The House Thread

[Spammer]

Show us some pics.

Forgot about this: http://www.rightmove.co.uk/property-for-sale/property-47446653.html

New page :cool:

[wullie]

I hope you're keeping the decor as is in the last photo.

[Spammer]

Yeah I'm renting that room out as nothing needs doing to it.

[Raoul Duke]

I see it's got a cellar. No doubt you'll turn that into a Fritzl bunker.

[randomlegend]

Just wondering if anyone knows the answer to this.

Friend has a room rented in a student house in Norwich. He's finished his exams and moved back home for the summer, but as with most student tenancy agreements he's paid for the year so the room is still his for the next few months.

Is there any reason I couldn't move into the room for a few weeks? Is it just a case of getting the landlord's permission?

[Spammer]

Technically it'd be case of asking, yes, as technically your mate would be sub-letting it.

In practice though, so long as the other people in there are cool with it and the landlord isn't likely to turn up and bust you, I'd just do it without saying anything. My old landlord probably wouldn't recognise me if he saw me anyway.

[randomlegend]

Alright thanks. Fingers crossed.

[phonics]

Yea that's subletting which they normally don't allow on student tenancies.

[randomlegend]

Why would they care?

[niko_cee]

It's usually so they can extort some kind of fee. Don't tell anyone.

[phonics]

Why would they care?

If you were offering a house for personal profit would you choose to be paid once or twice?

[randomlegend]

Deleted the post by accident.

Just thought if I were a landlord I wouldn't give a shit who was actually there providing it had been paid for, but yeah I get your point.

[Disco]

As long as the other people living there are good with it I wouldn't tell the landlord.

[randomlegend]

Just don't want him to find out and land my mate in shit.

[Disco]

If it's a student let have they ever met the landlord or is it dealt with through an agency? If it's an agency they're even less likely to know who everyone is.

[Raoul Duke]

If you were offering a house for personal profit would you choose to be paid once or twice?

It's this plus likely related to insurance. If you die/burn the house down etc., would your mate/the landlord be covered?

Still, they probably won't find out, so whatever.

[randomlegend]

Apparently the (Chinese) housemate who is staying there over the summer is a bit of a gimp (the sort who'd be an INFORMER) so going to go through the agency and see if they'll agree to it.

Not sure I hold out much hope but I'll keep you posted on what promises to be a fascinating saga.

[Spammer]

I'm shitting myself with excitement.

[SvN]

I've got a wall that's about 3m x 3.5m and it's covered in woodchip. I want to get the woodchip removed, have the wall skimmed and new wallpaper putting up.

Any idea on a cost? I've contacted about 10 people and only had a single quote so far, so I've no idea whether he's ripping me off or not.

[Spikey M]

Upstairs have left their tap running overnight, it has leaked through our ceiling (dripping from light fitting), there is a long line across from one side to the other and the carpet is fucked.

Has anyone here had anything to do with home/contents insurance? I am assuming upstairs will have to make a claim against theirs as it's their fault, but then the damage is in our gaff so I'm not sure if that makes a difference? Obviously if it was a car it would be on the person at faults insurance, so I'm assuming this works the same way?

[Spikey M]

Lol they rent. 'I'm really sorry mate, I will try to pay some towards it'.

Err, nah mate, I'll call my insurance and they can deal with your landlords insurance company. It's looking like 2 claims as well, the ceiling and electrics on the buildings insurance then the carpet/paint on the contents insurance. FUN

[Magic]

Didn't know caravans could have two decks.

[Giggles]

A different kind of broken home.

[Spikey M]

Didn't know caravans could have two decks.

Have you been PMing Bam for banter advice?

[Spikey M]

A different kind of broken home.

He's stoic now, so it's fine.

[Magic]

I'm trying to relive my teenage years.

[Spammer]

I stuck a punchbag in my cellar a few weeks ago. Was using it a couple of nights ago and the fucking thing fell out. It looks as though I'd drilled to close to the cement in the brick. It was fine for a while but I'm guessing the vibrations weakened the cement and finally it came loose, bringing the whole thing out.

I've found another wall and want to stick a bolt straight through the whole thing and tighten it on both sides. I'm going to buy an SDS drill tonight (I need one anyway). Does anyone know much about this shit? Any advice on how to fasten it all etc? Not sure if anyone's much of a DIY whizz around here but thought I'd ask.

[Foe]

Andy is probably your man.

[Magic]

Imagine Hammer and Boyd having a boxing match. :D

[Spammer]

Imagine Hammer and Boyd having a boxing match. :D

I'd say that you'd piss yourself laughing if you watched us but I know you get too anxious to piss in public.

[John]

Depends where you have the match. In an airport and he'd be too anxious to not piss.

[Boydy]

Why me? What?

I don't want to fight Hammer. I like Hammer.

[Magic]

Super-gay weight title.

[Magic]

Noooooo my bath is pishing water all through the ceiling in the hall. All the decorative work!

[mo]

I feel for you. Our hallway ceiling has been hanging off for months due to various leaks in the bathroom. Thankfully it wasn't freshly decorated.

[Magic]

It wasn't too bad, caught it before it got worse. Needed a new washer (obviously isn't it always that), cost £45.

[Giggles]

€650 a month for one room and your bed is on top of the wardrobe, accessed by a step ladder.

http://www.newstalk.com/AMP/Single-room-with-wardrobe-bed-advertised-on-property-website

https://cdn.radiocms.net/000/images/000257/265244_60_news_hub_multi_630x0.jpg

[phonics]

I've moved. Connection through a family friend on a house that's going to be knocked down in a couple of years for flats. I've taken the bottom floor as the upper tier is just too big for someone that's lived in a studio flat for 5 years. 5 rooms + bedroom/kitchen/en-suite bathroom. I don't have anything to put in it though so I almost feel pressured to buy loads of shite I'll never be able to fit into the next place I can afford.

[phonics]

https://pbs.twimg.com/media/DM4v5MmX0AAHeJL.jpg

A million quid. A MILLION QUID.

[Jimmy Floyd]

I'd pay a million quid to have my bed that close to the oven, tbh.

[phonics]

I'd pay a million quid to have my bed that close to the oven, tbh.

Keep you warm in the winter.

[mo]

I've spent the first week of my Easter holidays building a raised floor in the loft, which has been disgusting to work in but will prove worthwhile (as currently we have one of our three bedrooms unusable due to excess baby stuff/miscellaneous crap/furniture). Cutting a hole in the ceiling on Saturday to put in a new loft hatch and ladder :eek:

https://imgur.com/CTNlZBv

Well there should be a picture here but I don't know what I've done wrong.

