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Help us get our 1st mortgage

2

Comments

  • poppysarah
    poppysarah Posts: 11,522 Forumite
    I'd agree with the above. G&E sound really low.

    And you shouldn't think about a mortgage until you're debt free and saved up 10k. Then think about it.
  • poppysarah
    poppysarah Posts: 11,522 Forumite
    sugarpants wrote: »
    Hi
    Well DH and I have been trying get a mortage for 6 yrss.
    Total Unsecured debt.................... -9,223.55

    Which bit of the 6 years have you trying to get a mortgage for?

    Have you cleared massive amounts of debts over the last 6 years?
  • Phirefly
    Phirefly Posts: 1,605 Forumite
    My gas & electric is less than £30pcm combined. I work from home, so should in theory use more. We don't have any fancy system, just an efficient boiler and a small well-insulated house.
  • Premier_2
    Premier_2 Posts: 15,141 Forumite
    10,000 Posts Combo Breaker
    Dump sky/cable and replace with freeview or freesat (either version).

    Save £240 per year (less the one off set up charge for the alternatives)
    "Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 2010
  • sugarpants_2
    sugarpants_2 Posts: 601 Forumite
    Dad business pays insurance :):j
    tinkerbell84 wrote: »
    How can you have a car which doesn't cost anything to insure or maintain? :confused:
    SAVING FOR OUR FIRST HOUSE DEPOSIT

    15,000 NEEDED /35,000 SAVED SO FAR! :j
  • sugarpants_2
    sugarpants_2 Posts: 601 Forumite
    I havent bought clothes for months as have too many. Kids clothes come from girfts from grandparents:beer:
    _Andy_ wrote: »
    £0 for clothing - how does that work?
    SAVING FOR OUR FIRST HOUSE DEPOSIT

    15,000 NEEDED /35,000 SAVED SO FAR! :j
  • sugarpants_2
    sugarpants_2 Posts: 601 Forumite
    Gas and Electric are £40 a month. Re looked at it. haha. Still low though we are just good with our electric and gas I guess:rolleyes:
    Premier wrote: »
    Your £30 p.m. total for gas & electric seems remarkably low - about 1/4 the national average.

    Make sure you are not building up a debt that you don't know about (quite common when people are paying monthly by DD)
    SAVING FOR OUR FIRST HOUSE DEPOSIT

    15,000 NEEDED /35,000 SAVED SO FAR! :j
  • sugarpants_2
    sugarpants_2 Posts: 601 Forumite
    £875 rent is cheap where we live. WE live in 3 bed house. NExt door is 2 bedroom and its gone for £900 a month:eek:
    CLAPTON wrote: »
    it's a good first stab at the SOA but there does seem a lot missed out.

    it shows you have a surplus each month of £109 ... in practice do you actually have any surplus at all or are you using credit cards etc. to pay your way.

    your housing cost are very high .. rent and council tax are taking half your income .. is it posssible to get cheaper accommodation?

    can you or your partner increase income... maybe part time job(s) etc?

    and stop using credit cards and store cards otherwise the debts will never go down.
    SAVING FOR OUR FIRST HOUSE DEPOSIT

    15,000 NEEDED /35,000 SAVED SO FAR! :j
  • sugarpants_2
    sugarpants_2 Posts: 601 Forumite
    We must have the same energy supplier mate;) :D
    Phirefly wrote: »
    My gas & electric is less than £30pcm combined. I work from home, so should in theory use more. We don't have any fancy system, just an efficient boiler and a small well-insulated house.
    SAVING FOR OUR FIRST HOUSE DEPOSIT

    15,000 NEEDED /35,000 SAVED SO FAR! :j
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    Whatever the outgoings are is irrelevant in the context of the original question. Without a decent deposit (let alone money for legal costs, valuation, moving costs, house maintenance blah blah) it's not going to happen.
    Anyway, in a falling market why would you want to bother?
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