House just been valued

LillyJ

neverdespairgirl wrote: »

Lilly, much as I love you, "Grammer school" is quite amusing, sorry (-:

Thanks hun!

Our school didn't have what sort of school it was outside (just "high"), and it isn't the sort of word that comes up in the written word a lot now days!

LillyJ

LittleMissAspie wrote: »

Attention to detail should be a part of any job.

Boss: "Hey Aspie did you realise there's a spelling mistake in this document you wrote?"
Me: "WHO CARES??!"
Boss: "I'm so glad I hired this girl..."

Writing on MSE is hardly where attention to detail is required!

I think you'll find that doing research requires a very close attention to detail (in fact you almost have to be anal about it), or someone will pick you up on it and it won't be published.

I am employed for my skills, not my spelling ability. If I was a proof reader, or an English teacher then maybe it would be a problem, but in my job it isn't. If you think you get far in life by simply being a good speller then you listened too much to what your primary school teacher said!

Actually my Mum is an English teacher and I must say she can't spell every single word in the entire dictionary without looking a couple of things up.
If I spelt every other word wrong (like the millions of times people on here put "loose" instead of "lose" or "morgage" etc) then I could understand it!

Maisie11

Hello everyone,

We have spend the whole weekend dicussing our options. I think the problem we have is that we want to keep our lifestyle and also carry on paying the school fees comfortably as we have done for the last 10 years - I count the years when the boys were with a childminder as school fees as they are similar costs. Of course now that the boys are older the fees are going up and if we go into a recession for a while we need to decide our priorities.

My first priority is the boys education (please no comments about private/state).

A financial advisor has suggested that we COULD move to an Interest Only mortgage. Nationwide only allow them to be unsecured ie no endownment or ISA when the loan is a maximum of 66% of the equity. We have potential equity of £720k so no issues there. This is not our last house. Once the boys finish education we would sell up and downsize. We have always planned to do that. The loan would be paid when we downsized and would still make us very comfortably off.

By making the mortgage interest only we have an additional £1000 per month. This would go some way to paying some the school fees. We COULD pay the balance of the fees out of income. We have been paying all of the school fees out of income previously.

It means that we could stay in our house potentially and carry on paying the fees.

One downsize is the £8k penalty

What does every one think??

ds1980

ok have finshed on state vs private sorry if i offended but it is only my opinion and of course you are entitled to yours.

Have you spoken to nationwide to see if they'd waive the fee's on a new product with them? Sorry if that has been covered?

Maisie11

DS1980,


thanks for your comments. Agree that private/state is a touchy subject. If you saw my sons you would understand why I would want to continue using the private sector. I went to a bog standard comp. It was awful. No expections for the pupils and whilst I have turned out OK it wasnt ideal, my biggest regret was that it was never expected that anyone went to university.

There are some fab state schools, in fact the majority are fine but we are all ambitious for our children arent we. I would fully expect the boys to take part time jobs at 16. I had a Saturday job in Boots whilst I was at school and I would want to boys to realise how fortunate they are.

I will ask Nationwide

Maisie11

Hello,

Well we are finally putting our house on the market next week. Took one of the posters advice and decided not to wait until March next year. Basically we are going to test the market and see what happens. We have a house in excess of 3700 sq ft (although it doesnt seem like that, you fill it so easily!) We know that we wont be able to get anything like that. My feeling is that we should know what the situation is in six weeks or so. I have got to say that having spoken to a number of EA's over the last couple of weeks who have been really helpful with local knowledge etc that Oxford prices are not all doom and gloom depending on which way you are looking at it. Seems that 5-7% reduction on house in the £700-£800k is acceptable. There are no drops of 30% etc despite what some forum users would like to have happen.

Have also looked at schools around Oxford. The Dragon School is full to bursting. No places at all should we move half way through a school year. No credit crunch there but it has a great reputation so it shows that something good will always survive.

If we dont get a reasonable price for our house we would look at staying and using our savings. We can also take a 12 month mortgage holiday with Nationwide so that could help should be need that option. Of course it will cost - but nothing is for free. Besides, I am leaving nothing to the government....

pawpurrs

neverdespairgirl wrote: »

Ditto - I used to catch a school coach in Blackheath to go to school in Dulwich. Coach picked us up at 7.10am, and we got back about 4.40pm.

I went to school In dulwich too!

neverdespairgirl

Dulwich College, Alleyn's, or JAGS?

pawpurrs

JAGS but not for long.
My brother went to Alleyns for quite a long time though.

mrstinchcombe

lostinrates wrote: »

Can't your child board from september? (the kind of school that would never be in trouble is almost certain to offer boarding if it is not mandatory!).

The "part time parent" option has thankfully been rejected.

Hardly worth having kids if you are just going to ship them off!