Conway563
Member
Registered: 7th Jun 06
Location: Yate, Bristol
User status: Offline
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Can't imagine anybody is going to give you a mortgage if you're not taking any life insurance out
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l15ter
Member
Registered: 1st Feb 08
Location: Berkshire
User status: Offline
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quote:
Originally posted by Rob B
quote:
Originally posted by DaveyLC
quote:
Originally posted by Rob B
Mortgage £250 each
Council tax £54 each
Water and electric £20 each
Tv and internet etc £20 each inc licence
Total £344
FMPSL! Where are you going to live? A garden shed?
Shut up you stupid little cunt, search on google and then come back.
you may think hes a little cunt, but hes right, how big is mortgage going to be.
personally it wont work, simple as.
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A2H GO
Member
Registered: 14th Sep 04
Location: Stoke
User status: Offline
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Hi Rob,
Im in your position just a little bit further along. I sold the 182 and cleared my finance, now driving a £400 Corsa diesel(fuel and insurance savings are massive too) so that i could get a house with the Mrs. Ive been with my Mrs nearly 4 years and we have lived together for over 3 years of that in rented accomadation. I must admit i thought she we would get on fine living together, after a few months of seeing eachother all the time(or what felt like it we split up for around a week) we eventually worked things out and the past 3 years have been fine so we have decided to get our own place. We got a deposit together and found a nice 2 bed semi, we hopefully move in 1st August.
We both earn a little less than you and i know all the outgoings will be affordable but if i still had the Clio, with insurance/fuel/finance/serviceing/tax etc i doubt i would be able to do it so to be on the say side i got rid. If i find i have enough disposable icome after a few months of being in and the house being furnished i will consider getting a decent car again.
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AK
Member
Registered: 5th Jul 00
Location: Aberdeen City
User status: Offline
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as soon as you move in with a woman your spending money dissapears  they are very absorbant sponges!
Fee still wants a joint account for our wages... i'm not happy with that untill she's on similar money.
You can prob manage on £500 spare a month, i know ive done it in the past when i've had to. Its not ideal though as others have said. There is always something extra to pay a month.
The fridge breaks.
The roof leaks.
The boiler packs in.
Thats a bloody small mortgage too by the looks of it 
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Ojc
Member
Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
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Don't do it. Buy a more expensive car and live in that.
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Rob B
Member
Registered: 8th Jan 04
Location: Area Motorsport Drives: Race EP3
User status: Offline
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quote:
Originally posted by l15ter
quote:
Originally posted by Rob B
quote:
Originally posted by DaveyLC
quote:
Originally posted by Rob B
Mortgage £250 each
Council tax £54 each
Water and electric £20 each
Tv and internet etc £20 each inc licence
Total £344
FMPSL! Where are you going to live? A garden shed?
Shut up you stupid little cunt, search on google and then come back.
you may think hes a little cunt, but hes right, how big is mortgage going to be.
personally it wont work, simple as.
Does know one read anymore ? That is the price of my mortgage, the AGREED mortgage including my deposit!
Christ no wander the world is on a down turn with all the negative people about 
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Rob B
Member
Registered: 8th Jan 04
Location: Area Motorsport Drives: Race EP3
User status: Offline
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quote:
Originally posted by CorsAsh-Sport
Hi Rob,
Im in your position just a little bit further along. I sold the 182 and cleared my finance, now driving a £400 Corsa diesel(fuel and insurance savings are massive too) so that i could get a house with the Mrs. Ive been with my Mrs nearly 4 years and we have lived together for over 3 years of that in rented accomadation. I must admit i thought she we would get on fine living together, after a few months of seeing eachother all the time(or what felt like it we split up for around a week) we eventually worked things out and the past 3 years have been fine so we have decided to get our own place. We got a deposit together and found a nice 2 bed semi, we hopefully move in 1st August.
We both earn a little less than you and i know all the outgoings will be affordable but if i still had the Clio, with insurance/fuel/finance/serviceing/tax etc i doubt i would be able to do it so to be on the say side i got rid. If i find i have enough disposable icome after a few months of being in and the house being furnished i will consider getting a decent car again.
Thanks Ash, good advice
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Rob B
Member
Registered: 8th Jan 04
Location: Area Motorsport Drives: Race EP3
User status: Offline
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quote:
Originally posted by AK
as soon as you move in with a woman your spending money dissapears they are very absorbant sponges!
Fee still wants a joint account for our wages... i'm not happy with that untill she's on similar money.
You can prob manage on £500 spare a month, i know ive done it in the past when i've had to. Its not ideal though as others have said. There is always something extra to pay a month.
The fridge breaks.
The roof leaks.
The boiler packs in.
Thats a bloody small mortgage too by the looks of it
Everything will be new with warranty and the house is four years old.
We have a good deposit.
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csweatherston
Member
Registered: 16th Jan 06
Location: Devon
User status: Offline
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what do you work as?.. i wish i earned 19/20k at 21 
i would say its managable. But not the ideal, whats her wage like?
[Edited on 17-06-2009 by csweatherston]
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mattk
Member
Registered: 27th Feb 06
Location: St. Helens
User status: Offline
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Willay is speaking alot of sence, this very situation has just bit my mate onth arse
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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i'd say you'd need a few hundred more quid every month in order to make sure you can afford it.
i take home about £1800 a month and my girlfriend gets £1000 after tax and i'm not even contemplating thinking we can afford a house until the focus is gone.
theres lots of hidden costs like things breaking that you just don't really budget for
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Nath
Member
Registered: 3rd Apr 02
Location: MK
User status: Offline
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I was with my ex for 17 months. After a year I thought we'd live together etc... But it didn't work out. 1 year is too short IMO.
IMO.
IMO.
^^^
Before you call me a cunt or something 
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A2H GO
Member
Registered: 14th Sep 04
Location: Stoke
User status: Offline
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quote:
Originally posted by Ben G
i'd say you'd need a few hundred more quid every month in order to make sure you can afford it.
i take home about £1800 a month and my girlfriend gets £1000 after tax and i'm not even contemplating thinking we can afford a house until the focus is gone.
theres lots of hidden costs like things breaking that you just don't really budget for
Nearly 3k a month joint income and your not sure you can afford a mortgage...either your after a footballers mansion of the focus is costing you an arm and a leg...
[Edited on 17-06-2009 by CorsAsh-Sport]
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richc
Member
Registered: 24th Mar 07
Location: Ilkeston
User status: Offline
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You must have a brilliant deposit if you paying 250 a month!
I think my mum and dad pay that but their first house cost £24k
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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quote:
Originally posted by CorsAsh-Sport
quote:
Originally posted by Ben G
i'd say you'd need a few hundred more quid every month in order to make sure you can afford it.
i take home about £1800 a month and my girlfriend gets £1000 after tax and i'm not even contemplating thinking we can afford a house until the focus is gone.
theres lots of hidden costs like things breaking that you just don't really budget for
Nearly 3k a month joint income and your not sure you can afford a mortgage...either your after a footballers mansion of the focus is costing you an arm and a leg...
[Edited on 17-06-2009 by CorsAsh-Sport]
mortgage is about £1000 a month round here + all the bills you need to pay.
focus costs about 800 a month at the moment. £413 a month finance, £17 month GAP insurance £185 month insurance and approx £200 month petrol  young and nieve, i was
[Edited on 17-06-2009 by Ben G]
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Nath
Member
Registered: 3rd Apr 02
Location: MK
User status: Offline
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Focus costs what now?!
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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yes, silly money it's going soon anyway.
wasn't planning on a house last year, hence the reason i went for it.
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mattk
Member
Registered: 27th Feb 06
Location: St. Helens
User status: Offline
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£413 on finance :gulp:
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strick206
Member
Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
User status: Offline
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Just had an offer on a house accepted myself
I'm on 18k a year
Parents have put a deposit of 35k down on the house, which is 140k
The mortgage is going to be about 580 a month if it goes through
After that there is
Council Tax
Gas
Electric
Water
TV, Internet, phone
Home Insurance
Life Insurance
Loss of earnings cover
and i've probably forgotten a lot of things
A mate is moving in one of the spare rooms and renting, which will split the bills but it will still be tight
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strick206
Member
Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
User status: Offline
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quote:
Originally posted by Rob B
I'm 21 take home about 1,350 after tax.
My current outgoings are
Car insurance - £129 per month
Loan - £230 month
Phone - £40 month
Store card - £32 month
Total £430
With house,
Mortgage £250 each
Council tax £54 each
Water and electric £20 each
Tv and internet etc £20 each inc licence
Total £344
Have you took into account gas? phone line? home insurance, life insurance, and a good few other things
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corsa120
Member
Registered: 4th May 02
Location: Northamptonshire
User status: Offline
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i seriously advise you not to work out bills on paper as it never adds up properly as to what people tell you thats probably the negativety your picking up on matey....
me and mrs bought our first 3 bed house 3 years ago and it was great bills was low and we thought what is all the fuss about but 1-2 years down the line when 600 quid carpets start to wear out and washing machine breaks every 5 minutes and DIY just goes on and on and then there is hidden costs like you want a holiday so like me and mrs 1500 trip to caribbean thats 200 quid a month to pay for it lol then theres car bills like tax/fuel/maintenance we have 2 cars and 1 bike etc etc
typically my water has been 3 different prices so far 28/37/44 pounds.
typically my electric has been 50/67/80/91 pounds
NO GAS
seriously advise home contents ins and life cover think its a legal requirment now to be honest but im not sure
food is feckin expensive we do 150quid month shop and must spend about 40quid week inbetween so thats like 350-400 depending what you buy etc we use combination of morrisons/iceland/tesco
[Edited on 17-06-2009 by corsa120]
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ash_corsa
Member
Registered: 15th Apr 04
Location: Shrewsbury
User status: Offline
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How much is the House and how much deposit you putting down?
Just bought a house with my mrs, £110,000 with £11,000 deposit
solicitors fees were around £850
Im only on £16k a year and the mrs is on £17.5k and we can comfortably afford it and we will be gutting the house first.
Good luck with it mate. I personally sold my S3, paid off my loan and credit card and saved like fuck. Hated giving up my pride and joy but its worth it!
Id sell the mini and pay off the loan mate! best thing i ever did!
You'll need life cover by the way 
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Rob B
Member
Registered: 8th Jan 04
Location: Area Motorsport Drives: Race EP3
User status: Offline
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quote:
Originally posted by strick206
Just had an offer on a house accepted myself
I'm on 18k a year
Parents have put a deposit of 35k down on the house, which is 140k
The mortgage is going to be about 580 a month if it goes through
After that there is
Council Tax
Gas
Electric
Water
TV, Internet, phone
Home Insurance
Life Insurance
Loss of earnings cover
and i've probably forgotten a lot of things
A mate is moving in one of the spare rooms and renting, which will split the bills but it will still be tight
Yep and i have a similar deposit and a slightly cheaper house.
Thanks for all the advice from people about the house costs, rather than my relationship
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VegasPhil
Premium Member
Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline
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Most round here budget £900-1200 PCM to live comfortably and pay the bills etc.
Try renting for 6 months first of all for a few reasons. Check the lady isn't loopy. Clearing up constantly gets pretty tiring after a while!! Affordability, doesn't sound like an issue for you. But you still have the loan etc to look out for.
Market seems to be turning though - confidence definatley returning, it's a great time to buy.
Corsa 2.0 16v Vegas - Sold
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