big eck
Member
Registered: 20th Apr 03
Location: Tullibody. Drives - Audi B8 S4 & Fiesta Zetec-S
User status: Offline
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quote:
Originally posted by Kerry
well i bought a house for 50k and its sold for 109k so u do the maths and tell me if it will all be ok 
Sorry for askin 
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Kerry
Member
Registered: 5th Oct 01
Location: Norwich
User status: Offline
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quote:
Originally posted by VenomTurbo
interest rates are that low its cheaper to borrow money at the moment, which means higher house prices, then when they do go back up we hit a dark spot for a year or 2
interest rates are actually on the rise which means house prices will soon fall
i will wait til the rates get really high and the prices get even lower before i buy again 
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J da Silva
Member
Registered: 10th Apr 03
Location: The FACTory
User status: Offline
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quote:
Originally posted by Kerry
quote:
Originally posted by VenomTurbo
interest rates are that low its cheaper to borrow money at the moment, which means higher house prices, then when they do go back up we hit a dark spot for a year or 2
interest rates are actually on the rise which means house prices will soon fall
i will wait til the rates get really high and the prices get even lower before i buy again
yes thats true they are on the increase now, but at the moment young first time buyers are going to struggle
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Kerry
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Registered: 5th Oct 01
Location: Norwich
User status: Offline
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yes on average couples need to earn around 25k a year each to get a mortgage for atleast 150k and that wont get u much at the mo 
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J da Silva
Member
Registered: 10th Apr 03
Location: The FACTory
User status: Offline
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I'm not entitled to as much tax rebait as someone who earns under 30k a year How crap is that?
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BlueCorsa
Member
Registered: 14th Jan 04
Location: Midlands Drives: MB SLK250 CDI
User status: Offline
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quote:
Originally posted by VenomTurbo
quote:
Originally posted by Kerry
i will wait til the rates get really high and the prices get even lower before i buy again
yes thats true they are on the increase now, but at the moment young first time buyers are going to struggle
Till all the fools who've paid far too much can't pay their mortgages and there'll be plenty of repossessed property at auction
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Kerry
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Registered: 5th Oct 01
Location: Norwich
User status: Offline
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i wouldnt want to buy a reposession the people who have them taken off them trash em to feck by puttin holes in pipes ect
thats why companies are more reluctant to do them this days and would rather sort it out without goin to court
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J da Silva
Member
Registered: 10th Apr 03
Location: The FACTory
User status: Offline
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a company i've recently delt with will get some stuff repo'd if they don't pull their fingers out 
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