The ultimate incentive proposed! Buying a house, a wedding, and staying debt free.

Cinny91

Dinah - couldn't you try and privately book him? The place looks pretty nice but my gosh, the site is all over the place. Way too many flashy things going on!

Just done a very very bad thing. Looking on RightMove I found this flat. It's in a perfect location, with a garage for my Vespa! Plus using my Premium bonds as a deposit it would only be £220 a month for the mortgage. I really should ban Rightmove on my computer.

clearmydebts

Cinny91 wrote: »

Dinah - couldn't you try and privately book him? The place looks pretty nice but my gosh, the site is all over the place. Way too many flashy things going on!

Just done a very very bad thing. Looking on RightMove I found this flat. It's in a perfect location, with a garage for my Vespa! Plus using my Premium bonds as a deposit it would only be £220 a month for the mortgage. I really should ban Rightmove on my computer.

Wow, that is so cheap! Are you tempted Cinny?

Dinah93

Why is that a bad thing Cinny, I think that flat could be a fantastic investment. obviously you were planning to rent with your OH before buying, but could you not buy it and him pay you half the mortgage as rent, and just split the bills 50-50? You could always rent it out in future if you want to move elsewhere, I think that looks like an incredable oppertunity. It's freehold not leasehold as well.

would you have the money to do the required internal works?

ETA: Haven't gone on any wedding forums, would you recomend any above another?

Tete_en_l'Air

I know what you mean about the site Cinny - the pics wouldn't stay still long enough for you to have a proper look!

That looks a nice building, are there no interior pics?

clearmydebts

Dinah93 wrote: »

Why is that a bad thing Cinny, I think that flat could be a fantastic investment. obviously you were planning to rent with your OH before buying, but could you not buy it and him pay you half the mortgage as rent, and just split the bills 50-50? You could always rent it out in future if you want to move elsewhere, I think that looks like an incredable oppertunity. It's freehold not leasehold as well.

would you have the money to do the required internal works?

ETA: Haven't gone on any wedding forums, would you recomend any above another?

The Confetti site was quite busy and I found the girls on there really nice, http://www.confetti.co.uk/

Yeah, the flat seems like a great investment. I agree with what Dinah said above

Cinny91

I would be able to borrow some money from my Grandad any works, Plus I'd be able to use the family company for the works so it should be quite cheap.

I think the problem is that place is perfect. But I don't think I'm quite ready to face the big world just yet? Also, what bank would give an 18 year old a mortgage?!

It is such a pretty house though, me and my mum pass it quite alot and I think 'how amazing would it be to live there?'

ETA: Looking at the energy ratings and it's in band G. That isn't good!

clearmydebts

Cinny91 wrote: »

I would be able to borrow some money from my Grandad any works, Plus I'd be able to use the family company for the works so it should be quite cheap.

I think the problem is that place is perfect. But I don't think I'm quite ready to face the big world just yet? Also, what bank would give an 18 year old a mortgage?!

It is such a pretty house though, me and my mum pass it quite alot and I think 'how amazing would it be to live there?'

ETA: Looking at the energy ratings and it's in band G. That isn't good!

I think it depends on whether you want to leave home or not. I left when I was 17 but went to uni so a mortgage wouldn't have been an option.

Once you have paid all your fees and the mortgage is set up it does become just like renting, you forget it is a mortgage as it is just another expense. If you want to go travelling in the future you could always rent it out. We rented our flat out in Scotland and 99% of the time I forget we even own it.

Do you have a deposit though? They will probably want a 10 if not 20% deposit from you.

Cinny91

I'd have 11k for the deposit. It's just a matter of surveys, application fees ect. That's what I really don't have the money for.

I've printed the thing off anyways. My Dad is after me, my brother and cousin putting our money into property. So I could always just suggest this, then suggest I rent it

I think if I was to move out I'd be fine, just a matter of cutting the apron strings. I'd miss my mum!

clearmydebts

There was something I wanted to run by you ladies. The funeral for my cousins little boy is today. I have decided not to go as I was meant to meet her this weekend to chat about babies (haven't seen her in about 3 years & we aren't close) and I feel I would be a reminder of someone who still is pregnant. I don't want to cause further distress and feel that I might.

Does that seem like the right thing to do?

clearmydebts

Cinny91 wrote: »

I'd have 11k for the deposit. It's just a matter of surveys, application fees ect. That's what I really don't have the money for.

I've printed the thing off anyways. My Dad is after me, my brother and cousin putting our money into property. So I could always just suggest this, then suggest I rent it

I think if I was to move out I'd be fine, just a matter of cutting the apron strings. I'd miss my mum!

Aw that is so sweet! You don't have to cut them yet if you don't want to though, you are still very young. My brother didn't cut them til he was 27!

Is the flat near your Mum and Dad, so they could pop in?