Mortgage Rate Rises

I found mine. It's apparently 145sqm. Originally a 3 bed end terrace which would have been about 85sqm. It's had a garage conversion, ground floor extension to the back and a loft conversion.
 
Not sure how true the energy performance certs are with house sizes, mines 10 square meters smaller than my neighbours but the houses are mirrors of each others.

my house is tiny compared to everyone else’s… but it’s big enough for me.

trying to find a 2 bedroom house and not apartment that is a newish build in manchester is a mare! They just built 3 more across the river and they are going for ober £250k each. Considering I was looking at that area 6 years ago, I could have got a newish build 2 bed room or ex council house 3 bedroom for around 180k.
 
slinxy said:
Not sure how true the energy performance certs are with house sizes, mines 10 square meters smaller than my neighbours but the houses are mirrors of each others.

my house is tiny compared to everyone else’s… but it’s big enough for me.

trying to find a 2 bedroom house and not apartment that is a newish build in manchester is a mare! They just built 3 more across the river and they are going for ober £250k each. Considering I was looking at that area 6 years ago, I could have got a newish build 2 bed room or ex council house 3 bedroom for around 180k.
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Manchester is far more desirable these days, I’d say it’s still ‘cheap’ compared to what you’d find in the ‘major’ cities around me.

I say ‘major’, I live in the East of England so it’s all relative. The cheapest new 2 bed house I can see in Cambridge is over £400k, there are a couple of 1 bed houses for £350k-£375k.

But yeh anything cheaper than £400k is a flat or shared ownership. You can get a 2 bed shared ownership flat for £180k but you only own 50%, the cheapest listing is for a 1 bed apartment for £90k but you only own 25%.

‘Used’ properties are of course cheaper but that that much cheaper unless they are a right dive or need a full refurb.
 
b0rn2sk8 said:
Manchester is far more desirable these days, I’d say it’s still ‘cheap’ compared to what you’d find in the ‘major’ cities around me.

I say ‘major’, I live in the East of England so it’s all relative. The cheapest new 2 bed house I can see in Cambridge is over £400k, there are a couple of 1 bed houses for £350k-£375k.

But yeh anything cheaper than £400k is a flat or shared ownership. You can get a 2 bed shared ownership flat for £180k but you only own 50%, the cheapest listing is for a 1 bed apartment for £90k but you only own 25%.

‘Used’ properties are of course cheaper but that that much cheaper unless they are a right dive or need a full refurb.
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The world has gone mad.
I do worry about how my children will be able to afford their own place when they grow up.
 
potatolord said:
I worked mine out at about 230sqm. It's a 4 bed Edwardian detached. It's in a rubbish valleys town, so was fairly cheap.

It's a nightmare to vacuum. Also, expensive/ impossible to heat.
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Lovely, apart from heating. 230sqm for a 4 bed gives great sized rooms.

I feel your pain, we have mostly solid walls downstairs and it's expensive to heat. Using around 200kWh of gas daily when it's near 0-3 during the day and just under 0 overnight.
 
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People are moving out of London in bus loads and slapping down cash on houses in surrounding counties. That is creating problems everywhere.

Moving further south is also comically expensive so they are moving North, skipping over Luton (don't blame em)
 
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potatolord said:
I worked mine out at about 230sqm. It's a 4 bed Edwardian detached. It's in a rubbish valleys town, so was fairly cheap.

It's a nightmare to vacuum. Also, expensive/ impossible to heat.
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That is a huge house! Wow! I can't imagine having to heat that.
 
Some of your guy's bedrooms are larger than the flat we had in HK lol

Someone at work had to replace his windows, there are 38 of them!
 
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b0rn2sk8 said:
Manchester is far more desirable these days, I’d say it’s still ‘cheap’ compared to what you’d find in the ‘major’ cities around me.

I say ‘major’, I live in the East of England so it’s all relative. The cheapest new 2 bed house I can see in Cambridge is over £400k, there are a couple of 1 bed houses for £350k-£375k.

But yeh anything cheaper than £400k is a flat or shared ownership. You can get a 2 bed shared ownership flat for £180k but you only own 50%, the cheapest listing is for a 1 bed apartment for £90k but you only own 25%.

‘Used’ properties are of course cheaper but that that much cheaper unless they are a right dive or need a full refurb.
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Wed be living in a box!

It looks like WFH is here to stay. If it grows a bit (after shrinking post covid) things will equalise a bit. But the SE will always be a hellish experience for those on lowwr/average salaries.

But some people like a flat. We just have a forum of huge house dwellers! :D
 
-Ad- said:
Lovely, apart from heating. 230sqm for a 4 bed gives great sized rooms.

I feel your pain, we have mostly solid walls downstairs and it's expensive to heat. USing around 200kWh of gas daily when it's near 0-3 during the day and just under 0 overnight.
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Could you use heat pump to heat up your property cheaper?
 
413x said:
Wed be living in a box!

It looks like WFH is here to stay. If it grows a bit (after shrinking post covid) things will equalise a bit. But the SE will always be a hellish experience for those on lowwr/average salaries.

But some people like a flat. We just have a forum of huge house dwellers! :D
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I prefer a house. Need my garden space!
 
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