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Debate House Prices
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FTB ONLY: The MSE Guide to reasons why putting off that purchase is a good idea.
Comments
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RenovationMan wrote: »Just read this thread and Im left with the impression that it should have been called:
FTB Only: The MSE Guide to reasons why you should make the most expensive purchase of your life based on your own analysis and criteria.
Yep. But at the time I was posting opposite titles to ghouly who was spamming the forum. The other threads fell off, leaving this one with a rather stupid title.0 -
I dont have a tracker, its about a 5% interest rate but my mortgage is quite small (to modern standards). I bought early 2000's. House was on the market for £50k and would be on the market today at ~110k (at a educated guess). At the time I got a £60k mortgage from good old Northern Rock. I do appriciate that I am in a fortunate position (mortgage size wise) now but have my father to thank for urging me to buy when he did. Good for him really cos shortly after the prices went mental and would not of been able to afford to buy.
Doh, low ltv or tracker is what I meant. Pleased for you, but alas, not anoption for us ftber0
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