Should we Gazunder???

zappahey

whitesatin wrote: »

And here's me thinking child benefit was to help feed and clothe a child.

And, if CB is taken away, from where comes the money that must now feed and clothe the child?

It is absurd to suggest that the removal of CB has no impact on family budgets.

dizziblonde

Oh my god I love how this has gone. First we had the "ohh this is a MoneySaving forum - they'll tell me I'm being awesome for it" line of reasoning. When that hit the sound of silence and people with morals we moved onto trying to play the economic cuts card - till someone inconveniently pointed out that we've known the cuts were coming for months and months.
Now we're crying about child benefit being the reason! What's going to be the next straw clutched at to justify your contemptible actions - the price of fish?

Loving it - just admit you're being an immoral money grabbing blackmail merchant - for that's basically what it is - blackmail that you'll withdraw from a sale where all have invested not-inconsiderable amounts of time, money and emotion into unless you get what you want.

Everyone in that chain is a person, a family (shockingly even likely to be losing child benefit), who've paid out money for solicitors, surveys, whatever else, who've started packing and planning their move - and you're wanting to hurt all of them. Even the deceased estate which means "no one gets hurt do they" - would you want someone to knock thousands off the legacy you've built for your children... nope.

I hope the vendor turns around and tells you to get stuffed to be honest. Oh and that the house nearby that's cheaper's been sold the day before the vendor tells you to get stuffed - and it's been sold by someone who won't entertain gazumping either.

citizen11

whitesatin wrote: »

And here's me thinking child benefit was to help feed and clothe a child.

What a ridiculous comment, it is to feed and clothe a child and they will still need feeding and clothing even though the benefit ceases. So money that was previously available for mortgage payments is now being spent on feeding and clothing a child.

citizen11

snowlady07 wrote: »

OP - do what you want but stop moaning. You're quite happy to screw over lots of people due to child benefit being cut for HIGH RATE tax payers in 3 years time. Sounds like an excuse to me.

Why does it sound like an excuse? It is less than 3 years time and the mortgage is 25 years. It would be short sighted of me not to consider the income loss. Fact is I am only just a high rate payer so my gross income will need to increase by about 10% just to stand still.

citizen11

dizziblonde wrote: »

Oh my god I love how this has gone. First we had the "ohh this is a MoneySaving forum - they'll tell me I'm being awesome for it" line of reasoning. When that hit the sound of silence and people with morals we moved onto trying to play the economic cuts card - till someone inconveniently pointed out that we've known the cuts were coming for months and months.
Now we're crying about child benefit being the reason! What's going to be the next straw clutched at to justify your contemptible actions - the price of fish?

Loving it - just admit you're being an immoral money grabbing blackmail merchant - for that's basically what it is - blackmail that you'll withdraw from a sale where all have invested not-inconsiderable amounts of time, money and emotion into unless you get what you want.

Everyone in that chain is a person, a family (shockingly even likely to be losing child benefit), who've paid out money for solicitors, surveys, whatever else, who've started packing and planning their move - and you're wanting to hurt all of them. Even the deceased estate which means "no one gets hurt do they" - would you want someone to knock thousands off the legacy you've built for your children... nope.

I hope the vendor turns around and tells you to get stuffed to be honest. Oh and that the house nearby that's cheaper's been sold the day before the vendor tells you to get stuffed - and it's been sold by someone who won't entertain gazumping either.

Okay you think I'm contemptible, I've noted it and you clearly feel quite strongly about it. Perhaps now that you can see I've read your post you won't feel the need to post again until you have something new to add.

melancholly

hehehe - OP - what were you thinking??! did you think anyone would say 'good on you'?!? honestly, i have nothing to add that hasn't been said, but i can't even think why you would expect a positive reaction or why you would come back and get tetchy when your attitude provoked the negative response on here!

citizen11

melancholly wrote: »

hehehe - OP - what were you thinking??! did you think anyone would say 'good on you'?!? honestly, i have nothing to add that hasn't been said, but i can't even think why you would expect a positive reaction or why you would come back and get tetchy when your attitude provoked the negative response on here!

You're absolutely right. Thanks for your feedback every one I'll let you know how it turns out.

jmt

Having followed this thread, I think like you OP I am going to pull out. I can afford the property and I like it, but I don't want to make the wrong decision.

jw2003

I think, if you are doing this because of the impact to your financial situation then you should be pretty straight with your EA and vendors and explain the reason. I don't necessarily agree with it however it would be worse for you to take out a mortgage that you will be unable to afford soon.

If you are doing it because of recent housing trends then maybe you shouldn't be buying a house at all, I don't know what it's like where you live but here it is definitely cheaper to buy your house than it is to rent so therefore buying at the originally agreed price would still be the most viable option.

22225

I think that the OP is completely right. Being a higher rate tax payer doesn't mean you are really rich and I think he/she is wise to be reconsidering now, due to the announcements made recently. I think you should explain to the vendors and if they want to drop you and re market then so be it. It is your life and a lot of money. Don't let the other people on here bully you into sticking to the deal, because I think as your circumstances have changed then that's fair enough. that happens when it takes three months to buy a house. do what is best for you. if the vendors don't like it they can remarket - they might get more for it than you offered. yes they might be stressed but selling a house is stressful anyway. do what is right for you - others will get over it.