[Mike]

You linked to the image page rather than the actual image.

Here you go:
https://i.imgur.com/CTNlZBv.jpg

[phonics]

I used to install insulation in attics as a summer job. Having people shout at me at 4am because they missed their flight to Lisbon felt like heaven in comparison.

[mo]

Thanks Mike!

[SincereTheRebel]

Im looking for a new build one bedroom apartment.

[igor_balis]

I completely understand the sensible, practical reasons for pursuing new builds but i'm really not a fan. I think the vast majority of it is the cheap looking identikit-bricks. Something about the gaudy shininess of them makes me imagine all the houses are full of nasty ornaments saying LIVE LAUGH LOVE. And bad photos "professionally shot" in shopping centres with frames that say family on them, in case you couldn't figure it out.

[Boydy]

:D

You're such a snob.

[Giggles]

I just hate them because you've no shed and pain in the bollix parking.

[igor_balis]

:D

You're such a snob.

Sorry mate, I should have been more tactful after you showed me your "FAMILY IS EVERYTHING, HATE TIME WASTERS" tinder bio. You do you, brother.

[Boydy]

Sorry mate, I should have been more tactful after you showed me your "FAMILY IS EVERYTHING, HATE TIME WASTERS" tinder bio. You do you, brother.

I showed you that in confidence!

[Magic]

I completely understand the sensible, practical reasons for pursuing new builds but i'm really not a fan. I think the vast majority of it is the cheap looking identikit-bricks. Something about the gaudy shininess of them makes me imagine all the houses are full of nasty ornaments saying LIVE LAUGH LOVE. And bad photos "professionally shot" in shopping centres with frames that say family on them, in case you couldn't figure it out.

I 1000000% concur. BORING.

[Lewis]

Igor's house would be full of shite him and his mad mates found in skips or pinched on nights out, and then he'd spend all night trying to get you to open the fridge because they keep a mannequin head in it.

[igor_balis]

Igor's house would be full of shite him and his mad mates found in skips or pinched on nights out, and then he'd spend all night trying to get you to open the fridge because they keep a mannequin head in it.

:D

Yeah, obviously very accurate for when I was about 21, but I'm too busy sneering to be as wacky and random these days. Besides, I don't need to fill my mother's house with cliched esoteric tat when I can just bore my mates to tears by making them watch weird youtube videos instead.

[Lewis]

When I briefly made an effort with the post-graduate society in Norwich the greebo lad was obsessed with 'pranks'. He seemed to have quite a high turnover of housemates as well weirdly enough.

[igor_balis]

What kind of pranks? Me and one of my mates got quite into doing pranks over skype for a while (you could pay about a fiver for a month and get unlimited calls to British and American landlines and mobiles). The best was when we phoned up Durham student radio, I put on a gruff cockney accent and played the "dodgy celebrity agent", and told them I had Louis T (documentary man) on the line ready for his interview. Despite the fact that obviously Mr Theroux wouldn't be going on student radio for an interview, and the fact that they obviously hadn't been expecting it, as I progressively got more gruff and exasperated they started to buy it.

My mate took over, with his really quite bad L.T. impression, and they proceeded to spend about 2 hours talking to him. My mate got bored about an hour in, and started to deliberately say weird shit and amped up his accent to increasingly cartoonish levels, but we found one of the poor dickhead presenters had sent a gushing tweet to Louis thanking him for the experience afterwards.

Oh, and the time we phoned up Lance Storm's cellphone and pitched a tag team with an investigative journalist gimmick based on woodward and bernstein.

I hate myself.

[Magic]

Edgy.

[Lewis]

It was all high-level stuff like putting grease/polish on door knobs and tampering with condiments. He also used to like telling people about his coffee addiction. His coffee problem. He couldn't go without it. Is that why your teeth are so disgu... He just loved it mate. Twenty cups a day at least.

[igor_balis]

Jesus. I want to say how much of a fucking freak that guy is, but we phoned up the Sun's newsdesk in the run up to the 2015 general election and spent 10 minutes bigging up our "major scoop which could totally destroy Labour's campaign", then finally revealed that our sources had informed us that "Ken Livingstone is an asylum seeker", so he's almost certainly operating on a higher level than we did.

[Boydy]

Jesus. I want to say how much of a fucking freak that guy is, but we phoned up the Sun's newsdesk in the run up to the 2015 general election and spent 10 minutes bigging up our "major scoop which could totally destroy Labour's campaign", then finally revealed that our sources had informed us that "Ken Livingstone is an asylum seeker", so he's almost certainly operating on a higher level than we did.
:D

ahaha

[Giggles]

Zany.

[Spikey M]

I completely understand the sensible, practical reasons for pursuing new builds but i'm really not a fan. I think the vast majority of it is the cheap looking identikit-bricks. Something about the gaudy shininess of them makes me imagine all the houses are full of nasty ornaments saying LIVE LAUGH LOVE. And bad photos "professionally shot" in shopping centres with frames that say family on them, in case you couldn't figure it out.

You’ve been round my Sister in Laws :D

[Baz]

I've a question about paint:

Got a tub of Valspar V700 (https://www.valsparpaint.co.uk/products/walls-ceilings/premium-blend-v700-walls-ceilings/) to paint a very light grey onto a wall. The wall is currently white. Two coats should do nicely.

In the same room the radiator pipes have been boxed in with plywood. I want to paint this wood the same colour as the wall. If I get the wood equivalent (https://www.valsparpaint.co.uk/products/interior-wood-metal/premium-blend-v700-wood-metal/) of the paint in the same light grey colour, will it be the same colour as the wall after the usual two coats? Or will it need a trillion coats? Or must I paint it white first?

[Boydy]

Help to buy ISA
First-time buyers will be able to open a Help to Buy ISA to save towards a deposit. If you save in this type of account, you could be entitled to a tax-free bonus payment from government when you buy a home. The maximum bonus paid for each account is £3000 and you can only open one account.

If you have a partner, your partner can open his or her own account and will also be entitled to the bonus payment, meaning that a couple could get a bonus payment of £6000 to put towards the cost of their first home. The bonus will be paid once the sale completes, so while the bonus payment can be used to clear some of the money you owe on the property, it cannot be used to boost your deposit.

That's a bit stupid, no?

[SvN]

Solicitors get around that, you just need to disclose it up front.

