talk us out of going for viewings

lostinrates

fc123 wrote: »

Aaagh, I'm feeling Tuscan villas..........impossible to decide!

As it happen's DH's dad's Tuscan villa is for sale...;) (Not the nicest though, wouldn't wish it on you;) ) for us Asia offers good reward financially, but I'm afraid its not for me, America maks sense for employment, and you can forget th rest of th world exist there, but neither dh nor I feel particularly 'comfortable' there. Paris? Back to Italy? I don't know.

lynzpower

lostinrates wrote: »

As it happen's DH's dad's Tuscan villa is for sale...;) (Not the nicest though, wouldn't wish it on you;) ) for us Asia offers good reward financially, but I'm afraid its not for me, America maks sense for employment, and you can forget th rest of th world exist there, but neither dh nor I feel particularly 'comfortable' there. Paris? Back to Italy? I don't know.

this is another added angle to managing to be able to talk ourselves out of it tbh.

IM certain that in 12 months time living in britain really wont be that great. Im fairly sure that my salary is set am in a pretty much bombproof job- but will i want to be doing it forever? Doubt it- I love change been in the job a year now, and the call of overseas is shouting. Id love for us to go overseas to volunteer or work for a while- "before settling down".

neverdespairgirl

lostinrates wrote: »

. I was chatting with a friend on saturday and we were saying isn't it amazing I'd been married three years in the summer and DH walked in and pointed out its 3 and a half years now '

What is amazing is that your DH knows how long - my OH was asked how long we'd been living together, looked panicked, and said, "ages, maybe 8 years?"

Actually, it's 11 this month :j

mr.broderick

Cannon_Fodder wrote: »

http://www.thisismoney.co.uk/house-price-crash
"The Halifax House Price Index shows average prices peaked at £70,247, in May 1989, and then a long run of monthly losses and stagnation continued until it bottomed out, in July 1995, at £60,965. This produced a peak to trough loss of 13.2%."

Nationwide figures, illustrated graphically...http://www.housepricecrash.co.uk/graphs-average-house-price.php


This time, the Internet may speed up knowledge that the recovery is underway and create a bandwagon, but we need to get through the credit crunch first...

Sorry...As soon as the bears get a sniff of the bottom (:o ), the bottom will no longer be the bottom. This will all happen in a much shorter time scale than 4 years, obviously this is just my opinion, but i am usually right.

Phirefly

This may or may not be relevant to your decision-making process but here's another perspective....

I couldn't wait.

The desire to feather my nest was simply far too strong and at the time while we suspected as FTBs we were buying at a peak, we took a calculated risk, which to others might appear to be an error of judgement. We bought with a decent deposit and haven't over-stretched ourselves financially... even now I don't regret it. It helps I guess that my income is double what it was when we took out our mortgage.

I suppose I should be having sleepless nights as the value of our home plummets, but conversely, I just feel at peace having a lovely home renovated to my specification with all my things settled around me. I think it came home to me when we finally landscaped the front garden which had really got me down when we were renting, we'd never have spent the time and money on it then.

I suspect its likely we'll out-grow this place in 5 years or so. I'm preparing for the worst (i.e. very little/no equity in our house) and overpaying the mortgage as far as we can while still living in comfort, and saving hard. Mr. P and I had a discussion the other night that we are going to think of ourselves as FTBs, forgo the safaris and flash motors that our friends are enjoying and aim to save a hefty deposit over the next 5 years (this is a nominal timeframe to be regularly reassesed) with a view to hanging onto Tha Wharf, and then buying somewhere bigger that will hopefully be more affordable than it is today.

Now we've just got to convince Mrs. Phirefly snr. that in a few years time she wants to come and live in our lovely house and enjoy lovely landlords....

mr.broderick

Phirefly wrote: »

This may or may not be relevant to your decision-making process but here's another perspective....

I couldn't wait.

The desire to feather my nest was simply far too strong and at the time while we suspected as FTBs we were buying at a peak, we took a calculated risk, which to others might appear to be an error of judgement. We bought with a decent deposit and haven't over-stretched ourselves financially... even now I don't regret it. It helps I guess that my income is double what it was when we took out our mortgage.

I suppose I should be having sleepless nights as the value of our home plummets, but conversely, I just feel at peace having a lovely home renovated to my specification with all my things settled around me. I think it came home to me when we finally landscaped the front garden which had really got me down when we were renting, we'd never have spent the time and money on it then.

I suspect its likely we'll out-grow this place in 5 years or so. I'm preparing for the worst (i.e. very little/no equity in our house) and overpaying the mortgage as far as we can while still living in comfort, and saving hard. Mr. P and I had a discussion the other night that we are going to think of ourselves as FTBs, forgo the safaris and flash motors that our friends are enjoying and aim to save a hefty deposit over the next 5 years (this is a nominal timeframe to be regularly reassesed) with a view to hanging onto Tha Wharf, and then buying somewhere bigger that will hopefully be more affordable than it is today.

Now we've just got to convince Mrs. Phirefly snr. that in a few years time she wants to come and live in our lovely house and enjoy lovely landlords....

Heavens i thought this forum was devoid of normal people, nice to be proven wrong.

chucky

Phirefly wrote: »

This may or may not be relevant to your decision-making process but here's another perspective....

I couldn't wait.

The desire to feather my nest was simply far too strong and at the time while we suspected as FTBs we were buying at a peak, we took a calculated risk, which to others might appear to be an error of judgement. We bought with a decent deposit and haven't over-stretched ourselves financially... even now I don't regret it. It helps I guess that my income is double what it was when we took out our mortgage.

I suppose I should be having sleepless nights as the value of our home plummets, but conversely, I just feel at peace having a lovely home renovated to my specification with all my things settled around me. I think it came home to me when we finally landscaped the front garden which had really got me down when we were renting, we'd never have spent the time and money on it then.

I suspect its likely we'll out-grow this place in 5 years or so. I'm preparing for the worst (i.e. very little/no equity in our house) and overpaying the mortgage as far as we can while still living in comfort, and saving hard. Mr. P and I had a discussion the other night that we are going to think of ourselves as FTBs, forgo the safaris and flash motors that our friends are enjoying and aim to save a hefty deposit over the next 5 years (this is a nominal timeframe to be regularly reassesed) with a view to hanging onto Tha Wharf, and then buying somewhere bigger that will hopefully be more affordable than it is today.

Now we've just got to convince Mrs. Phirefly snr. that in a few years time she wants to come and live in our lovely house and enjoy lovely landlords....

it's good to see that someone hasn't put their life on hold and has enjoyed their home with their family.

just shows that the some people do know what the important things in life are and not trying to call the bottom of the House market and using this forum as their own personal arena.

fc123

chucky wrote: »

...... using this forum as their own personal arena.

Oh...damm.... I thought that's what it was for....sort of personal, on-line therapy forum.
The economics stuff is the garnish, all the graphs are for making posts look pretty and decorative and lists of stats are useful as eye exercises.

neverdespairgirl

chucky wrote: »

it's good to see that someone hasn't put their life on hold and has enjoyed their home with their family.

Renting isn't necessarily putting one's life on hold, though, surely?

lynzpower

neverdespairgirl wrote: »

Renting isn't necessarily putting one's life on hold, though, surely?

Id actually say that having a mortgage puts ones life on hold.

Think of all the things that you canont do while you are paying off all that lovely mortgage interest (the holidays, the flying lessons, )

on the day of completion only 25 years to go till you are free :j