Baskey
Member
Registered: 31st May 06
User status: Offline
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Hallway then
Getting there
Iv got a load of stripping and plastering the front room and bedrooms, quite a few of electrical work I will try and post later
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Graham88
Member
Registered: 16th Apr 07
Location: South East Kent Drives: E46 M3
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Shall have to keep an eye out for something like that, looks good mate
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Fad
Member
Registered: 1st Feb 01
Location: Dartford Kent Drives: 330cd
User status: Offline
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quote:
Originally posted by Fro
Not going to bother with a house as a first place.
Going to remortgage Mum's house to release a deposit from the money i have been inputting into it for me to get a flat.
Will worry about a house once I'm qualified in a few years or settle down.
Dont buy a flat seriously absolute money pits and so many built to poor standards
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AK
Member
Registered: 5th Jul 00
Location: Aberdeen City
User status: Offline
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Thats a bit of a sweeping statement on 'flats' Fad 
Why on earth are flats moneypits?
We havent lost any money on the houses/flats we've owned/bought/sold.
2 bed Flat in Edinburgh, bought in 2003 or 2004 for 140k - sold in 2007 for 175k
2 bed flat in Aberdeen, bought for 280k in 2006 - sold for 325k in 2011 (spent a fair bit so didnt really make much)
2 bed flat in Aberdeen, bought for 40k 2010, sold for 100k 2011. Part owned so not all profit ours.
Just bought a 4 bed house for 500k :/ Needs a fair bit of work and has lots of potential.
If I (we) hadnt bought a flat just around 8years ago I doubt we'd be in the position to buy a house like this.
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drunkenfool
Member
Registered: 7th Feb 03
Location: Hereford Drives: Audi R8 V8
User status: Offline
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I bought a penthouse apartment in town 11 months ago for £146k and it's already valued at £165k without having done anything to it, and I am already renting it out for more than the mortgage payments with capital repayment over 15 years so it's a good investment and the extra money helps towards mortgage on my main house :-)
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Toby
Premium Member
Registered: 29th Nov 05
User status: Offline
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Own my house. Don't live there anymore, renting it out, creaming a nice profit while living back at the rents. I do intents to move before I'm 23 though (not long left) and rent a place in city centre for a few years. Far less hassle if you split up with a bird of your renting so that's my plan for a few years to make sure it's all good. Was a right chew last time!
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Ben J
Member
Registered: 31st Jan 05
Location: Cheshire
User status: Offline
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Own our house. If you count having a mortgage as "owning".
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Twiggy
Member
Registered: 15th Oct 04
User status: Offline
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Rent, it might be dead money but so is the interest on a mortgage... Also if something breaks i dont foot the bill.... Damp issue cost i few grand i here. Also get the grasscut, tree's pruned ect 
Rather rent tbh!
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Corsa_Sport21
Member
Registered: 13th Apr 08
Location: Leven, Fife. Drives : 205 GTi
User status: Offline
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Private let. Can't afford to buy a house.
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