My wife is doing my head in , Please Help !!!!

beaujolais-nouveau

dorsetjohn wrote: »

The home of the Sailing events for the 2012 Olympics

Well, that phenomenon may well push up house prices.

I am with your wife, here, I am afraid. I could understand it if she felt that she wanted to move "only one more time"; or wanted somewhere where she knew she would have 30 or 40 years to watch her garden grow (some things take that long to reach their full magnificence); or if she is more risk-averse than you are (more than likely, as you were in the armed forces). It is by no means sure that, were several banks to collapse, the Govt would be able to honour that £50K promise to everyone. And, speaking as someone who is extremely risk-averse, the current situation makes me very nervous about having any significant credit at any bank or even - now that the Dunfermline Building Society has demonstrated that mutuals are not safe as houses - building society.

I would put your money where you can see it, touch it, shelter from the weather within it, grow stuff to eat around it.

Just my three ha'pence'orth.

Edited to add: given that your wife has had to follow you round the world while you were still in the armed forces, living in crap military accommodation, never having anywhere to put her own style to, moving on just when you had got to know the neighbours - it is very hard on a woman, all that - I think that you owe her, actually.

beaujolais-nouveau

dorsetjohn wrote: »

will look at the egg account , thanks

Egg is Citibank, of course. You must do your homework - the £50K guarantee applies only to each institution, not each bank. I mean, you may have your money spread across three banks that are all owned by the one same institution (especially nowadays), so you would receive (if you received) only one lot of £50K. There is a list somewhere on the web of which banks are owned by which institutions.

handful

I think a bit of good old fashioned manipulation is called for here. Tell her you think she is right and that you should start to look, and then just not like any house she suggests!! That will buy you enough time to relent and like something when you feel the time is right.

In other words, let her think she is getting her way whilst all the time you are in control.;)

morg_monster

Sorry but you won't be able to get the Egg money card for the 4% savings rate, they aren't doing that product for new customers anymore. (I have it, lucky me, getting ready to transfer most of my savings across to it once my Egg fixed rate savings ends in June.)

I agree with beaujolais. You are never going to be able to buy at "exactly" the right time. With such a big deposit you aren't in danger of losing the house or getting into any financial trouble due to the mortgage. You say yourself you have a secure job and a good pension. I would start looking now and enjoy the extra months/years of happiness. It isn't all about wringing every last drop of discount out of this housing crash, in my personal opinion.

Conrad

Placing fear of money ticket loss at the top of ones agenda, would indicate a lack of courage, and perhaps reveal ones greatest love is the elivation of thier status above others through accumulation. Is that what building love and life boils down to?

Conrad

handful wrote: »

I think a bit of good old fashioned manipulation is called for here. Tell her you think she is right and that you should start to look, and then just not like any house she suggests!! That will buy you enough time to relent and like something when you feel the time is right.

In other words, let her think she is getting her way whilst all the time you are in control.;)

Why would anyone in a loving relationship seek to manipulate thier partner?
I like everuything equal and consentual, joint Bank account etc. Let's argue the OP saves £25,000 by waiting. Thats £2.74 per day to keep your missus happy - where do I sign!:rotfl:

poet123

If I were you I would just hope that no one points your wife in the direction of this thread!

I agree with Conrad.......money is not everything. If your wife has moved constantly with your job maybe she is craving security, and roots,what price that?

Dithering_Dad

If you believe that house prices are going to fall much further over the next two or three years (or more), then you should try to get hold of sales details for homes that were for sale at the peak of the market and similar sized/located homes that are up for sale now. Choose homes that reflect the type of house you will be considering buying.

Your wife will then be able to compare the prices between the two periods and it'll provide graphic proof that it was worth waiting to buy because now you can either buy a home with a much smaller mortgage or you can afford to buy a 'better' home with the same sized mortgage.

You can then argue (if you believe it) that house prices are going to fall by a further 20/30/40/50/60/70 or 80% and that you could get an equivalent home and have next to no mortgage (or buy an amazing home with a standard sized mortgage) by waiting a further 12/24/36/48 or 60 months.

Be prepared though for logic to be thrown out of the window and to be marched off to the estate agent. Three years ago I mentioned STRing our house and I was left in no doubt as the strength of the female 'nesting' instinct! :eek:

Alan_M_2

In your position I'd browse in a "I'll buy if I stumble across the perfect home" kind of way, but not be too bothered if it doesn't appear as we're in a nice place and a good position.

That appeases the missus.

You're not racing to beat rampant inflation, your looking for a long term home. Just keeping looking and sooner or later the right place will land in your lap and you get less earache.

thegibdog

Conrad wrote: »

Placing fear of money ticket loss at the top of ones agenda, would indicate a lack of courage, and perhaps reveal ones greatest love is the elivation of thier status above others through accumulation. Is that what building love and life boils down to?

There has been some amusing posts on this thread but that has to be the funniest!