We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
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!
Find the Nicest House for £45k...
Options
PasturesNew
Posts: 70,698 Forumite
After the big row in one of the threads about a £35k house being affordable - and the ensuing argument/discussion over whether it's a "nice" house at all .... if you're a tad bored why not try to find the nicest house you can for £45k.
Rules:
A proper house that looks like you could just move into it - and get a regular mortgage without any problem.
I've picked £45k as a house that could reasonably be bought at 3x single salary for somebody earning £15k....
Rules:
- No flats
- No mobile homes/boats/similar
- No auction properties
- Nothing that is a renovation property
- No shared ownership
- No holiday homes/chalets
- No short leases
- No unmortgageable 'non standard construction' dwellings
A proper house that looks like you could just move into it - and get a regular mortgage without any problem.
I've picked £45k as a house that could reasonably be bought at 3x single salary for somebody earning £15k....
0
Comments
-
This one looks OK: http://www.netmovers.co.uk/property/046460810
-
That's an auction property.0
-
Well you've broken your own rule!!
The house you posted above:
First line of the Property Description reads:
**FOR SALE BY AUCTION**"No likey no need to hit thanks button!":pHowever its always nice to be thanked if you feel mine and other people's posts here offer great advice:D So hit the button if you likey:rotfl:0 -
Yes, very nice, except that you did say not for sale by auction and that one is. So maybe stretch the criteria a tad.
If the criteria can be stretched a bit then some of the wood flat pack houses from Finland that supposedly can be assembled in just days look very nice and look like proper houses in the pictures and come in at the £20k-£45k mark - except that that doesn't include your land, of course, so that's another issue.0 -
-
I looked twice, didn't spot it was an auction. Doh. They don't make it easy do they!0
-
Oldernotwiser wrote: »
Looks like a repo. Certainly needs a refurb, so breaks the rules. Look at that bathroom: no toilet seat and what looks like a shower removed from the wall.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
That looks nice, but looks like there's "a story" behind it ... e.g. what happened in the bathroom???Oldernotwiser wrote: »0 -
-
I've picked £45k as a house that could reasonably be bought at 3x single salary for somebody earning £15k....
Are they getting 100% mortgage? I would have allowed something for a deposit.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards