Lynny
Member
Registered: 3rd Jan 03
Location: oop north! Where people talk properly
User status: Offline
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Decided to take the plunge and buying a new, 3 bed house  Right in a town centre so walking distance to shops/pubs etc and 5 mins from where I keep my horses. House I'm getting is the middle one I think:
Wont be ready until next spring unfortuately, but gives me time to save, buy furniture etc. One of these:
http://www.georgewimpey.co.uk/newhomes/North+East/TheGreen/TheButtermere/
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Conway563
Member
Registered: 7th Jun 06
Location: Yate, Bristol
User status: Offline
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 It really is cheap oop north
Congratulations on it
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Dan
Premium Member
Registered: 22nd Apr 02
Location: Gorleston on Sea, Norfolk
User status: Offline
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jesus !! 109k for 3 beds???
Adult GiftsClick here to vist us
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AndyKent
Member
Registered: 3rd Sep 05
User status: Offline
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Jesus. Just been looking through the property paper and for the same here (Bedfordshire) you'd be paying at least £200,000 for a shit hole, £250,000 somewhere decent 
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Lynny
Member
Registered: 3rd Jan 03
Location: oop north! Where people talk properly
User status: Offline
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See, being northern is great! It's a nice estate too. Plus getting it on the governments home buy direct scheme, so only need a morgage for £70k, and no deposit
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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quote:
Originally posted by Alex_NSM
See, being northern is great! It's a nice estate too. Plus getting it on the governments home buy direct scheme, so only need a morgage for £70k, and no deposit
what is this? sounds perfect for me as i only have 10k savings and need to get a property soon.
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Cavey
Member
Registered: 11th Nov 02
Location: Derby
User status: Offline
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HomeBuy Direct - 70-30% Payment scheme.
You get a 70% mortgage, the government, and the housing developers loan you the rest. After 5 years you pay back at 1.25% (think it's about that) for up to 30 yrs, or re-mortgage and get the full 100% of the house value.
Means that you can get better deals on mortgage becuase it's in theory a 70% mortgage.
But the application process is slow, we've been trying to get a response from them for weeks now and it's like pulling teeth.
They apparently recieved our application on the 3rd, they're not looking at it till Monday, and if everything is there to their satisfaction, we should hear by Wed, if not then they have to do a full assessment which could take ages. Only thing is we gave them proof of income (last 3 months wage slips) for when we gave the application to our advisor, at the end of July, it's been a month and a half now, so i'm thinking they might need more recent payslips, which is going to delay us again.
This is after the ifa that we HAD to use supposedly sent our application at the start of August. The guy's a fucking joke, if we didn't HAVE to use his services we definitely wouldn't have done.
Unfortunately Miller Homes told us we had to use their IFA for this scheme. And it's only with 5 or 6 banks iirc.
The most annoying thing is that the house is done and ready for us to move in and get everything going, we've got money for deposits etc. Just need this bloody scheme to be approved and we'll have our own house
[Edited on 13-09-2009 by Cavey]
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Nath
Member
Registered: 3rd Apr 02
Location: MK
User status: Offline
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Bargain
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BlueCorsa
Member
Registered: 14th Jan 04
Location: Midlands Drives: MB SLK250 CDI
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Looks nice, cheap too as said
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M2RTY
Member
Registered: 25th May 01
User status: Offline
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where abouts in concet are they?
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Lynny
Member
Registered: 3rd Jan 03
Location: oop north! Where people talk properly
User status: Offline
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New estate at bottom of front street, behind mcdonalds? Just off the main roundabout
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M2RTY
Member
Registered: 25th May 01
User status: Offline
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i have family on the other side of there, never been out there tho
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mwg
Member
Registered: 19th Feb 04
Location: South Lakes
User status: Offline
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Maybe its cheap in the North East but you certainly dont get stuff like that here 
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Lynny
Member
Registered: 3rd Jan 03
Location: oop north! Where people talk properly
User status: Offline
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Got the mortgage accepted today, £408 per month 
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C2RL R
Member
Registered: 28th Mar 02
Location: Redcliffe, QLD
User status: Offline
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you'd be a fool not to do it. infact i'd try for two and rent the other at that price.
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