection is this?
I want you to explain your position.

And I wouldn't particularly call Middlesbrough close when I currently live walking distance to work.

My circumstances aren't the same as a cashier working minimum wage at 30 hours a week, but that's irrelevant.

I personally have my own house, although it's not Dormanstown as I moved out of my mams house. (That she bought)
 
Martini1991 said:
What deflection is this?
I want you to explain your position.

My circumstances aren't the same as a cashier working minimum wage at 30 hours a week, but that's irrelevant.
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If you are living in the north east then there is no reason for anybody working full time to be able to claim they cannot afford a house. There are countless examples of houses under £100,000.
Minimum wage is the same all over the UK. It really is not hard when houses start at £60,000.
 
OpenToSuggestions said:
If you are living in the north east then there is no reason for anybody working full time to be able to claim they cannot afford a house. There are countless examples of houses under £100,000.
Minimum wage is the same all over the UK. It really is not hard when houses start at £60,000.
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This is more deflection.
Justify your stance, that's what I pulled you up on.

A couple working minimum wage here can feasibly buy a house, never said anything to the contrary.
 
Martini1991 said:
This is more deflection.
Justify your stance, that's what I pulled you up on.
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My stance is to say you are just complaining saying woe is me. I bought my first house in Stoke because it was cheap to get on the ladder. I managed my expectations of the area I could afford to live in. This allowed me to move somewhere nicer several years later.
 
You have eddited the heck out your posts :p.
Martini1991 said:
Sorry but why not? A house isn't a luxury it's a necessity and rental costs month by month are more expensive for the same house anyway unless you've got some ridiculously good landlord.
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This was my point. Housing is not a luxury, but a Bentley GT and a Nissan Micra are both cars.

One person in the couple can pay the rent. The other can save the same amount for a deposit.
Sorted :).
 
OpenToSuggestions said:
My stance is to say you are just complaining saying woe is me. I bought my first house in Stoke because it was cheap to get on the ladder. I managed my expectations of the area I could afford to live in. This allowed me to move somewhere nicer several years later.
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What are you on about, where have I complained about my area? (Apart from recent new build developments that are lol pricing)
 
OpenToSuggestions said:
You have eddited the heck out your posts :p.

This was my point. Housing is not a luxury, but a Bentley GT and a Nissan Micra are both cars.

One person in the couple can pay the rent. The other can save the same amount for a deposit.
Sorted :).
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You said someone in those circumstances shouldn't be able to buy a house. Nothing about the quality of house.
 
OpenToSuggestions said:
If you are living in the north east then there is no reason for anybody working full time to be able to claim they cannot afford a house. There are countless examples of houses under £100,000.
Minimum wage is the same all over the UK. It really is not hard when houses start at £60,000.
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https://www.rightmove.co.uk/property-for-sale/property-97974725.html

Bang in the middle of a city centre in a decent area too.

So jobs a plenty. It's not up in the Highlands or in a rough area. It's literally walking distance to pretty much everything as it's bang in the middle. I could show you flats a stone's throw away that sell for a lot more like the below.

https://www.rightmove.co.uk/property-for-sale/property-96133016.html

Before anyone suggests that the area is somewhere nobody would want to live.

Would be zero or little commuting costs if you worked in the city.
 
Martini1991 said:
You said someone in those circumstances shouldn't be able to buy a house. Nothing about the quality of house.
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No, he said shouldn't expect to be able to, and he's right. No one should really expect anything, they should look at the reality that is laid down in front of them and navigate it as opposed to whining about their unfulfilled expectations.
 
touch said:
That's an auction with a guide price.

Even proper estate agent sales in Glasgow sell for around 20% over the "Offers Over" price. It's not easy to work out the actual value of houses when buying in Glasgow.
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Really?

Properties sold nearby
  • 24 Aug 2020 1 3/11 Blackfriars Road, G1£73,000
  • 19 Dec 2019 1 5/4 Blackfriars Road, G1£74,000
  • 26 Nov 2019 1 4/15 Blackfriars Road, G1£70,000

Does that help you?
 
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