We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
BTL, yields and auctions
Comments
-
I have enough to buy outright. And, I'm moving out of here next month.nollag2006 wrote: »Although it might be tight, from a cash flow perspective in the first year or two for you, it will be worth it putting that nestegg into a property of your own now, rather than being forced to live in a rental property that you don't like.
Don't forget, the other benefit is that once you can start to overpay in later years, then the mortgage debt (and associated payments) will quickly fall away
Where I eventually buy a house won't be anywhere near where I am now, but I don't know where it will be... probably 100-150 miles from here in 3-5 years' time.0 -
PasturesNew wrote: »I just tried to use that one and had no idea what it was telling me. It gave me a bar chart, with all green bars (green bars were growing over time) - but no clue what it meant.
The green bars show the benefit of ownership over rental. The fact that they were green and growing is good news for you.
Good luck in your house purchase.
I don't know what the market will do, more than anyone else on here does, but my sense is that it will rise steadily over the next few years, albeit not at the rate we have seen since February.
It could be that this could be a very astute move for you PasturesNew. Best of luck to you !0 -
PasturesNew wrote: »some of them are quite attractive sounding.... with waterside locations and water views, glass walls leading to large balconies, on site gym/pool, etc.
The sound proofing can be pretty dire, though....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
And to give balance...not all social housing tenants are chavs!We made it! All three boys have graduated, it's been hard work but it shows there is a possibility of a chance of normal (ish) life after a diagnosis (or two) of ASD. It's not been the easiest route but I am so glad I ignored everything and everyone and did my own therapies with them.
Eldests' EDS diagnosis 4.5.10, mine 13.1.11 eekk - now having fun and games as a wheelchair user.0 -
I wonder, lack of funding, fears of further drops ( if I was a BTLer, with a double digit yield, price drops wouldn`t concern me. Anyway, seems like a change of sentiment. Ah it`s different this time.
Possibly a potential problem in the near future will be the willingness of another government to pay Housing Benefit to allow landlords to enjoy 12% yields.US housing: it's not a bubble
Moneyweek, December 20050 -
nollag2006 wrote: »So people who live in new build flats are all chavs?
What a nasty piece of work you are
New builds are nick named chav flats round here. All bling, brash and show. It doesn`t refer to those who inhabit them.0 -
PasturesNew wrote: »As a single person, what annoys me is the amount of rent I can afford is less than chavs get for LHA ... so chavs can live in better/bigger places than I do.
I couldn't afford a new build rental.
(Usual caveat about my savings/being tight: that's to buy a house so entirely ignored; I live within my means/income on a month-by-month basis). Obviously I can afford to spend what the heck I like, when I like ... I'm just tight about my nestegg.
Lets get the violins out, another woe is me post from our resident miser. you chose to sell your house and sit on the money, you chose to live in squallor so that you can increase that money.
Poor old EbenezersNew has to eat gruel while chavs live like kings. yeah right, the difference being that people on LHA dont have 200 grand in the bank. miser.0 -
One thing that makes me laugh is the way they name these blocks.
Years ago we may have had Cavandish House, Marlborough Court, Lancaster Towers, all sounding rather grand.
Now they get names like Splash, Zero Four. Who thinks those names up?0 -
Lets get the violins out, another woe is me post from our resident miser. you chose to sell your house and sit on the money, you chose to live in squallor so that you can increase that money.
Poor old EbenezersNew has to eat gruel while chavs live like kings. yeah right, the difference being that people on LHA dont have 200 grand in the bank. miser.
You're not a very nice person are you?
There are reasons behind why PN is careful and blooming good reasons they are too!We made it! All three boys have graduated, it's been hard work but it shows there is a possibility of a chance of normal (ish) life after a diagnosis (or two) of ASD. It's not been the easiest route but I am so glad I ignored everything and everyone and did my own therapies with them.
Eldests' EDS diagnosis 4.5.10, mine 13.1.11 eekk - now having fun and games as a wheelchair user.0 -
One thing that makes me laugh is the way they name these blocks.
Years ago we may have had Cavandish House, Marlborough Court, Lancaster Towers, all sounding rather grand.
Now they get names like Splash, Zero Four. Who thinks those names up?
I'm glad something makes you laugh pobby.
I'm always a bit worried you spend your time tutting and shaking your head, worrying how it's not like it used to be.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards