BYRON
Member
Registered: 1st Jun 04
User status: Offline
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quote:
Originally posted by Ben G
21 in 3 months mate, getting old + girlfriend is moving into my parents house in 2 weeks 
Thats some heavy commitment
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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quote:
Originally posted by jungle
just baught a 2 bedroom'd semi with large garden need's updating majorly  £57050.00 waiting on the key's  and when i say updating i mean ....new kitchen,bathroom and a general overhall
£50k? Fuck that is cheap by prices around here.
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dannymccann
Member
Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
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quote:
Originally posted by Graham88
Screw independance Ben, you're 20 FFS
Independence is great  We are both 20 and rent our own place, looking to buy soon, cant fecking wait 
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pow
Premium Member
Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
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I'm 19 but looking to be out the house by the time I'm 21.
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pow
Premium Member
Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
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I have agree'd and parents/family is with me, the car is staying. They'd rather help me out for the amount that the car is worth than watch me sell what I've worked soo hard for 
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VegasPhil
Premium Member
Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline
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You do realise you would need £15k deposit for a 100k mortgage now yeh? 
Corsa 2.0 16v Vegas - Sold
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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quote:
Originally posted by VegasPhil
You do realise you would need £15k deposit for a 100k mortgage now yeh?
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dannymccann
Member
Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
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15% now?
Deano you not been saving? Im same place as you at uni and got nearly £5k in an ISA that ive saved, living at home you must have no end of cash? 
[Edited on 08-01-2009 by dannymccann]
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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quote:
Originally posted by dannymccann
15% now?
Deano you not been saving? Im same place as you at uni and got nearly £5k in an ISA that ive saved, living at home you must have no end of cash?
[Edited on 08-01-2009 by dannymccann]
No. I only work 8 hours per week but have taken out maintenance loan. I have £500 in an ISA, saved from when I was working 2 jobs, but that is paying for another 12 months insurance come Aug/Sept.
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VegasPhil
Premium Member
Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline
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Yeh most are 15%. Any lower deposits and rates are more pricey.
Corsa 2.0 16v Vegas - Sold
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dannymccann
Member
Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
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I only work 12 hours a week
Wondering if any of us will get a mortgage in the next year
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VegasPhil
Premium Member
Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline
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If they bring the deals back as fast as they pulled them then maybe 
Corsa 2.0 16v Vegas - Sold
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Conway563
Member
Registered: 7th Jun 06
Location: Yate, Bristol
User status: Offline
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quote:
Originally posted by dannymccann
Wondering if any of us will get a mortgage in the next year
At the moment the only chances I have of getting a mortgage are a lottery win or someone dying
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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I just don't want to rent, as I'll never save enough for a deposit.
I saw quite a good scheme in the paper. Was a redevelopment in Manchester. You agree to buy with the developer, but for the first 3 years, you pay rent. At the end of this 3 years, they give you the rent back as a deposit, so you just have to arrange a mortgage. Genius idea imho, as they'll get the money sooner or later.
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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quote:
Originally posted by Conway563
quote:
Originally posted by dannymccann
Wondering if any of us will get a mortgage in the next year
At the moment the only chances I have of getting a mortgage are a lottery win or someone dying
But with a lottery win (unless it was 'just' £10k or something) you wouldn't need a mortgage I plan on this happening to me though.
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dannymccann
Member
Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
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Yea ive got some money from when my dad died when I was 2 Its hardly an ideal situation, but its there to add on to my ISA. Not really the way to go about it though is it, needing someone to die before we can afford to buy a bloody place to live
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jungle
Member
Registered: 22nd Nov 07
Location: methilhill,fife
User status: Offline
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quote:
Originally posted by deano87
quote:
Originally posted by jungle
just baught a 2 bedroom'd semi with large garden need's updating majorly £57050.00 waiting on the key's and when i say updating i mean ....new kitchen,bathroom and a general overhall
£50k? Fuck that is cheap by prices around here.
here's a link to what we have just purchased
http://www.bairdonline.co.uk/Images/pdf/8BowhousePlace-Methilhill-15-08-08.pdf
alot of house for the money i'd say
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VegasPhil
Premium Member
Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline
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70-78k in that road 2007/2008 - Nice deal
Corsa 2.0 16v Vegas - Sold
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pow
Premium Member
Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
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I'm not tooo worried about a deposit
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a_j_mair
Member
Registered: 23rd Jan 04
Location: Scotland
User status: Offline
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as ,uch as you can afford
my first cost 89k if i rmember done it up about 5k maybe and rented it out
current house was 102k and have spent about 2 or 3k on it so far
they are both next door to each other
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1_Litre_Porsche_Beater
Member
Registered: 9th Apr 02
Location: Kent
User status: Offline
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i bought mine in March new build £165k 2 bed coachhouse apartment with garage. I've probably lost loads on it but it doesnt bother me as i will never sell it. Not spent anything on it yet as it was brand new, although expecting to spend around 1k decorating march time.
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Ojc
Member
Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
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You are 19 and are contemplating moving out? Are you fucking crazy? You aren't even in your twenties and you want to commit to the single biggest purchase of your life? You would be better off saving your cash for another 5 years and having a massive deposit, especially around our way where everything is ridiculously priced.
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dannymccann
Member
Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
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quote:
Originally posted by Ojc
You are 19 and are contemplating moving out? Are you fucking crazy? You aren't even in your twenties and you want to commit to the single biggest purchase of your life? You would be better off saving your cash for another 5 years and having a massive deposit, especially around our way where everything is ridiculously priced.
Not everyone can live at home until they are 25 
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mattk
Member
Registered: 27th Feb 06
Location: St. Helens
User status: Offline
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quote:
Originally posted by VegasPhil
If they bring the deals back as fast as they pulled them then maybe
Is it still easy to get a mortgage if you have say a 10% - 15% deposit or are they not lending to anyone no matter if you can afford it or not
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Offline
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bought mine for £119000
spent thousands furnishing and decorating it
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