[Andy]

I've a question about paint:

Got a tub of Valspar V700 (https://www.valsparpaint.co.uk/products/walls-ceilings/premium-blend-v700-walls-ceilings/) to paint a very light grey onto a wall. The wall is currently white. Two coats should do nicely.

In the same room the radiator pipes have been boxed in with plywood. I want to paint this wood the same colour as the wall. If I get the wood equivalent (https://www.valsparpaint.co.uk/products/interior-wood-metal/premium-blend-v700-wood-metal/) of the paint in the same light grey colour, will it be the same colour as the wall after the usual two coats? Or will it need a trillion coats? Or must I paint it white first?

Just use the emulsion you've got for the wall it will be fine.

[Baz]

Just use the emulsion you've got for the wall it will be fine.
I did exactly that and it looks fine. :thbup:

[Jimmy Floyd]

Anyone have much experience with / knowledge of shared ownership? It seems from my research to be the only way I can avoid pouring my money into a rent bonfire forever, as on my salary a full mortgage in the south east is basically unattainable.

[SvN]

I know someone who did it, and they said it was a total disaster, and would never do it again. Their house lost value after they bought it, but they were responsible for 100% of the losses. Let's say the house is bought for £200k, but only sells a few years later for £190k.

They only received £90k, while the co-owner got their £100k back. So despite the house losing 5% of its value, they lost 10% of their investment (plus all the bullshit fees on top).

[SvN]

The proper answer, in my opinion, is to move to a cheaper area if you really can't afford to buy.

[Jimmy Floyd]

I have some money for a deposit, but even for a 1 bed flat here (or anywhere that does not involve completely uprooting my life including job) I'm looking at minimum 250,000, and I'm not getting a full mortgage for that without doubling my salary.

Also bear in mind that I'm unlikely to have children/a family so will probably actually live in it a long time rather than needing to upscale, and I did wonder if it might be the best of the universally terrible options available.

[Boydy]

There's apparently a load of stringent conditions on those too where you could very easily lose the whole property. They sound like a bit of a scam.

[SvN]

You can get those help to buy mortgages where you essentially borrow 30% of the value and have to pay it back in a few years. One of my friends did that to buy a house worth about £190k and his financial position isn't amazing.

[niko_cee]

30%?

[SvN]

Sorry, it was 20%. Buy within London you can get up to 40%.

[Pen]

In the socialist utopia that is Finland, the government backs your loan up to 180k. You need to have 10% of the value yourself though. The banks will give you the rest. Total interest is a 0,65 at the moment as well. So yeah, maybe move here.

[Spikey M]

Brexit has fucked Jimmy's one chance.

[phonics]

In Geneva, the shortest mortgage is 100 years. Unless you’re absolutely loaded, you will never own a home. Completely unrelatedly, it means the banks can list your house as assets on their books.

[Jimmy Floyd]

Lol, I have £50,000 in deposit but I might as well spend the lot on cheese for all the use it is.

[Giggles]

Buy a house with me, I'm in the same boat.

[Spikey M]

Weren't houses about 90p in Ireland after the arse fell out of the market?

[Giggles]

Weren't houses about 90p in Ireland after the arse fell out of the market?

Yep but you couldn't get a loan for one for any money. Before that they were huge prices but if you went in looking 300 grand they'd just ask are you sure you don't want 400.

Now they're expensive but can't get a loan either so it's the worst of both scenarios.

[Spikey M]

A more extreme version of here then really. Or you're basically all London.

[Foe]

Lol, I have £50,000 in deposit but I might as well spend the lot on cheese for all the use it is.

That's seriously good going to be fair. Is that purely down to living at home? If you were to move out and rent would you still be able to save, all be it much slower?

Sounds like you're in a good place financially none the less. :thbup:

Alternatively move to hull, or Teeside and buy a mansion.

[Jimmy Floyd]

That isn't a good place financially down here, unless, as I say, you want to spend it all on cheese. It just means that if my car breaks down I can fix it without worrying, and that sort of thing. If I moved out and rented somewhere that wasn't a dive (I'm 30, I've done the student bit) then at best I could save a couple of hundred a month, maybe even double figures or a loss in a lot of months. I could carry on living at home until I'm 40 and then be in a very good position to buy, but who wants to do that?

The answer is to double my earnings, but that obviously takes time.

[Foe]

For what it's worth my long term financial plan is to win the euromillions.

I've been very fortunate in my salary rising c 65% since I started in sept 2012, but that's just the industry I'm in.

Suppose it's a balance between independence (renting) with financial freedom but little hope of owning, vs independence too late in life.

You got any mortgage advisor mates? Are "new build" developments a thing down there? Up here they're huge and that's the step a lot of folk jump in.

Sounds like a tough situation. Team excel pro/con listing is required.

EDIT: I'll take a PS4 though, given you're flush.

[Jimmy Floyd]

It doesn't really help that my parents (being arch-boomers) are fixated on the idea that I must buy asap and don't shut up about it, which makes me want to rent asap so I don't have to listen to their bullshit anymore.

It's all in stocks and shares ISAs anyway so I can't get at it without faffing, your PS4 will have to wait.

[Foe]

My parents are the same. They're pestering me to buy a house.

I pointed out the fucking enormous stamp duty id have to pay, and huge interest rate I'd be on and they simmered down a bit.

I'd love to have been in the age where you could buy your house in cash like my grandparents did, or have a mortgage that wasn't financial suicide like my parents. Our generation is up against the wall.

[Jimmy Floyd]

My parents got on the ladder buying a house in north London for £50,000 in 1982. That's £182,500 in today's money. I've just looked at the same area now and a 2 bed house is around 550-600.

Being, ahem, single doesn't really help either.

[Lewis]

Your four million pound house has what then fifteen bedrooms?

[Lewis]

My parents bought their first house in 1981 for about a fiver, but, bearing in mind that they could only borrow not a lot, and that they were then paying seventeen per cent interest on it, over the potential lifetime of the loan it would actually cost more than buying now. The HOUSING CRISIS is only really in about four cities, albeit the ones with the jobs and that in.

[igor_balis]

Lol, I have £50,000 in deposit but I might as well spend the lot on cheese for all the use it is.

Feel free to refuse to answer such a gauche question, but how much do you earn a year, roughly?

[Andy]

My mortgage is £562 for a three bed house, was paying £700 rent for a one bed flat. We looked into shared ownership for a while but as we didn't have kids and our earnings were higher than the average people looking at shared ownership we were told it was extremely unlikely.

[igor_balis]

My mum and dad bought our quite nice but quite pokey 3 bed terrace for £47k in 1997, and it's now worth roughly 200k.

