Graham88
Member
Registered: 16th Apr 07
Location: South East Kent Drives: E46 M3
User status: Offline
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quote:
Originally posted by CORSA NUT
So much bullshit getting chatted in here...
If your on 42k a year which I highly doubt unless your a senior team leader etc, you'll take home maximum without deductions of £2600.
That is what you earn end of story. Gross pay on that is £3500. If it makes you feel better telling people you earn £3500 a month when you don't then go for it.
This post 
Ben G you liar
Asides from Ben there is definetly some billy bullshit figures going on
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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that one did make me laugh
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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I think we need to start naming who is bullshitting. I know I certainly aren't with my little terraced house.
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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I only have a 2 bed semi  south east prices next step up is 100k more 
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pow
Premium Member
Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
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My life. Consists of working so I'm all good lol
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VrsTurbo
Premium Member
Registered: 8th Jun 10
User status: Offline
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I could say I pull in near 10k a month but I doubt people would believe me.
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Ian W
Member
Registered: 8th Nov 03
Location: Wirral, Merseyside
User status: Offline
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I guess this is the reason why it's never a good idea to talk about salaries with anyone
Was always led to believe it wasn't really a done thing 
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nibnob21
Premium Member
Registered: 16th May 10
Location: South Derbyshire
User status: Offline
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Something that no-one has mentioned is the term of their mortgage. It's all well and good saying how much it is, and what percentage of your salary it is and blah blah, but if it's over a period of 40 years with a shit interest rate then you're not in an amazing situation.
MX5 Project Thread
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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The other side of that is if you own a northern house which costs the same as a pint of milk and you earn minimum wage.
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pow
Premium Member
Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
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18 years a thank you 
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VrsTurbo
Premium Member
Registered: 8th Jun 10
User status: Offline
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Meh only got 40k left to pay off
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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£149.8k left here it goes down about 200 a month. It sickens me that 500 a month is interest.
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ed
Member
Registered: 10th Sep 03
User status: Offline
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The interest is absolutely eye watering isn't it! My rate is pretty crappy and my term is 35 years - it was the only option open to me when I bought the place as not many lenders were keen on first time buyers at the time. Once I drop onto the variable rate it becomes a bit more palatable, though there's good cause to keep the monthly payments the same and over pay it because of the amount of interest you're paying.
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Haimsey
Premium Member
Registered: 8th May 05
Location: Nottingham Drives: Corsa B
User status: Offline
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Mines 30 years term, I have a spreadsheet to monitor monthly outgoings and have a sheet for the mortgage. Makes me want to cry at how much is paid off by month 12
But, appreciate the interest paid goes down with each payment and it feels better 
Marcy Marc 
White Sport Progress Thread
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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25years fro me. £91k left.
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tom130691
Premium Member
Registered: 13th Sep 08
Location: Daventry
User status: Offline
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24.7 years and 188k left to go
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Cavey
Member
Registered: 11th Nov 02
Location: Derby
User status: Offline
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We had a 40 year... Down to 35 now, paid off 3k or something of our 123 still not quite sure how we got a 40 yr term, I was 27 she was 22, so retirement age still I guess. RBS
In fact, this reminds me the fixed term is up in a few weeks, need to sort stuff out
[Edited on 13-04-2015 by Cavey]
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whitter45
Member
Registered: 15th Nov 02
Location: Norton
User status: Offline
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16 years left for me - its incredible how times fly. I remember taking out my first mortage like it was yesterday
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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29 years 2 months left. 4.99% interest fixed for the next 14 months. Mortgage was £133,000. Paid off £1,631.26.
Has been £713 for the last 10 months. So that's £5,498.74 interest.
What a bunch of cunts 
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RichR
Premium Member
Registered: 17th Oct 01
Location: Waterhouses, Staffordshire
User status: Offline
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3 mortgages, 6 properties - still live in a building site and have no carpets
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Andrew
Member
Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
User status: Offline
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One of mine has gone onto a variable rate. I need to sort it out but i'm either working on the house or working
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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Mines been on variable for over a year need to pull my finger out. But, it's £230 a month cheaper than when I was on a fixed rate, so not too bad.
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Graham88
Member
Registered: 16th Apr 07
Location: South East Kent Drives: E46 M3
User status: Offline
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Rates are decent, so worth staying on variable for the foreseeable future!
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pow
Premium Member
Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
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When you're on 1.89% all is good in the hood
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spencer88
Member
Registered: 6th Oct 08
Location: cornwall
User status: Offline
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quote:
Originally posted by pow
When you're on 1.89% all is good in the hood
Bloke at work took his out on I think 0.5% above base rate just before interest rates dropped. He's been loving it since
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