Soldato
There's no way a first time buyer would be able to get a mortgage on that with the view on spending 20k on it to turn it into a home
House prices rose by another 6.5% in the last 5 months, highest since 2004
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There's no way a first time buyer would be able to get a mortgage on that with the view on spending 20k on it to turn it into a home
Caporegime
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Looks like he needs to look further than 10 miles out.
He is in the south of England after all.
In my apprenticeship example they had to look 25-30 miles out and that's on an average wage or below average for London.
Caporegime
You cant be serious
You never know with Sonny, some of the scenarios he dreams up are utterly mental.
Soldato
you're about to get a 'but someone i know did exactly that'.....there's always a friend or someone he knows has done x,y and usually z too
Caporegime
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There's plenty of people that have converted boats, trailers and all sorts into homes.
There was even someone on TV who converted a triple garage or old barn.
So it's not exactly outwith the realms of possibility.
Did someone not sell the world's smallest property in terms of width in London recently where it was essentially just a small gap between two buildings which had been converted into a townhouse.
There was even someone on TV who converted a triple garage or old barn.
So it's not exactly outwith the realms of possibility.
Did someone not sell the world's smallest property in terms of width in London recently where it was essentially just a small gap between two buildings which had been converted into a townhouse.
LOL just saw this - people getting so desperate they are selling the verge?
https://www.rightmove.co.uk/properties/75627093#/
https://www.rightmove.co.uk/properties/75627093#/
Caporegime
Exactly.
Caporegime
Can easily fit 5 psycho Sonny self builds there.
0.035 acres, loads of room
Just need a bit of electric and water and you're halfway there
Caporegime
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You can buy useless parts of land everywhere.
Even after a housing estate has been built they will sell random parts which weren't financially viable for building on.
If you owned the property right next to said land then obviously you might be interested in extending your border but since it's 0.6m wide I don't think anyone is selling that for housing purposes. Unless it's a capsule style hotel.
Soldato
Sonny - 'Anyone even on mimimum wage can afford to buy a house!'
Also Sonny - 'Your house will be a tiny cube. And it won't have any water.'
Soldato
you're about to get a 'but someone i know did exactly that'.....there's always a friend or someone he knows has done x,y and usually z too
Haha I've just read the whole thread marvelling at how many people he knows
Caporegime
Soldato
everyone knows someone like that though. no matter what story you tell they've always got a 'mate' who's gone one further.Haha I've just read the whole thread marvelling at how many people he knows
Associate
Crazy, will be interesting to see whether SDLT relief gets extended. I'm a first time buyer and in a position to buy but unsure what to do to be honest!
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