Bit shit for my mum that because my useless dad fucked off/went to prison she's had to pay the mortgage single-handedly since 1998, especially as she's had to drag me up and was earning less than 13k/year until about 2013 (and no more than 20k ever). However, she finished paying it off about 6 months ago and now owns it outright. What a legend.

[Foe]

Being mortgage free and owning your home will be such a good feeling.

If I went balls deep in over payments I reckon I could have this flat paid off by 2021 or early 2022 but that would require selling some shares and dumping all my savings into it as I go. Not happening.

This flat has been financial suicide though, it's lost so much value because of the oil crisis a few years ago.

Houses and flats in London scare the hell out of me. The market seems to fluctuate wildly. You could conceivably either make an enormous profit or end up in huge negative equity over the period of a couple of years.

[Jimmy Floyd]

Feel free to refuse to answer such a gauche question, but how much do you earn a year, roughly?

27 now. I reckon I need 40+ to afford a mortgage here as a single person.

[igor_balis]

27 now. I reckon I need 40+ to afford a mortgage here as a single person.

Eeesh. Yeah. I have a mate in quite similar circumstances to you Jim - he's 30, single, earns slightly MORE than you, and has only just been able to afford to get a mortgage here. 135k for his place, which is like my mum's pokey but nice 3 bed terrace, except pokier and less nice.

[Jimmy Floyd]

I could just about do it for 135k I think (hence why the shared ownership option seems attractive). The cheapest dive one bed flats here are about 230-250k, and you're looking 280-300 for the new build one bed flats that spring up ten a penny and they clearly slightly struggle to offload. House, lol, dream on.

My mate (married 1 kid) recently bought a 2 bed run down old disaster of a house which had had the same tramp living in it since 1972 and had woodchip and rising damp everywhere, and I think that cost him about £380,000.

[Boydy]

I've started paying more attention to house prices and mortgages and having a look around at what I could afford in Belfast. I could afford mortgage payments grand (and should be in an even better position to do so later in the year when I either get promoted and a pay rise or go elsewhere for more money) but what fucks me over is not having a deposit. Don't even need that much of a deposit here but I'm not great at saving and it's gonna take a while.

Also don't know if I really want to commit to staying in Belfast. Still think about returning to London quite often but that's probably not a financially sensible idea.

[Andy]

I could just about do it for 135k I think (hence why the shared ownership option seems attractive). The cheapest dive one bed flats here are about 230-250k, and you're looking 280-300 for the new build one bed flats that spring up ten a penny and they clearly slightly struggle to offload. House, lol, dream on.

My mate (married 1 kid) recently bought a 2 bed run down old disaster of a house which had had the same tramp living in it since 1972 and had woodchip and rising damp everywhere, and I think that cost him about £380,000.

Go to a help to buy show and speak to one of the specialist h2b mortgage advisors. There are loads of options and with your deposit you should hopefully find somewhere.

When I was looking at shared ownership a 300k place was coming out at just under £1000 p/m with a 20k deposit.

If your rent/mortgage was low enough that you could still save a considerable amount then you'd know eventually you'd be able to own it outright.

[Foe]

I've started paying more attention to house prices and mortgages and having a look around at what I could afford in Belfast. I could afford mortgage payments grand (and should be in an even better position to do so later in the year when I either get promoted and a pay rise or go elsewhere for more money) but what fucks me over is not having a deposit. Don't even need that much of a deposit here but I'm not great at saving and it's gonna take a while.

Also don't know if I really want to commit to staying in Belfast. Still think about returning to London quite often but that's probably not a financially sensible idea.

One of my pals is adamant we should be buying property in Belfast or Dundee as an investment because they'll expand in the future. So either you or MJ/waff can verify that.

What's the house prices in Belfast typically boydy? 1 bed flat vs 2 bed flat?

[Boydy]

Not really been paying that much attention to apartments as I wouldn't really want one. Inner city terraced houses could be about 100k, a bit further out and you could have a nice three bed semi for about 150k and you could have an absolute mansion for 300k+. Those are in reasonably nice areas but not the most expensive ones. There's worse places that'd be cheaper and nicer places that are way more expensive.

My advice to you, if you're thinking of buying as an investment though would be: fuck off.

[Foe]

You'd get a nice TTH discount on rent.

[Lewis]

My uncle has somehow acquired seven buy-to-let houses in Hull, having never spent more than seventy grand on any of them, and he reckons that when they are paid off in eight years they will provide him with an income of four grand a month. Now, he never said whether that was before or after all the costs associated with having them, but that is still pretty decent for basically doing fuck all. It can't actually be that simple can it? Why isn't everybody with some spare cash doing it?

[Foe]

There's a whole lot of risk with it.

It's also being basically wiped out in Scotland as an opportunity. Second property stamp duty is horrific and they are changing the rules such that rental income (all of it) is taxable. So it'll be really difficult, for the most part, to make profit when covering a mortgage.

[Boydy]

Good.

[phonics]

My uncle has somehow acquired seven buy-to-let houses in Hull, having never spent more than seventy grand on any of them, and he reckons that when they are paid off in eight years they will provide him with an income of four grand a month. Now, he never said whether that was before or after all the costs associated with having them, but that is still pretty decent for basically doing fuck all. It can't actually be that simple can it? Why isn't everybody with some spare cash doing it?

They are. Most people don't have spare cash. It's a rich gets richer policy.

[Spikey M]

My uncle has somehow acquired seven buy-to-let houses in Hull, having never spent more than seventy grand on any of them, and he reckons that when they are paid off in eight years they will provide him with an income of four grand a month. Now, he never said whether that was before or after all the costs associated with having them, but that is still pretty decent for basically doing fuck all. It can't actually be that simple can it? Why isn't everybody with some spare cash doing it?

Most rich people are doing it. It's a large part of why houses are so expensive. Jimmy might be able to buy a house if your uncle only had 1/China hadn't bought the entirety of the South East.

[Spikey M]

There's a whole lot of risk with it.

It's also being basically wiped out in Scotland as an opportunity. Second property stamp duty is horrific and they are changing the rules such that rental income (all of it) is taxable. So it'll be really difficult, for the most part, to make profit when covering a mortgage.

Have they capped rent prices, because I think I can see the loophole there.

[Lewis]

He is hardly 'rich'. He works in a prison. They are all just secured against each other, and probably began with less than twenty grand.

[phonics]

He is hardly 'rich'. He works in a prison. They are all just secured against each other, and probably began with less than twenty grand.

