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Where Are They Now?
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OMG! I bought at the height of the boom, two years later needed to sell and made hardly a penny even though the house had been improved (new kitchen and bathroom, re-wired etc) and decorated. Oh hang on that was 1973, the house cost me £5,200, now selling for £150,000+ (some went for £180,00 about 18 months two years ago.) Moved on to a bigger house, had a home for the last 36 years, mortgage paid off long ago. I suppose I could have sold for more a year or two ago but all in all I can't complain.Sell £1500
2831.00/£15000 -
"do not cast your pearls amongst swine lest they trample them and then turn on you":rotfl::rotfl:It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
"do not cast your pearls amongst swine lest they trample them and then turn on you":rotfl::rotfl:
I suppose if are a bear who joined before the market started to drop, was that about Aug 07?, you have at least one leg to stand on'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
YOU FOOL ... THE SPECIFIC HOUSE HAS GONE FROM 279K TO 229K AND INTEREST EARNED FROM BANK =70K...I KNOW WHAT HOUSE I WANT AND SO FAR I HAVE SAVED MYSELF 70K :rotfl::rotfl::rotfl::rotfl:
I completely agree with you Geoff.
This time two years ago I really had my eye on 20,000 fantastic Royal Bank of Scotland shares. They were perfect for me: nice dividend, lovely share certificate, nice tracker on Google. But fools were buying them for £6 a share in some sort of inflated bank bubble. So I waited and bought my 20,000 last week for just 10p each. I've saved myself a massive £55k.
I've made so much money. Can't wait to spend my £55k on something amazing.0 -
Where Are They Now?
Seems they never really went away. Just tried new tactics of spoiling every thread with pointless nitpicking, or attacking the poster for whatever spurious reason. Creating multiple thanking buddies / dancing partners also helps it along.
Thing is, it doesn't matter anymore. There's no doubt about prices falling, or continuing to fall. About BTL being a fools gold. Mewing leading to debt despair.
Game over.0 -
Where Are They Now?
Seems they never really went away. Just tried new tactics of spoiling every thread with pointless nitpicking, or attacking the poster for whatever spurious reason. Creating multiple thanking buddies / dancing partners also helps it along.
Thing is, it doesn't matter anymore. There's no doubt about prices falling, or continuing to fall. About BTL being a fools gold. Mewing leading to debt despair.
Game over.
Does you other logon / alias think the same?
(Just joining in the fun)0 -
mystic_trev wrote: »Research the areas that you are considering. In my opinion Londons crashing right now, Ive said this elsewhere on here a) anecdotal evidence is saying that many potential tenants are able to barter down the rates of letting ( I heard of someone only last night who has a room in a houseshare on V expensive clapham common, mass victoria house, double en suite for only £350 a month- Ive never heard of rents so low here in London) b) massive amount of voids c) lots of ex BTL properties on the market in London ( particulalry smaller 1/2 bed flats) with vacant posession. those flats are no more expensive than they were when I was looking to buy about 2 years ago.
LOL me back in 06. Incidentally my mate is STILL paying 350 pcm in Clapham:beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
Theres no dollar sign on piece of mind
This Ive come to know...
So if you agree have a drink with me, raise your glasses for a toast :beer:0 -
Where Are They Now?
Seems they never really went away. Just tried new tactics of spoiling every thread with pointless nitpicking, or attacking the poster for whatever spurious reason. Creating multiple thanking buddies / dancing partners also helps it along.
Thing is, it doesn't matter anymore. There's no doubt about prices falling, or continuing to fall. About BTL being a fools gold. Mewing leading to debt despair.
Game over.
Good of you to own up :T Did it used to be MEWbie ?'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Where Are They Now?
Seems they never really went away. Just tried new tactics of spoiling every thread with pointless nitpicking, or attacking the poster for whatever spurious reason. Creating multiple thanking buddies / dancing partners also helps it along.
Thing is, it doesn't matter anymore. There's no doubt about prices falling, or continuing to fall. About BTL being a fools gold. Mewing leading to debt despair.
Game over.
bad day Mewbs?0
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