What size deposit do people on here have?

oldMcDonald

We are currently on 81% of the purchase price of the kind of house we are looking to buy.

To the posters who are replying to this thread, are you also factoring in costs eg: solicitor, removals etc., or do you have a seperate 'pot' for this?

^!£$&

oldMcDonald wrote: »

We are currently on 81% of the purchase price of the kind of house we are looking to buy.

To the posters who are replying to this thread, are you also factoring in costs eg: solicitor, removals etc., or do you have a seperate 'pot' for this?

I have a separate pot thats a bit sparse at the moment but Im working on it!!

lostinrates

oldMcDonald wrote: »

We are currently on 81% of the purchase price of the kind of house we are looking to buy.

To the posters who are replying to this thread, are you also factoring in costs eg: solicitor, removals etc., or do you have a seperate 'pot' for this?

We factor in stamp duty, which for us is going to be the biggest 'extra'.

We plan to do removals ourself, as and when....getting our stuff in storage out ASAP to stem the payment we make for storage, and taking stuff from my parents house as we can.

chewmylegoff

i've got enough to put down a significant deposit on the gingerbread house from that hanzel & gretel story.

Dithering_Dad

chewmylegoff wrote: »

i've got enough to put down a significant deposit on the gingerbread house from that hanzel & gretel story.

It'll turn to goo when it rains. Might wanna rethink and buy the house from the three pigs. The one made from bricks, not straw or wood, mind.

oldMcDonald

Dithering_Dad wrote: »

It'll turn to goo when it rains. Might wanna rethink and buy the house from the three pigs. The one made from bricks, not straw or wood, mind.

However the non traditional construction ones will be cheaper.

dopester

MrDT wrote: »

We have 34% of the asking price of an "almost perfect" (3 bed, semi, drive, garage, garden front and rear, new kitchen) house saved up. Shame the location wasn't quite right else we could have been tempted to buy sooner rather than later.

I should qualify my own 100% deposit claim with the admission I'm projecting in to the crash to have 100%.

My 100% buying now wouldn't get me much at all. I'd be hard pressed to buy a flat for my 100% in a troublesome area.

I'm reluctant to spend towards £100K but would do so if the property met all my criteria, and buy whilst acknowledging losses ahead.

£50K should be enough to purchase a nice 2-3 bed terrace or cottage in a decent area and location due to the severity of the deflationary contraction that is just taking hold.

If the opportunity presented itself though for something very special indeed, I'd push to a slightly higher maximum of say £120K, but it would have to be a really fine house.. something priced up about £400K - £500K in the current market.

oldMcDonald

Dopester, what's with the 'zombie death house'? What happened to the old Dopester piccie?

dopester

oldMcDonald wrote: »

Dopester, what's with the 'zombie death house'? What happened to the old Dopester piccie?

It was too eco and soft - although it reflected my hopes where people can realise we can live pretty decent and good lives, fulfilled with what is really important (family, friends, learning, adventures, peace, work we enjoy and work with real wealth creation).

Rather than the mess society has gotten in to by wanting house prices to forever get more expensive. Society has been done no favours by it.

A small counter to this country's obsession with high property prices being the very core of what their life is focussed on. The desire to see it keep on capital gaining them to riches regardless of how stupid that is.

Now there seem to be many more "crash-over", "HPI lift-off" claims, and so I felt a more aggressive-style avatar which reflects my outlook for the market was appropriate for a while.

oldMcDonald

Oh. I think I quite liked the 'eco and soft' Dopester.

I find the new Dopester a little scary