A basic prison officer earns 27k a year at entry level in their first year. The average salary for the UK is less than that and your uncle lives in Hull. He's at the very least 'well off'

[Lewis]

It still seems odd that a mini property empire is within reach for anybody doing half-alright then, since his three twat kids presumably eat into his above average prison wage.

[Boydy]

You need at least a 25% deposit for a buy to let mortgage.

[Lewis]

He must secretly be ballin' then.

[Foe]

Have they capped rent prices, because I think I can see the loophole there.

Nah, not as far as I'm aware but it's all supply and demand. There's absolutely loads of vacant properties up here at the moment. So if you wanted to buy a bunch and set the rent massive, nobody will take it.

Unfortunately I bought in a bubble and that bubble has burst a bit.

Be interesting down in Glasgow or Edinburgh though, where I think the demand is eating into the supply.

[phonics]

I could just about do it for 135k I think (hence why the shared ownership option seems attractive). The cheapest dive one bed flats here are about 230-250k, and you're looking 280-300 for the new build one bed flats that spring up ten a penny and they clearly slightly struggle to offload. House, lol, dream on.

My mate (married 1 kid) recently bought a 2 bed run down old disaster of a house which had had the same tramp living in it since 1972 and had woodchip and rising damp everywhere, and I think that cost him about £380,000.

Lloyds are offering a 100% mortgage if you'd like some debt.

https://www.theguardian.com/money/2019/jan/28/lloyds-unveils-100-mortgage-for-first-time-buyers?utm_term=Autofeed&CMP=twt_b-gdnnews&utm_medium=Social&utm_source=Twitter#Echobox=1548658752

[SvN]

That wouldn't help him at all. He's got 50k saved for a deposit - it's the fact that lenders won't give him a mortgage big enough to buy anything.

[phonics]

That wouldn't help him at all. He's got 50k saved for a deposit - it's the fact that lenders won't give him a mortgage big enough to buy anything.

I'm bad at math but a 5% deposit as described in the article would be enough for a million pound house, no? I know he's posh but I think a million should be just about enough for a single childless man?

My parents sold their 3 bedroom house in roundabout the same area as Jim for 2-300k in like 2008. I presume the market hasn't tripled since then?

[Jimmy Floyd]

Ok, so let's say I'm buying a million pound house and put up my princely 50,000 deposit, I then need someone to lend me 950,000 to pay for the rest. Who is going to do that? If you know anyone do let me know.

[Baz]

Come and live in St. Helens.

My mortgage is under £400 a month.

[SvN]

I'm bad at math but a 5% deposit as described in the article would be enough for a million pound house, no? I know he's posh but I think a million should be just about enough for a single childless man?

My parents sold their 3 bedroom house in roundabout the same area as Jim for 2-300k in like 2008. I presume the market hasn't tripled since then?

I assume you've never applied for a mortgage, or know anyone who ever has.

[phonics]

Ok, so let's say I'm buying a million pound house and put up my princely 50,000 deposit, I then need someone to lend me 950,000 to pay for the rest. Who is going to do that? If you know anyone do let me know.

So you can't find a place for less than 350k?

[Jimmy Floyd]

So you can't find a place for less than 350k?

I can find places for 250-300, but on my salary I won't get a loan bigger than about 100k.

[phonics]

I can find places for 250-300, but on my salary I won't get a loan bigger than about 100k.

Y'all need some of our 100 year asset theft loans.

[Lewis]

Move an hour away and become one of them absolute cunts who you get on the news whining about their train ticket going up.

[phonics]

I can find places for 250-300, but on my salary I won't get a loan bigger than about 100k.

I just did the math on a 1 million quid house with said deposit (without interest), you'd be paying less than I do in rent. Surely you're not on less than half what I am?

[Demerit]

I just did the math on a 1 million quid house with said deposit (without interest), you'd be paying less than I do in rent. Surely you're not on less than half what I am?

To get a £950,000 mortgage, you would have to be earning circa £200,000 a year as a salary.

Banks will lend you on average 4.5 x your annual income. 5 If you're lucky and have a good loan to value ratio. It's even worse when you're self employed as they'll give you 4.5x your net income rather than gross.

It's not about servicing the debt, it's about being given it in the first place.

I'm in a similar situation where I have a £60,000 deposit but can only get a mortgage of £270,000 which combined gives me a one bedroom/studio flat in my area..

[SvN]

If you're on your own, you're fucked basically - unless you live "up north" where you can get a mansion for a few hundred quid.

[phonics]

To get a £950,000 mortgage, you would have to be earning circa £200,000 a year as a salary.

Banks will lend you on average 4.5 x your annual income. 5 If you're lucky and have a good loan to value ratio. It's even worse when you're self employed as they'll give you 4.5x your net income rather than gross.

It's not about servicing the debt, it's about being given it in the first place.

I'm in a similar situation where I have a £60,000 deposit but can only get a mortgage of £270,000 which combined gives me a one bedroom/studio flat in my area..

But I mean the one above seems to be offering 500k mortgages with zero deposit. I'm asking this more out of interest, as I'm never going to be in the position of owning one until my parents die off and one side of the family seems to last into their late 90s so that'll be when I'm about 70.

[SvN]

Up to £500k. The appeal with that link is the lack of deposit, not the amount they're willing to lend you.

[phonics]

Up to £500k. The appeal with that link is the lack of deposit, not the amount they're willing to lend you.

But surely if you're coming to them with 20% of 250k that Jimmy is looking for, they can work something out? If someone who's liquid without a bad credit rating can't sort this out, can we just bankrupt these people next time and get prices down to something they will lend him money for?

[SvN]

It's just not that simple. Banks won't lend someone more than they think they can afford to pay back in a reasonable time frame.

[John]

But I mean the one above seems to be offering 500k mortgages with zero deposit. I'm asking this more out of interest, as I'm never going to be in the position of owning one until my parents die off and one side of the family seems to last into their late 90s so that'll be when I'm about 70.

They'll give you that if you're earning enough to justify it. If you're earning enough to justify a hundred grand, that's what you'll get. It isn't a blanket offer, they're not giving half a million mortgages to anyone who applies.

[phonics]

I'm offering solutions while everyone else seems to be saying, "Eat the rich." and I'm glad we've reached consensus on a plan of action.

Kiko and Jim probably live in the poshest urban/suburban neighbourhoods so if they could start just ISIS stabbing anyone that makes over 60k a year it should get the campaign off to a flyer.

