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I'm having housing a moan . . . . .

24

Comments

  • HouseBuyer77
    HouseBuyer77 Posts: 961 Forumite
    Combo Breaker First Anniversary
    Bishop's Stortford maybe?

    e.g. http://www.rightmove.co.uk/property-for-sale/property-67504871.html

    Though hitting your 1 hour door to door might be tricky. Depends where you work and if you'd be willing to use a folding bike.
  • martinsurrey
    martinsurrey Posts: 3,368 Forumite
    steampowered wrote: »
    The Op is looking to pay £325 a week which is an awful lot of money - 61% of the average UK salary.

    We are now reaching the stage where people on ordinary salaries cannot afford to live in London.
    happyandcontented wrote: »
    I read it as 325k to buy, but you could well be right. Perhaps the OP will clarify?

    http://forums.moneysavingexpert.com/showthread.php?t=5562397

    OP is looking to buy at least was a while ago

    since 2016 OP seems to have done something, from a £30k single income with £60k deposit (£180k max purchase price at 4x) to £325k, so not too bad.
  • [Deleted User]
    [Deleted User] Posts: 7,323 Forumite
    Name Dropper First Post First Anniversary
    Have you actually looked at travel times? Gravesend to Kings Cross St Pancras is 16 mins, not an hour lol.
  • ThePants999
    ThePants999 Posts: 1,748 Forumite
    First Anniversary Name Dropper First Post
    ReadingTim wrote: »
    If it's any consolation, I feel the same about the luxury yacht market, and don't even get me started on private jets....
    I did smile, but I don't think it's appropriate to lump typical housing in with yachts and jets. Such luxuries have always been out of reach of the ordinary working man, but once upon a time, a 3 bed house with a reasonable commute wasn't! I have plenty of sympathy for people moaning that the average house in the South East is now 10 times the average salary, when 20 years ago it was 4 times. That is a genuine problem that could have been avoided if governments had prioritised it enough.
  • Murphybear
    Murphybear Posts: 7,270 Forumite
    First Anniversary Name Dropper Photogenic First Post
    I do sympathise that you cannot find what you want in the housing market.

    Unfortunately this is all too common. We have been looking for a new house to rent since the beginning of November. Our requirements were simple. Minimum of 3 bedrooms and 2 reception rooms, lots of space to store our huge amount of "stuff", big kitchen with room for washing machine, dishwasher, 2 freezers and full size fridge, quiet area with no kids, parking, cat allowed. Preferably detached or semi. Reasonable rent:rotfl::rotfl::rotfl:

    Impossible you might think? We saw, on Rightmove, a rural farmhouse, 4 bedrooms, 3 reception rooms, big kitchen and wood burning stove to heat it in winter. We saw it, fell in love, met the farmer who owned it who got on with my OH like you wouldn't believe.;). We moved in 3 weeks ago. Rent not much more than our horrible mid terrace with noisy neighbours both sides.

    Miracles do happen ...
  • martinsurrey
    martinsurrey Posts: 3,368 Forumite
    ThePants999 wrote: »
    I did smile, but I don't think it's appropriate to lump typical housing in with yachts and jets. Such luxuries have always been out of reach of the ordinary working man, but once upon a time, a 3 bed house with a reasonable commute wasn't! I have plenty of sympathy for people moaning that the average house in the South East is now 10 times the average salary, when 20 years ago it was 4 times. That is a genuine problem that could have been avoided if governments had prioritised it enough.

    http://www.economicshelp.org/blog/5568/housing/uk-house-price-affordability/

    Mortgage payments as a percentage of income are at a 30 year low, deposit requirements are high I accept .

    Household income has also risen much quicker than inflation (more women in the workplace means comparing 1970 single income households to 2017 duel income households isn't fair)

    http://webarchive.nationalarchives.gov.uk/20160107030736/http://www.ons.gov.uk/ons/dcp171776_341133.pdf

    so you are suggesting that governments prioritized keeping mortgage rates high, and keeping women out of the workplace (along with other things)?
  • Narkynewt
    Narkynewt Posts: 118 Forumite
    Maxwell007 wrote: »
    Is it just me but are the house prices in London and Kent still way over priced,

    Me and the wife have £325 to spend tops,

    all we want is a good 2 & a half / 3bed with garden with parking space, and walking distance to train station . . . .

    no more the 1hour door to door to city and back, travel cost under £300 per month,

    Maybe i'm asking for too much hahaah

    When is this CRASH GONNA HAPPEN . . .

    Apply to go on location, location, location!
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    First Anniversary First Post Name Dropper
    goodwithsaving wrote: »
    By wishing a crash you're wishing for many, many peoples' lives to get more difficult and financially terrible. If people save and are open minded, they will be able to get on the ladder.


    Being hundreds of thousands in debt in the lowest interest rate environment ever for basic shelter is already terrible, many will be glad to go bankrupt IMO, it will be less stressful than the daily grind just to service a big mortgage.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    First Anniversary First Post Name Dropper
    ReadingTim wrote: »
    If it's any consolation, I feel the same about the luxury yacht market, and don't even get me started on private jets....


    Yes, but most sensible people know these items are not in the same category as a place to live (although the sales techniques during the bubble were designed to make property appear as desirable as certain "high end" items, maybe you were taken in?)
  • SuboJvR
    SuboJvR Posts: 481 Forumite
    First Post Combo Breaker First Anniversary
    deannatrois wrote: »
    Have you actually looked at travel times? Gravesend to Kings Cross St Pancras is 16 mins, not an hour lol.

    Not sure the travel cost would meet his criteria though on the high speed! May be wrong!
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