I did have a look on rightmove and the cheapest was 100k for non shared ownership.
I completely agree that buying is better that renting (I don't think many would argue) but sometimes it just isn't possible.
Moving house, advice needed!
- Thread starter Kobrakai
- Start date
I did have a look on rightmove and the cheapest was 100k for non shared ownership.
I completely agree that buying is better that renting (I don't think many would argue) but sometimes it just isn't possible.
[TW]Fox;11481868 said:
I never had a huge deposit buying my 1st house. He could raise 85k off a mortgage and get a tidy two bed something or another im sure. CBA to argue with you anyway, just saying what I've done in the past, to try and help the guy.
£85k for a 3 bedroom house by the way, was it in Mosside or something?
Nope, it was 96k in Nottingham, sold it last month for a nice profit, just bought another around the area.
Renting wont allow you to 'move up' quicker than your salary increase allows. If you don't mind a little hard work, buying is much better.
A bit of a commute to work for him though
Please, someone suspend this idiot.
A) The OP would be nuts to buy in the current market EVEN IF HE COULD AFFORD TO
B) Who is going to lend him 5x his salary on a 100% mortgage right now?!
C) He has no deposit by the sounds of it... how will he pay solicitors, survey, etc?!
D) You are talking 4 years ago... things are different now!!
Jesus wept
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
How is he going to buy without a deposit? Have you been following the news lately?
A) The OP would be nuts to buy in the current market EVEN IF HE COULD AFFORD TO[/quote]
Thats right, doom and gloom, everyones going to die, house prices are going to drop to 20%, negative equity.
or you spend your money on thin air, renting.
Good point.
Jesus christ, who said antyhnig about 5*, i'm sure he could buy a house for ~80k, all be it a small one.
Parents, rich uncle, granparents, savings... I've no idea, I don't care. But where there is a will, there is a way.
No personal attacks here, sonny Jim
Gilly
PS who is the more retarded, the person that disagrees with another, or the person that can't read simple rules?
Jesus wept yourself.
Thats right, doom and gloom, everyones going to die, house prices are going to drop to 20%, negative equity.
or you spend your money on thin air, renting.
Good point.
Jesus christ, who said antyhnig about 5*, i'm sure he could buy a house for ~80k, all be it a small one.
Parents, rich uncle, granparents, savings... I've no idea, I don't care. But where there is a will, there is a way.
No personal attacks here, sonny Jim
Gilly
PS who is the more retarded, the person that disagrees with another, or the person that can't read simple rules?
Jesus wept yourself.
No. How does this help him buy one without a deposit?
[TW]Fox;11482416 said:
It doesnt. But it shows you have no first hand knowledge of the subject. You have no idea how much solicitors fees are, moving fees are and the specific process of buying a house as you have never done it.
So I suggest, you go and find a BMW post in the motors section, where you can tell the OP the answer to his question, in detail.
You could stick around here and drum up more negative input, telling the OP to rent when he could in fact buy. Yes its expensive, yes its hard to do. But its not impossible.
Ah yes, thats right. I have no knowledge of the economy, the markets or finance or anything like that. Infact all I know about is cars and computers.
And leave you to fill this one with misinformation and pipe dreams?
Alternatively you could explain how somebody with no deposit on £1200 a month after tax can BUY a house and maintain it in an affluent area like Cambridge?
As a hint, there isn't a SINGLE property for £80k in Cambridge on Rightmove.
Heres one
http://www.rightmove.co.uk/viewdetails-10130259.rsp?pa_n=3&tr_t=buy
Assuming you would get 10% off, after telling them about the shocking market TW Fox style.
[TW]Fox;11482449 said:
Glad you admit that.
You're not going to get somewhere in the middle of bloody Cambridge for 80k. He'd have to look AROUND the area. Also (as you're new to this, I'll explain) the price you see, isnt the price you pay
.Well, need to make sure everyone is aware of what they are reading. Becuase unless you've bought something its impossible to know anything about it.
But thats where he wants to live. So, back to the old 'He cannot buy something to suit his requirements' story again.
He has no car and has to rely on public transport. Outlying villages don't seem so sensible really? Littleport is 22 miles away from where he said he wants to live!
Last edited: