Irresponsible Borrowers

darkblue_2

MegaMiniMouse wrote: »

WRONG! they pay what they can borrow...

WRONG! The banks didn't.

PasturesNew

MegaMiniMouse wrote: »

Honey, my place is ideal - I live in one room of a 3-storey townhouse (with ensuite), and I have two lodgers - the income massively exceeds the outgoings, and my house is for sale (it has a garage and front and back gardens) - what are you waiting for? Sidegate? Shed?.. all included...

It's a townhouse... I don't do stairs. I am quite clumsy and in my later years this won't be improving.

I am waiting for .... a panoramic sea view, with all of my previous wish list, at a price I can afford, in one of several areas. Private beach access would be good too, but not essential if the garden overlooks it.

PasturesNew

Oh ... and before I forget ... I bet your place is an over-priced shoebox

darkblue_2

PasturesNew wrote: »

It's a townhouse... I don't do stairs. I am quite clumsy and in my later years this won't be improving.

I am waiting for .... a panoramic sea view, with all of my previous wish list, at a price I can afford, in one of several areas. Private beach access would be good too, but not essential if the garden overlooks it.

For you, my friend, a steal at £200,000

MegaMiniMouse

PasturesNew wrote: »

It's a townhouse... I don't do stairs. I am quite clumsy and in my later years this won't be improving.

I am waiting for .... a panoramic sea view, with all of my previous wish list, at a price I can afford, in one of several areas. Private beach access would be good too, but not essential if the garden overlooks it.

A 125% mortgage will probably be essential in your case!

PasturesNew

darkblue wrote: »

For you, my friend, a steal at £200,000

Perfect

PasturesNew

MegaMiniMouse wrote: »

A 125% mortgage will probably be essential in your case!

I am unmortgageable ... due to having a tiny income and no actual "job". Which is why I won't be over-stretching myself when I buy a house.

Graham_Devon

PasturesNew wrote: »

I can answer this one ... as a single person who might have to buy a 4-bed detached house.

I don't want or need more than one bedroom. But, downstairs there are things I want.

I want a kitchen diner, a downstairs loo and a utility. Now, to get those, they'd also throw in a living room. Add that lot together for floorspace and upstairs you find four dinky sleeping areas.

I also want a garage, sidegate and shed. By the time a property's got those, it's usually detached.

So, you HAVE to get a 4-bed detached house, just to get the things you want.

They don't build many 1-bed places with: kitchen/diner, utility, downstairs loo, en-suite bathroom, garage, driveway, sidegate, garden shed ..... and if they did, it'd be probably pricier than a standard 4-bed house.

May I suggest a bungalow!?

Normally 2-3 beds, plus some of them are very spacious. Downstairs toilet thrown in

PasturesNew

Graham_Devon wrote: »

May I suggest a bungalow!?

Normally 2-3 beds, plus some of them are very spacious. Downstairs toilet thrown in

Not as many of them built.
Gardens tend to be either too big for me, or non existant.
In the wrong places mostly

.... although I do have my eye on one I might view .... that probably meets all my criteria, except the criteria I have about being able to walk away with a spot of savings left in the bank.

darkblue_2

Hold long enough and taunt them with newspaper clippings warning of higher interest rates very soon...