Why FTB should Resisit buying now and Save instead! explained

chucky

pandamonia wrote: »

if you buy a house next year they you will not lose out at all? - again my original point

i told you that my bmw is paid for by my company so i wont lose anything, ill actualy profit since its my asset.

you can buy now and still not lose money.

you do realise that you don't have to pay the asking price

confused31_2

whats that old song by Jimmy nail???

it goes aint not doubt its plain to see!!! pandamonia no good for me
why does he pretend!!!!
he's lying!!!!!

pandamonia

Confused31 and Really2 welcome to ignore since u have nothing contructive to add to this forum i dont need to read the crap you post.

cya

Really2

pandamonia wrote: »

Confused31 and Really2 welcome to ignore since u have nothing contructive to add to this forum i dont need to read the crap you post.

cya

What that you said you earn over £40K

pandamonia wrote: »

4 holidays a year abroad 2 winter 2 summer, 35k on a bmw, and 10k invested in USD which im about to cash. the 10k USD is my deposit which will now be more since i bought at 1.97 and now its about 1.4

Spend all you money on holidays and a £35K car (£700 of your wages you stated).

pandamonia wrote: »

saving £700 doesnt mean thats all i have, i have £700 car payment also i pay into bonds and have bought 5k worth of barclays shares when they hit about 40p

Then say you company pay for it but you own it.

I say house prices could fall next year and you are likely two go through at least 2 more busts as an owner and you dont like it.

Do you live next two a cow poo refinary or is it just Bull !!!!!!:rolleyes:

housesitter

When the lies start to unravel the coward is revealed.

confused31_2

housesitter wrote: »

When the lies start to unravel the coward is revealed.

Its a shame really in the end he got himself into a right little tizz, and didnt know what he was saying, just hope he dont take it out on any people who are close to him, has i suspect he his one very frustrated young man at the moment.:mad:

mramra

confused31 wrote: »

Its a shame really in the end he got himself into a right little tizz, and didnt know what he was saying, just hope he dont take it out on any people who are close to him, has i suspect he his one very frustrated young man at the moment.:mad:

He's probably gone off on a holiday!

twirlypinky

pandamonia wrote: »

i see your point but negative equity could hit you even with 20% deposit and if u lose your job you will lose your 20% times are uncertain so making the most important purchase of your life cant wait 1 year?

also your sig shows yours in pretty decent debt.

Which is why I said "if".

confused31_2

either that or hes gone to polish his car lol:D

housesitter

confused31 wrote: »

didnt know what he was saying, just hope he dont take it out on any people who are close to him

Well, if nothing else he'd be wonerful as a court jester. Some of the comments made by others at his encouraging have brightened up my day.
God bless internet trolls.

pandamonia wrote: »

if u lose your job you will lose your 20%

Sound financial planning suggests that a contingency fund is entirely seperate to a house deposit fund, and continues to be so once to house is bought. You keep that to pay the rent or mortgage IF you lose a job with enough time to give you chance to find something else or get a temp job at ASDA etc.

Just in case you hadn't thought of that yet...