corsa120
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Registered: 4th May 02
Location: Northamptonshire
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i own a 3-bed house with 30 year mortgage with northern rock on a fixed for 5 years deal, been in it for nearly 2 1/2 years, just out of curiosity i got a quote on a conservatory, and it werent bad but not sure i would be lent the money from northern rock on my mortage at the moment are there any peeps in the know with this kind of stuff.....
my mortgage is now stands at 113k capital obviously but sure my house is only worth about 115-118k so......
quote for the conservatory is 5.5k
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J da Silva
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Registered: 10th Apr 03
Location: The FACTory
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You'd be better saving the cash and not having your extension added to your mortgage, or you'll be paying 10k for a 5k build.
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Twiggy
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Registered: 15th Oct 04
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here here!
tbh i would not be looking to add to your mortgage at the mo as when you come to re mortgage in a few years time you may be in negative equity if this credit cruch is still going on.....
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corsa120
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Registered: 4th May 02
Location: Northamptonshire
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yes i may look into that, must say though negative equity matters more when you wanna move does it not and i dont intend on moving........ever!
do you struggle to remortgage when your in negative equity??
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Twiggy
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Registered: 15th Oct 04
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quote:
Originally posted by corsa120
yes i may look into that, must say though negative equity matters more when you wanna move does it not and i dont intend on moving........ever!
do you struggle to remortgage when your in negative equity??
yeh as the banks wont lend what the property is worth i.e. you wont be able to get a mortgage
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J da Silva
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Registered: 10th Apr 03
Location: The FACTory
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quote:
Originally posted by corsa120
yes i may look into that, must say though negative equity matters more when you wanna move does it not and i dont intend on moving........ever!
do you struggle to remortgage when your in negative equity??
It matters even if you don't, are you living with a partner?
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corsa120
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Registered: 4th May 02
Location: Northamptonshire
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i am living with mrs yes..... ohh well if im in negative equity ill just have to stay on the standard variable rate at that time lol
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J da Silva
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Registered: 10th Apr 03
Location: The FACTory
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So you walk into your home one day and your best mate is scratching the itch on his tongue with your missus' badger hair, you split and need to sell up? You just never know my friend, you never know.
[Edited on 14-02-2009 by J da Silva]
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corsa120
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Registered: 4th May 02
Location: Northamptonshire
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well been together for 9 years now so hope its ok lol and tbh i really dont think she's that type of girl
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Twiggy
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Registered: 15th Oct 04
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quote:
Originally posted by J da Silva
So you walk into your home one day and your best mate is scratching the itch on his tongue with your missus' badger hair, you split and need to sell up? You just never know my friend, you never know.
[Edited on 14-02-2009 by J da Silva]
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corsa120
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Registered: 4th May 02
Location: Northamptonshire
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sorted lol have decided on a personal loan of 3k over 2 years and ill add the rest from my savings lol
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a_j_mair
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Registered: 23rd Jan 04
Location: Scotland
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wouldnt build a conservatory!!!
cold in the winter and to warm in the summer, whether it is heated or not.
I would build a sun lounge instead, far more useable room.
brick or timber frame built, lots of large windows similar to a conservatopry but a proper roof.
means you can sit in it when it is raining etc
I have a serious think about it and maybe ask some friends/colleuges with conservatorys
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Twiggy
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Registered: 15th Oct 04
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conservatorys are the daddy!
cold in the winter - why would you be in there in the winter watching the rain??
to warm in the summer - how can it be to warm? that why people go to hot places 
love ours! it goes across the back of the house! got pool table 2 sofas and coffe table in there
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a_j_mair
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Registered: 23rd Jan 04
Location: Scotland
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Thats the point if you build a sun lounge you can use it all year round
would never build a conservatory personally
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J da Silva
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Registered: 10th Apr 03
Location: The FACTory
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Everybody has different preferences I guess, I'd never have a sun lounge with a glass roof simply because of the safety issue, every upstairs window in my house has an escape option, I don't want to have to dive through a glass roof in the event of a fire and land back in a burning house.
[Edited on 17-02-2009 by J da Silva]
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corsa120
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Registered: 4th May 02
Location: Northamptonshire
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conservatories have come on alot these days, and the quote ive bin given includes air conditioning, and main reason for conservatory is coming in and out of the house for shoes and wont get too hot in the summer thats what french doors are for OPEN LOL
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