Scary. Officially old now.
(https://fbcdn-sphotos-g-a.akamaihd.net/hphotos-ak-frc1/1002192_10151790136471014_1540401438_n.jpg)
and I used to just post photo's of pc's I'd bought....
Congratulations! I bet its a very cosy little place judging from the look of it :cheers: :ptu:
Its what I want to be doing next as I'm so tired of renting, one day hopefully!
Congratulations.
Just finished paying for mine so officially i,m a fossil :rock:
Looks top banana, what's with the 90s looking photo though!?
Congrats! I'd love to buy a place, still a long way off at the moment though.
Well done, now comes years and years and years of being totally skint, enjoy!
Does look a rather nice house though!
Looks nice, solid and as many English houses, tiny ;)
looks nice
I think the photo makes it look smaller than it really is, it looks good to me :-)
Congratulations, I'm 2 years into a 25 year mortgage. I concur you'll spend many years skint now, especially if you live in the South East.
Quote from: Adrock on August 12, 2013, 18:33:32 PM
Congratulations, I'm 2 years into a 25 year mortgage. I concur you'll spend many years skint now, especially if you live in the South East.
Try the South West, its rather pricey round here, not looking forward to getting my first place next year
Looks like a really nice place that. Hopefully I'll be on the housing ladder next year.
pick up a lump hammer & go have some wrecking fun.
Quote from: Walrusbonzo on August 13, 2013, 10:28:14 AM
Looks like a really nice place that. Hopefully I'll be on the housing ladder next year.
Get on it this year fella. Prices going up & up!
Prices are always on the up and always will be aside from the occasional knockback. It's just going to get harder and harder to get on the ladder.
Quote from: Clock'd 0Ne on August 13, 2013, 18:54:27 PM
Prices are always on the up and always will be aside from the occasional knockback. It's just going to get harder and harder to get on the ladder.
they not at the levels of the last burst bubble.
Danger of another bubble forming.
Forming?? Already well and truely formed in London and the government guarantee is going to push it even further if it goes ahead.
London house prices are 12.5x average salary (£425k vs 34k), if that's not a bubble I don't know what is. I'm selfishly hoping for a massive crash sometime in the next 5 years.
We know there's a constant housing shortage naturally pushing up prices, but we also know there's a lot of housing only affordable to those who already own properties (the rentors) keeping it out of the hands of buyers and we know that all the new housing being built is shoddy matchboxes that are completely overpriced. So even if there is another crash it will be nowhere near the same level as last time I reckon, simply because prices are being pushed and kept higher by those its profitable to. What we need is more govt schemes to aid for first time buyers and level the playing field a bit.
Quote from: Clock'd 0Ne on August 14, 2013, 10:34:14 AM
We know there's a constant housing shortage naturally pushing up prices, but we also know there's a lot of housing only affordable to those who already own properties (the rentors) keeping it out of the hands of buyers and we know that all the new housing being built is shoddy matchboxes that are completely overpriced. So even if there is another crash it will be nowhere near the same level as last time I reckon, simply because prices are being pushed and kept higher by those its profitable to. What we need is more govt schemes to aid for first time buyers and level the playing field a bit.
I disagree, government schemes to help first time buyers just inflates the bubble more leading to a more unsustainable situation where the government will constantly have to assist. What we need is government schemes to increase house building thus reducing the under supply and naturally correcting the imbalance.
The current 20-30 something generation are just about getting away with it because of assistance from their parents who made a fortune on the property bubble, the next generation wont be so lucky.
Quote from: addictweb on August 14, 2013, 09:10:28 AM
Forming?? Already well and truely formed in London and the government guarantee is going to push it even further if it goes ahead.
London house prices are 12.5x average salary (£425k vs 34k), if that's not a bubble I don't know what is. I'm selfishly hoping for a massive crash sometime in the next 5 years.
i didnt believe that statement about average salary in london. so i googled it.
http://career-advice.monster.co.uk/salary-benefits/pay-salary-advice/uk-average-salary-graphs/article.aspx
wow. time to move to aberdeen.
Quote from: addictweb on August 14, 2013, 11:00:54 AM
I disagree, government schemes to help first time buyers just inflates the bubble more leading to a more unsustainable situation where the government will constantly have to assist. What we need is government schemes to increase house building thus reducing the under supply and naturally correcting the imbalance.
How do govt schemes inflate the bubble? Reducing the defecit in houses is ideal but because the new houses being built are disgusting quality and for their acreage, volume and price this is what I think is inflating the bubble. It doesn't help that the a large proportion of the money in property goes straight back to those that own multiple properties, because they have two or three houses and rent them out at astronomical amounts. Maybe we should be stopping people from owning multiple homes (unless they are barred from renting them)? Estate agents fees are disgusting too, the whole market needs better regulation. The people that own all the property aren't people renting to cover the mortgage and looking after their family, they are actively making a mint off the poor folk that can't get a mortgage. If it was potentially possible for everyone to own their own property without having to buy some piece of sh*t new build I don't see how it would be inflating at all.
Suddenly NZ is actually looking like a more attractive prospect for me if I ever want to own my own home.
Quote from: Eggtastico on August 13, 2013, 17:52:42 PM
Quote from: Walrusbonzo on August 13, 2013, 10:28:14 AM
Looks like a really nice place that. Hopefully I'll be on the housing ladder next year.
Get on it this year fella. Prices going up & up!
If I get on this year no way would I be able to afford the house I want. I need more deposit first.
If you want to know how lucky you are, my rent is 1900 a month. For a one bedroom flat :)
Quote from: Sam on August 17, 2013, 00:25:19 AM
If you want to know how lucky you are, my rent is 1900 a month. For a one bedroom flat :)
nothing wrong with that.... as long as your not earning 2000 a month 'o)
My mortgage is 1/2 of 1 week salary '0)
Quote from: Sam on August 17, 2013, 00:25:19 AM
If you want to know how lucky you are, my rent is 1900 a month. For a one bedroom flat :)
Zone 1 rocks though.
Quote from: BigSoy on August 17, 2013, 12:25:52 PM
Quote from: Sam on August 17, 2013, 00:25:19 AM
If you want to know how lucky you are, my rent is 1900 a month. For a one bedroom flat :)
Zone 1 rocks though.
Zone 1 someone is made of money :)
Quote from: BigSoy on August 17, 2013, 12:25:52 PM
Quote from: Sam on August 17, 2013, 00:25:19 AM
If you want to know how lucky you are, my rent is 1900 a month. For a one bedroom flat :)
Zone 1 rocks though.
Yes it does. I live in Chelsea.