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Turnbull2000
Posts: 1,807 Forumite
Honestly, you lot just need a little guidance from the experts that's all.
As we all know, it's not the fact that prices have tripled and wages have stagnated that is holding you back. Oh no, that extra 100K you must now find is a drop in the ocean compared the mountainous hurdle of 1.5K stamp duty
http://www.metro.co.uk/money/article.html?in_article_id=56367&in_page_id=36
But fear not my young wannabe home owners, you just need to give up some of life's little pleasures in order to ascend The Ladder of Prosperity. According to Abbey National;
"With the smoking ban here to stay it really is the ideal opportunity to save up some hard cash for a first home. So, it's time for all those first time buyers that told us they'd quit cigarettes to get on the housing ladder
http://firstrung.co.uk/articles.asp?pageid=NEWS&articlekey=6496&cat=44-0-0
So with prices currently not a problem and all you chain smoking FTB's about to kick the habit, the 10% deposit and stamp duty costs will grow in no time at all. Problem solved.
Be warned though, prices may be affordable now (stump duty apart), but may begin to soar soon - so move quickly or miss out forever. You don't want to be a second class renting serf if you leave it any longer do you?
Your estate agent friends - the Kings of impartiality - urge you to snap up those properties NOW! BEFORE IT'S TOO LATE PEOPLE!!
http://www.theargus.co.uk/news/localnews/display.var.1528754.0.snap_up_seaside_property_now_say_experts.php
As we all know, it's not the fact that prices have tripled and wages have stagnated that is holding you back. Oh no, that extra 100K you must now find is a drop in the ocean compared the mountainous hurdle of 1.5K stamp duty
http://www.metro.co.uk/money/article.html?in_article_id=56367&in_page_id=36
But fear not my young wannabe home owners, you just need to give up some of life's little pleasures in order to ascend The Ladder of Prosperity. According to Abbey National;
"With the smoking ban here to stay it really is the ideal opportunity to save up some hard cash for a first home. So, it's time for all those first time buyers that told us they'd quit cigarettes to get on the housing ladder
http://firstrung.co.uk/articles.asp?pageid=NEWS&articlekey=6496&cat=44-0-0
So with prices currently not a problem and all you chain smoking FTB's about to kick the habit, the 10% deposit and stamp duty costs will grow in no time at all. Problem solved.
Be warned though, prices may be affordable now (stump duty apart), but may begin to soar soon - so move quickly or miss out forever. You don't want to be a second class renting serf if you leave it any longer do you?
Your estate agent friends - the Kings of impartiality - urge you to snap up those properties NOW! BEFORE IT'S TOO LATE PEOPLE!!
http://www.theargus.co.uk/news/localnews/display.var.1528754.0.snap_up_seaside_property_now_say_experts.php
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Comments
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No deposit? Why not think about selling a kidney?0
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I just loved this bit:
Council leaders and estate agents have advised people to invest in Sussex's seaside towns at the earliest opportunity before prices escalate.
So best that you make one of the most important decisions of your life, based on the recommendations of an EA. I think it is called "ramping".In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:0 -
Yes, EA's tend to like bending FTB'rs over the desk to try a bit of ramping! :rotfl:0
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lol
poppy100 -
and I thought the metro article was going to be good when I first looked at the headline.
Still your also missing out on the ftb's can no longer afford as interest rates have gone up by, wait for it........ 0.25%. :eek: I mean oh no, life over because of 0.25% 0
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