[SvN]

Jimmy's only real option is to buy a house with someone else or move. But places within an hour of London are dramatically increasing in price too. A friend of mine made a 40% profit on his house in Winchester in 4 years.

[phonics]

Jimmy's only real option is to buy a house with someone else or move. But places within an hour of London are dramatically increasing in price too. A friend of mine made a 40% profit on his house in Winchester in 4 years.

See Jimmy, would you rather live with another human being you'll grow to hate or join Jez's Red Army? At least you already know you hate them.

[Spikey M]

I'm offering solutions while everyone else seems to be saying, "Eat the rich." and I'm glad we've reached consensus on a plan of action.

Kiko and Jim probably live in the poshest urban/suburban neighbourhoods so if they could start just ISIS stabbing anyone that makes over 60k a year it should get the campaign off to a flyer.

Kiko lives in a shanty town.

[Lewis]

Jimmy's only real option is to buy a house with someone else or move. But places within an hour of London are dramatically increasing in price too. A friend of mine made a 40% profit on his house in Winchester in 4 years.

The day they get the train to Norwich under ninety minutes their house values will skyrocket.

[Magic]

Will be posting in this thread in a few months boys. Sept seemed like an age away yet here we are, almost in Feb. :drool:

[Giggles]

I'm bad at math but a 5% deposit as described in the article would be enough for a million pound house, no? I know he's posh but I think a million should be just about enough for a single childless man?

My parents sold their 3 bedroom house in roundabout the same area as Jim for 2-300k in like 2008. I presume the market hasn't tripled since then?

Not sure what it's like over there but I presume there's something similar in place to here that you can only borrow 3 x your annual salary (basic, before things like shift allowances, company cars, etc). The main difference here is that you won't be entertained at all without having 20% up front though.

[Demerit]

I'm offering solutions while everyone else seems to be saying, "Eat the rich." and I'm glad we've reached consensus on a plan of action.

Kiko and Jim probably live in the poshest urban/suburban neighbourhoods so if they could start just ISIS stabbing anyone that makes over 60k a year it should get the campaign off to a flyer.

It's not a solution though, because lenders criteria is strict.

It's a blanket rule, 4.5x your income. If you don't earn enough they just won't let you the money its as simple as that.

[SvN]

Nah mate, he should just INSIST they lend him the money. What are they gonna do, say no?

[phonics]

Sounds like the only option available is to eat the rich.

[Jimmy Floyd]

I've just sent off a mortgage application on a 50% share. No real idea whether I'll get it.

I hope I do, though, as I would rather walk through a field of glass shards than fill out another mortgage application.

[Spikey M]

Get a mortgage advisor Jimmy. Ours was £600 (I think) but we only had to pay upon completion and he made it so much easier and ended up saving us money. He had an excel spreadsheet he could stick all of our details in that told him who was the cheapest, who would give us the most and our %age chance of being accepted. He then ran through the mortgage side of things for us right the way through.

In other news, we had some decking put down at the back of our garden yesterday. I'm going to have a little barbecue area. :cool:

I've also stuck a shit tonne of grass seed down because it's like a bog out there. Any bird going near them will put the lotion in the basket and get the fuck out of my garden or it gets the hose again.

[SvN]

We've decided to look to move by November. We've got a few valuations booked at our current house - we're hoping we can get £280k, but £270k would be fine. Anything below that would make things difficult.

[mo]

Anyone ever laid concrete slabs (or wet concrete?) for a shed foundation? My shed is on the verge of collapse and I’m pretty sure that when it goes I’ll find a mass of uneven stone under it, and if I’m going to go to the expense of putting up a new shed I want to get the foundation right first.

[niko_cee]

Sound the Andy alarm.

Although, you know, do you really want to be laying concrete in the light of recent allegations?

[mo]

Sound the Andy alarm.

Although, you know, do you really want to be laying concrete in the light of recent allegations?

To be fair, anyone laying concrete in the West Country immediately conjours up the image of Fred and Rose. So there’s never a good time per se.

[Baz]

Found this website (https://www.colorhexa.com/bee0cb) for help with colour schemes. :happycry:

What does everyone think of that green btw? Does it remind anyone else of pubs?

[Spikey M]

I just clicked on a Baz link. Fuck sake. RSVP in peices.

[Baz]

I just clicked on a Baz link. Fuck sake. RSVP in peices.
What did you think?

[Spikey M]

It didn't remind me of a pub, but the colour is ok. Not sure I'd use it, but I'm not repulsed by it.

[Baz]

No I meant using Microsoft Edge on a Dell Inspiron with 1.4 GHz 4415U Processor and 4GB DDR4 RAM.

[Spikey M]

U wot m8

[Baz]

Got ur deets, init

[Andy]

Anyone ever laid concrete slabs (or wet concrete?) for a shed foundation? My shed is on the verge of collapse and I’m pretty sure that when it goes I’ll find a mass of uneven stone under it, and if I’m going to go to the expense of putting up a new shed I want to get the foundation right first.

Doesn't need to be slabs, just mix up some concrete and lay that, loads easier and cheaper.

[mo]

Doesn't need to be slabs, just mix up some concrete and lay that, loads easier and cheaper.

Thank you, that was exactly the sort of insight I was looking for (this sounds sarcastic, but promise it's sincere) - I haven't got the foggiest on any of this. Could I mix and lay concrete as an amatuer DIYer? Or am I better off paying someone to do it?

[Magic]

House going on t'market next month.

I've got my heart set on a top floor apartment with views and a balcony.

[SvN]

How much are you listing it for?

[Boydy]

Where's the ex going?

[Lewis]

Top floor apartment with views and a balcony.

[Magic]

How much are you listing it for?

I don't know, offers over 190k would be a good starting point, but the value is dictated by the surveyors.

[Magic]

Where's the ex going?

No idea, can't control that so no point in getting het up about it. I probably won't like the end result but I can't let it get me down. Regardless, she stays at the same school.

[Spikey M]

House going on t'market next month.

I've got my heart set on a top floor apartment with views and a balcony.

Does a view of Dundee knock the price down?

[Shindig]

Depends if it shows you the way out.

[Foe]

House going on t'market next month.

I've got my heart set on a top floor apartment with views and a balcony.

Good luck.

Renting or buying?

[Magic]

Does a view of Dundee knock the price down?

Its a view of the river and Fife, south facing.

[Magic]

Good luck.

Renting or buying?

Buying defo. Can't be arsed renting. I need to add at least £300 a month as well for the maintenence.

[Foe]

Just means your pay fees buying if you then find someone else and want a house in the future.

are you planning getting a tennant to make up that £300?

