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Debate House Prices
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What size deposit do people on here have?
Comments
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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.
well if we're factoring in the future effect of the crash, then i have enough to get 2 gingerbread houses when they start giving them away in 2 for 1 deals.0 -
oldMcDonald wrote: »However the non traditional construction ones will be cheaper.
They would love the first two little pigs on Grand Designs, every second house on that program seems to be made from straw bails.
Kevin would be on extolling the imaginative use of locally sourced material...Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
Dithering_Dad wrote: »They would love the first two little pigs on Grand Designs, every second house on that program seems to be made from straw bails.
Kevin would be on extolling the imaginative use of locally sourced material...
how good would it be if at the end of grand designs, a massive wolf from the council planning dept came along and just blew down all the bits which breached the planning permission.0 -
I'm thanking you both, but not having a telly means that I don't know the programme you are talking about! However, you have said more than enough for me to get the gist of how the programme goes. Having had to sit through Property Ladder once when at someones house, it sounds like it would be of a similar type of programme?0
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oldMcDonald wrote: »Having had to sit through Property Ladder once when at someones house, it sounds like it would be of a similar type of programme?
Not at all.
It is often acclaimed as the most interesting of the "property !!!!!!" as it is very different to the rest.
It's different as it doesn't focus on the money. It's all about people building their dream, whatever that is, (but obviously it is often unusual, historically important, innovative etc etc), and usually living in it for the rest of their life it would seem.
Quite often we don't get to find out how much they've spent. It's often lots more than the property might be "worth" but these people usually don't care as it's not an investment (usually).
Easily the most interesting property program on TV0 -
JonnyBravo wrote: »Not at all.
It is often acclaimed as the most interesting of the "property !!!!!!" as it is very different to the rest.
It's different as it doesn't focus on the money. It's all about people building their dream, whatever that is, (but obviously it is often unusual, historically important, innovative etc etc), and usually living in it for the rest of their life it would seem.
Quite often we don't get to find out how much they've spent. It's often lots more than the property might be "worth" but these people usually don't care as it's not an investment (usually).
Easily the most interesting property program on TV
Thank you.
Still doesn't sound like it is worth my paying the licence fee in order to watch it, though!0 -
Oh, and Dopester.......
That new, replacement to the zombie piccy is just wishy-washy:p
I'm going to have to start a campaign to bring back the Dopester we all knew and loved:D0
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