Never needed a guarantor when renting.
Have you got a full time job?
Never needed a guarantor when renting.
Have you got a full time job?
Buying a house because you’re bored of looking for houses to buy is a serious level of
Yeah. That's why I thought it was odd. I thought it was only something that applied to students normally.Originally Posted by Andy
Emailed the estate agent and he said it's fine without one.
Who's doing that?Buying a house because you’re bored of looking for houses to buy is a serious level of
They probably took one look at you and decided you were an absolute joke.
Ive just been informed that the apartment I put a deposit down for, the whole apartment block is being sold to the housing associations and I now have to look for a new apartment. What kind of fuckery?
Here they ask for a guarantor, payslips, work reference, landlord reference, and 3 months up front.
Jesus. That in a country full of empty houses too.
There's a few ghost estates left out in the sticks near nothing (most are used or levelled by now) but there's none empty in areas where people want them. They're like gold dust.
Mean.
Stripping wallpaper today which might now be my least favourite job.
It's not hard (especially on the back which is nice) but I'm covered in wall dust and I smacked my thumb a couple of times. Walls in this place are also really shit, a lot of holes and it's uneven in places with no plastering at all.
Stripping wallpapers great, it's so satisfying.
Alright mokkers.
Not so much when dust from the walls are spraying everywhere and paint (some dickheads painted the wallpaper) flakes shower you.
The wallpaper here is crispy and by the style, at least 40 years old.
Operation upgrade to a house needs to happen soon.
I'm going to make the final payment on my flat mortgage this month. Who needs savings?
The amount of money I'll lose on this flat is astonishing, but hopefully offset in a house. Want to have the feeling of being mortgage free for a small period before I get absolutely balls deep in debt.
https://m.realestate.com.au/property...gill-131914778
Not the most tastefully decorated place anyway but fuck me things take a turn at picture eleven.
That just needs torched.
The framed United shirt was the last straw.
I need a new sofa.
I'm finally getting close to buying a house.
Anyone have any handy advice to the steps, when they should occur and any pitfalls to be aware of?
Ta muchly.
Taking on a mortgage at your age could be an issue.
That much I do know, and it's not a problem.
Do you have an agreement in principle?
I think it's risky as fuck buying in this market, what with Brexit fucking shit up all over the shop.
Haven't even seen the place I'm interested in yet, going on Wednesday.
Been looking for a while for one that ticked all the boxes, with a view to waiting until Brexit is sorted, but on the basis that a) I could be dead before it's sorted, b) I've thought all along we won't leave and c) that's looking more likely than ever at the moment, I may as well just crack on if I do find the right one.
You live in Oxford don't you? Their property prices would survive the Apocalypse.
Yep, they're fucking ridiculous.
Four-Hundred grand for a 3 bed is about where it is now and that's in a market that is somewhat deflated apparently.
Any Brexit-related hit they did receive over the next year or so would presumably be made up a million fold over the course of your mortgage.
If you want to put an offer in you'll need an Agreement In Principle which is basically the bank saying you're good for £x00k. You can get this without knowing which specific place you want to buy.
House prices are on their way down at the moment (albeit they're inflated massively over a 40-year period), so don't pay too much heed to asking prices.
Thanks Raoul. For the agreement in principle can I use anyone online and then go with a broker to get the best mortgage I can or is it bad form (from the seller's perspective) not to stick with whoever has issued the agreement in principle?
Get a mortgage advisor. Ours cost £600 but he had a database of all lenders, their criteria for lending, how much we'd be lent and what our repayments would be. It helps you get the best bang for your buck. There was £50k difference on what we could get from different lenders and the repayment costs vary hugely.
I thought brokers/advisors were free as they're bringing you to the financial institution that will lend you the money and therefore take their cut from them?
Or just search online and save yourself £600.
https://www.landc.co.uk/
The initial appointment was free, but they saw the whole thing through to the end with minimal fucking about for us. We had to sort a new fixed term out for ourselves last year and it was a fucking nightmare. I'd happily chuck a few hundred at someone to do it for me next time, never mind sorting out a mortgage from scratch.
Those were the people I'd had recommended to me Boyd.
Oh so they did all the soliciting and paperwork etc? I thought you had to get someone to do that stuff for you.
For the mortgage yes. You have separate solicitors for the rest of it. The whole thing is a nightmare.
My uncle is an ex mortgage advisor, basically it's never free and you'll always end up paying somewhere along the line.
Some our transparent and say they charge X amount whichever lender you go with and some say it's 'free' and then try and guide you towards a certain lender where they get a massive amount of commission and you end up with a worse deal.
Best to find either someone you fully trust or go with a big company who have good reviews as they are usually more transparent with how they charge and youll end up with the best deal for you at the end.
£8.3k to connect electricity for the top flat
Why did it not have electricity in the first place?
It's a house (which has electricity) that is being converted into two flats.
The ground floor two bed flat will use the existing connections but the first floor one bed needs to be connected to gas, water and electric. The gas at £400 or so is a bargain it seems.
Brothels just need running water. Forget about all that extra shit.
Completed today. Got my keys, went in there, turned the fridge on, made sure the taps worked. Did a massive IKEA order. Booked a broadband man.
Should be habitable by mid October. Absolute scenes.
There are things you don't think about, though. Like lampshades. How many saucepans do I need? Do I need a microwave? Do I actually need bookshelves, or are they just to show off? What can I actually keep in the 'garden shed' I have just discovered I have, when I don't have a garden? These things will keep me occupied until I die.
3 saucepans; sauce, regular, and stock. For all the price of a microwave you might as well. The shed will depend on how dry and pest free it is.
My advice is don’t buy anything telling yourself “I’ll have that for now and upgrade it in the future” cos you won’t. I’ve still got a blind that I don’t like, but it works and I’m to lazy to replace. Only got it as a temporary one. Same with my light shades.
We told UK Power Networks that we wanted the meters outside on the side of the house and they've now passed it on to their projects department because it will now take a total of 43m of cables. No idea how it will take up 43m but clearly they want to add a fuckton more cash to the pile.£8.3k to connect electricity for the top flat
I've gotten Npower involved now who will contact some third party contractors as it really shouldn't be this costly.
Get Team Engineer to sort you out.
I’ll steal you the cable.
I assume that involves tying next door's sky wire to your rear axle and flooring it.
A whole heap of that isn't true. Some will charge fees, some won't depends on what they want. Ideally they won't but there isn't much money in mortgages normally about £400 per 100k of borrowing is what an adviser gets paid. No lender pays significantly more then any other really.
But, there are unscrupulous advisers out there who won't put you with a certain bank for the money but more for the ease of putting you with an easy lender. Any adviser should be upfront about any fee they charge should be stated in an initial meeting and what they get paid by the lender should be clearly outlined in both an initial key features document and on your mortgage offer.
You could and wind up with mediocre service. Or you could speak to someone in your local area who is independent and probably wouldn't charge you anywhere near 600 quid. With the added bonus of not having to spend an initial 45 minutes speaking to someone who isn't even qualified.
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