A question for the regulars planning to buy houses

Graham_Devon

Dan: wrote: »

Well don't bang on about "being a mortgage slave" and then deny you have one.

I'm actually sat here laughing at you Dan.

Can see you getting more and more worked up about me "not getting the point".

I said I do not want to be a mortgage slave. That is correct. I did not deny I had a mortgage at any point. I did say I didn't have a cat though, so I see where the confussion lies.

I am not currently a slave to a mortgage. Or a cat for that matter.

I do not therefore want to become one.

Comprende?

LilacPixie

i'm not a regular poster but usually lurk quite a bit. We are looking to buy (and sell) but we have no 'trigger' as such. We are looking for a home not an investment as such. I want to buy the best home we can with our availible budget and 20%+ deposit. For us time is a barrier, young kids, need more outdoor space etc.

mewbie_2

My OH says we will buy when the recession is over. He doesn't believe all the rubbish the government talks about green shoots. So we are saving like mad, and keeping any eye on the market. I check PropertyBee regularly so we have a feel for what is really happening. My OH's dad is a real expert on the economic matters, and is good enough to post on top money saving forums. He says another 10% off next year, so we'd be mad to waste a load of money trying to buy a house now.

Afriend_2

LilacPixie wrote: »

i'm not a regular poster but usually lurk quite a bit. We are looking to buy (and sell) but we have no 'trigger' as such. We are looking for a home not an investment as such. I want to buy the best home we can with our availible budget and 20%+ deposit. For us time is a barrier, young kids, need more outdoor space etc.

I see you live in Scotland. We have a resident poster called Hamish, who's (apparently) an expert on the Scottish market.

LilacPixie

Afriend wrote: »

I see you live in Scotland. We have a resident poster called Hamish, who's (apparently) an expert on the Scottish market.

I've seen some of the post from Hamish. I live around an hour south of Aberdeen.

mewbie_2

I work in a shop, get about 12k a year. Live at home. No chance of buying anything. But my mates and I have one night out a week at SlapUps which is the club where the Birmingham City footballers sometimes hang out. My mum says if I could get a footballer I wouldn't have money worries like her and dad ever again.

When I get depressed about house prices and never having a hope, my dad says you shouldn't believe everything you read on the internet. He says they are going to get a whole lot cheaper.

They will do if I marry a centre forward.

Geeves1980

MrG and I will buy somewhere when we can get a standard 2 bed house, within walking distance to the train station, in a non s!!!*y area, where I can send our kids to school without worrying about them getting beaten up for being able to read, with a 15-20% deposit.

At the moment we have £15k (and by we, I mean mainly him!) and that won't even get us a small 2 bed ex local authority flat in said areas.

As we don't have the kids yet and I'm not allowed for another year or two, we're in no rush to buy and will just save up more and enjoy our lives.

sjaypink

the more i read on here, esp about potential interest rate rises, the more i think about £80k would be a do-able figure for me... but the (cheap) houses here are still around £130-150

oh dear :cool:

Gwhiz

To answer OP. I've been renting for 16 months and last week offered on a plot of land. reason - prices now at a level I feel is sensible.

sjaypink

Gwhiz wrote: »

To answer OP. I've been renting for 16 months and last week offered on a plot of land. reason - prices now at a level I feel is sensible.

land values? build costs? house prices? or all of them?

eta: does it have pp? how much did you pay? -feel free to ignore me if im too nosy!