[Magic]

Just means your pay fees buying if you then find someone else and want a house in the future.

are you planning getting a tennant to make up that £300?

Honestly mate that's way, way down the line.

No, 2nd bedroom will be Amber's. I'll just have to get selling. :)

[bruhnaldo]

I can make a reasonable down payment of twenty American dollars ($20.00)

[SvN]

Our house has been on the market a week. Already fed up of viewings, but needs must. We had one offer that was lower than what we paid for it 2 years ago. The estate agent said the guy had done the same (made insultingly low offers) on 3 other properties within the last month and they're going to blacklist him :D.

In no major rush, but would like to get it sold within a month or so.

[phonics]

I'll take it off your hands for a fiver.

[SincereTheRebel]

Leather or fabric sofas?

[Mike]

Leather are easier to clean, but I much prefer fabric.

[Spikey M]

Fabric. Leather is too cold in the winter and you get stuck to it in the summer.

[SincereTheRebel]

I heard about cold and sticky learther, but ive never had that problem before. Room temperature is probably the most likely cause?

[SvN]

Definitely fabric

[Andy]

Our house has been on the market a week. Already fed up of viewings, but needs must. We had one offer that was lower than what we paid for it 2 years ago. The estate agent said the guy had done the same (made insultingly low offers) on 3 other properties within the last month and they're going to blacklist him :D.

In no major rush, but would like to get it sold within a month or so.

Some people are such snide fucks when it comes to houses. I am hoping to move again in 4 years and hopefully that will us for the long haul, I cant be dealing with all agro too many times.

Are you moving away from Southampton?

[SvN]

Some people are such snide fucks when it comes to houses. I am hoping to move again in 4 years and hopefully that will us for the long haul, I cant be dealing with all agro too many times.

Are you moving away from Southampton?

Yeah, I'm moving back to the Midlands to be closer to work. It's a shame because I quite like the house and we've only been there 2 years - like you, I'm hoping the next house will be it for at least 7-8 years.

[Magic]

Home Report being done on Tuesday, once we get valuation we can get an estate agent to market it and move on with our lives. Be fucking heartbreaking.

[Giggles]

This sounds hideous.

https://www.breakingnews.ie/ireland/dublin-co-living-apartment-building-would-see-42-share-a-kitchen-922939.html

[Jimmy Floyd]

If it was cheap digs then fine, but 1300 a month? Who would pay that?

[Giggles]

If it was cheap digs then fine, but 1300 a month? Who would pay that?

The way things are here they'll all be gone within an hour.

[Spikey M]

https://www.echo-news.co.uk/news/14491689.rogue-southend-landlord-robert-crow-charged-39000-after-tenants-found-living-in-appalling-and-inhumane-conditions/

I've left now, so fuck them, but in my last job I had to listen to this utter cunt sound off about how hard done by he was and how he was doing poor people a favour at great personal cost on more than one occasion.

[Boydy]

Landlords are the fucking worst. They should all be strung up.

1126400729512587264

[Magic]

House got valued at 200k, up from 180k 5 years ago.

Estate agents coming round tomorrow to discuss getting it to market ASAP.

[SvN]

That seems like a crap increase. Is that normal for the area?

We paid £250k 2 years ago and we're marketing it at £280k. We're expecting to get £270k.

[phonics]

Yeah but people want to live in Southampton, not Dundee.

[Magic]

Yeah but people want to live in Southampton, not Dundee.

Exactly. I was told by the surveyor it'll go for over that, so if we get 210k I'll be happy.

Gives me around 30k for the next deposit plus whatever I can save between now and Sept (3k so far).

[SincereTheRebel]

Is it worth rejecting an aprtment that has loft space, that isnt for your use. But is there purely for "maintenance"?

[Raoul Duke]

Is it worth rejecting an aprtment that has loft space, that isnt for your use. But is there purely for "maintenance"?

It depends on whether you need the space or not. If you're renting then it's kinda tough shit: the landlord's rules apply.

[SincereTheRebel]

It depends on whether you need the space or not. If you're renting then it's kinda tough shit: the landlord's rules apply.

Buying, not renting.

[niko_cee]

Do you need to provide access to it? Sounds a bit odd. I can sort of understand the idea of it not being part of whatever it is you legally buy (bit like balconies sometimes fall within the freehold and not the leasehold), but if someone else is going to be needing access to it through your flat that sounds a bit dodge.

[mo]

Hear about these new builds where the loft can't be used for much other than storing Christmas decs. Fuck that, I'd be buggered without the loft space.

[SincereTheRebel]

Do you need to provide access to it? Sounds a bit odd. I can sort of understand the idea of it not being part of whatever it is you legally buy (bit like balconies sometimes fall within the freehold and not the leasehold), but if someone else is going to be needing access to it through your flat that sounds a bit dodge.

Sounds like i do need to give permission for work access. Sounds well weird.

[Boydy]

Been starting to look at mortgages. Fuck me, what a confusing world.

[SvN]

We had an appointment to get a Decision in Principle for when we move this weekend. The formula they use to determine how much you can afford to borrow is all over the place. Reducing our childcare costs by £150 per month meant they'd lend us an extra £50k. How does that compute?

[Pepe]

£150*12*length of mortgage? Add the interest and it probably amounts to ~£50k

[SvN]

That assumes we're going to have static childcare costs for the next 35 years.

[Pepe]

That's all they have to go on, no? Also, aren't childcare costs front-heavy? I don't know, never had a child.

[SvN]

True, but it seems odd to extrapolate childcare costs (which have their own section in the application, so it's not just a generic "outgoing") to the full length of the mortgage, if that's the case.

Either way, we got the number we wanted after fudging the numbers a bit - which the woman at Nationwide actually told us to do, in not as many words.

[SincereTheRebel]

Children seem to cause so much headache.

[neo_hippy]

If your looking at a fixed deal then they expect that you will remortgage at the of the fixed term. Those calculations are really just to show you can pay the monthly repayments over the next few years.

[Boydy]

I was looking at first time buyer ones that have an introductory rate of about 2%. The payments on that would be grand. Then it goes up to 5% and they jump massively. Are you expected to remortgage at the end of the discount period then? Is that not a massive pain in the arse?

[SvN]

It took us about 30 minutes online a few months before the end of the fixed period.

[Boydy]

Oh, that's not so bad. I thought it'd be a massive ballache like the initial application all over again.

[SvN]

I think it probably is if you switch provider.

