FTB - Are there any out there?

beingjdc

I'm starting to think the collapse will happen so quickly and the return on savings vanish so fast that I may look seriously at late 2009 rather than my Plan A of late 2010. On the other hand, I might wait for the big tax rises, Tory spending cuts, and expiry of people's mortgage deferrals. In which case 2011 sometime...

jamtart6

25% off for us, we are FTB and have been waiting for ages to buy but werent in right financial situation before now. Happy with the house, happy with the price, don't want to move in the next 10 years so hopefully should be OK.

PasturesNew

I'm a FTB ... it takes 9 months after an STR for a lender to consider one an FTB. And I am petrified at the thought of buying my next house purely because of the responsibility that comes with it. The maintenance, everything being always down to you, having to deal with everything, do everything, pay for everything, worry about everything. I am really not looking forward to the whole roller-coaster ride that is property ownership.

sexysam

I am wanting to buy house for my daughter.My mortgage is approved and we have managed to collect about £55000 as deposit. Looking for house in Batley west Yorkshire.Top price we would pay for 2/3 bed is £12000

Anybody selling here please let me know

THX-1139

I am a first time buyer but I can't buy until I select where to live. So far I have rented in loads of places for a year at the time but nothing seems right yet.

wymondham

I know people have their own reasons for wanting to buy, but I don't understand why people still want to buy when prices are dropping so fast - you'll end up losing thousands of pounds just during the buying process in depreciation, and job security will be a real issue next year.......

I'm obliged to point this out as this is a money saving site

mrstinchcombe

wymondham wrote: »

I know people have their own reasons for wanting to buy, but I don't understand why people still want to buy when prices are dropping so fast - you'll end up losing thousands of pounds just during the buying process in depreciation, and job security will be a real issue next year.......

I'm obliged to point this out as this is a money saving site

You don't know the very best time to buy until its too late and I am lucky enough to work in a job where I don't have to worry about job security... I work for Currys

jon3001

sexysam wrote: »

Looking for house in Batley west Yorkshire.Top price we would pay for 2/3 bed is £12000

12 grand? I'd check out the auctions in a few years when prices have bottomed out. Maybe you can ask about repos.

jon3001

mrstinchcombe wrote: »

I am lucky enough to work in a job where I don't have to worry about job security... I work for Currys

Huh? I thought retailers were under pressure.

mr.broderick

mrstinchcombe wrote: »

You don't know the very best time to buy until its too late and I am lucky enough to work in a job where I don't have to worry about job security... I work for Currys

Is that a joke? Aren't they in trouble?