[Boydy]

Oh so your same provider was offering lower rates? I thought they'd be like 'lol, nah you're stuck on the high rate now'.

[Foe]

Nah. They don't want you to ask any questions once your fixed term ends. They'll whap you on a variable rate which is probably 2 or 2.5 times the normal rate and keep quiet.

Only makes sense to let that happen if you want the flexibility to be able to throw in some serious overpayments or flexibility to leave at any point without a fee.

I'm letting my mortgage sit in variable for both of the above reasons. Hopefully have it paid off by December if I sell some shares. Shame it's dropped about 40% in value since I bought it :moop:

[neo_hippy]

In March last year I remortgaged as I was about to go into my provider's standard variable rate.

The new mortgage was with the same provider on another 2 years fixed and meant I pay less each month over the same term length. I can pay upto 10% extra with no extra charges too.

I fully expect I'll be doing the same again next year. It's only so much hassle as finding your last 3 months pay slips and answering the affordability budget questions. Takes a hour or so then just waiting for the paperwork, underwriting etc to be done.

[phonics]

It's wild reading this, I thought remortgaging your house was something you did when you were in an absolute state and were forced to. Had no idea people are shopping them round every couple of years, no wonder the market is mental and full of total sharks.

[niko_cee]

You should watch the Teen Titans Mortgage Re-Fi episode.

[phonics]

You should watch the Teen Titans Mortgage Re-Fi episode.

This is mental:

https://www.youtube.com/watch?v=SFgs18qh1Yg

Meanwhile at the age of the target demographic I was watching:

https://www.youtube.com/watch?v=uYxMbrzv_fw

I didn't even try to find a particularly bad clip, that was the first english link that appeared.

[SvN]

Oh so your same provider was offering lower rates? I thought they'd be like 'lol, nah you're stuck on the high rate now'.

I only had a 5% deposit when I bought - by the time 2 years had passed, my equity was above 10%, so my mortgage dropped by around £250 per month by remortgaging.

[Spikey M]

We've remortgage everytime a fixed-term has ended.

It's basically car insurance these days. Loyalty costs.

[phonics]

We've remortgage everytime a fixed-term has ended.

It's basically car insurance these days. Loyalty costs.

Just me or does this not seem the way a stable economy should run?

[Spikey M]

It's ridiculous. But we've saved atleast £70 per month by moving.

[phonics]

I'll think of this page every time I hear the news tie the health of the economy to the housing market now.

[Pepe]

Just me or does this not seem the way a stable economy should run?

Which is why 'the economy' is not 'stable.'

I am still planning to buy my house cash. I know it is not the most financially clever way of doing it, but I can't be arsed dealing with the nonsense.

[Magic]

No viewings yet lol #quicksale

[SvN]

Ours have dried up too. We're dropping the price by £10k today.

[SincereTheRebel]

Ive got an advisor in my emails now sorting out life insruance and all that.

[Boydy]

Do you need life insurance if you don't have a partner and kids?

[SincereTheRebel]

Do you need life insurance if you don't have a partner and kids?

Ive asked that question to him already and im waiting on an answer. I dont think you do. If i die, then the debt isnt passed to anyway becuase I dont have any dependencies.

[Spikey M]

You don't have to, but it's advisable (if you are joint owner with someone else) as it will cover the mortgage in the event of one of your deaths.

[Pepe]

No viewings yet lol #quicksale

Might as well just let her keep it.

[SincereTheRebel]

Might as well just let her keep it.

Its even cheaper to keep her.

[Andy]

Do you need life insurance if you don't have a partner and kids?

Depends on who you're borrowing from but generally yes.

[Magic]

Had the ADVISOR round today, basically I'm aiming for a 40k deposit and a max value of 200k.

[Spikey M]

A castle in the highlands then?

[SincereTheRebel]

A castle in the highlands then?

Someone on here is already living in one. They even had a moat around their living quarters.

I need to move to the highlands.

[Boydy]

Do you go make an offer on a house first or get a mortgage agreement first? There seems to be conflicting advice online from various sources.

[SincereTheRebel]

Do you go make an offer on a house first or get a mortgage agreement first? There seems to be conflicting advice online from various sources.

I got my mortgage agreement first. Most sales people want the agreement before they let you put down a deposit.

[Spikey M]

Get an offer in principle. There's alot of estate agents that won't even accept an offer without one having been obtained.

[Magic]

Get an offer in principle. There's alot of estate agents that won't even accept an offer without one having been obtained.

This. AIP you can't make an offer without one.

[Alan Shearer The 2nd]

Is anyone else here in to their gardening?

I've pretty much neglected the house since I moved here in 2012 in terms of decorating/other nice stuff (basic things that make a house a home etc.) but have properly got into gardening in the past 2 years and it's made such a difference to sitting out the back.

[Baz]

Lawn? 100% love it mate
Plants? Sure
Weeding? Get fucked

[Giggles]

Is anyone else here in to their gardening?

I've pretty much neglected the house since I moved here in 2012 in terms of decorating/other nice stuff (basic things that make a house a home etc.) but have properly got into gardening in the past 2 years and it's made such a difference to sitting out the back.

Absolutely despise it. If I ever had my own house every single blade of green would be concreted/stoned/bricked as a matter of urgency.

[Spikey M]

We'd dump a tonne of concrete in the garden if I had my way.

[Boydy]

Would it be better to wait until after Brexit to buy a house?

[Shindig]

Why wait for something that's taking forever to happen?

[Foe]

I'm in a similar boat.

I need to buy a house at some point. But I've lost so much money on my flat. Properly depressing. Only plus side being a potential house would be way cheaper than it would've been, so offset it a bit.

[SincereTheRebel]

Fuck that waiting shit. Ive put down deposits already. Diving off in the deep end me.

I cant swim though.

[SincereTheRebel]

Im after an apartment though. Not sure if that makes much difference.

[Boydy]

Dunno.

One thing I will say about apartments though - it should be illegal to build them without balconies.

[SincereTheRebel]

Mine does not have a balcony. Thats, not a feature that I was looking for. I struggled to find an apartment that had a bath. Seems like alot of apartments are being built with showers only. Ive ended relationships with girls because they don't take a bath and have showers only. Im disgusted.

[Lewis]

My friend was almost scared into not buying because of Brexit, but surely if house prices fall by such an extent to make it worthwhile waiting then they will only have done so because of an actual economic crisis, in which case nobody will be lending you any money to buy even a cheaper one.

[niko_cee]

That's the bit the "let's hope the housing market crashes so we can buy" mob miss out.