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!
Tragic case... "This website has failed"
Comments
-
HAMISH_MCTAVISH wrote: »Delayed purchase since 2004.....
No. He said he should have commited a crime by lieing on a mortgage application 6 years ago.
Your determination to use a poor fellow like this as fodder to push your own agenda is at least as pathetic as the attitude of others who laugh at people who've lost out.
Higher house prices will leave even more people trapped in a position where they can't buy (legitimately) just like he has been. This is what happens when the bulls get what they want.HAMISH_MCTAVISH wrote: »A cautionary tale on the very real dangers of trying to speculate on timing the markets... And listening to bad advice on the internet.
Don't worry Hamish no one's listening to you
Having a signature removed for mentioning the removal of a previous signature. Blackwhite bellyfeel double plus good...0 -
-
HAMISH_MCTAVISH wrote: »
2 years of mortgage interest payments if you're unemployed for more than 3 months.
Of course, if you have savings, even as a renter, you get nothing until you've spent it all.
Could I just correct this statement.
Over 16k in savings and you will get nothing, over 6k but under 16k there will be reduced payments, the payments will gradually go up the less savings you have until you have under 6k of savings when you will get full benefits.
So not quite spent it all.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 -
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HPC is a wonderful site.
Without it, I wouldnt be living in a house I cant afford to buy, but the rent is lower than a mortgage on a house 1/2 it's size.
.
If you had bought in 2004 you might have a mortgage interest rate of less than 1.5%
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
No. He said he should have commited a crime by lieing on a mortgage application 6 years ago.
Residual brainwashing.
The truth is if he bought a house 6 years ago he could have got a 100% mortgage and be paying pretty much the same as the rent then, and WAY less than rent now.
A bitter pill to swallow, no doubt.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Do you feel sorry for genuine people that have been priced out of buying a property, and had never even visited HPC ?
Not all homeowners are hard working people, are they Sibley ? I know of one homeowner who is not particularly hard working, and is rather pleased that he doesn't have to work too hard.
I don't think anyone is priced out.
A first time buy should be a flat not a 4 bedroom detached house. The sooner people accept this the better.
HPC website brainwashed people into believing they would get a massive house at 70% off asking prices. It didn't happen and now people have lost a few years on their house purchase.
The idiots on there now haven't got any means of buying. White trash.We love Sarah O Grady0 -
HAMISH_MCTAVISH wrote: »Residual brainwashing.
The truth is if he bought a house 6 years ago he could have got a 100% mortgage and be paying pretty much the same as the rent then, and WAY less than rent now.
A bitter pill to swallow, no doubt.
Must be a real sinking feeling when they realise that
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
HAMISH_MCTAVISH wrote: »Near enough....
Well yes but you could still be looked after a little bit with say 10k in savings. 6k in savings is still nothing to be sneezed at as it gives you a bit of a cushion but as you say, 6k is not a lot in the grand scheme of things (even though 6k to me right now would be a bloody fortune
) 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 -
Think I'll coin a new phrase...... the boomaholic.
Definition - those who overstretched, lied on their mortgage form, over indebted, hope house prices don't fall and push them over the edge, hope one day the easy money will return so they can continue to sell bits of the UK to each for ever increasing prices.
Ladies & gentlemen....... I give you the Boomaholic.Have owned outright since Sept 2009, however I'm of the firm belief that high prices are a cancer on society, they have sucked money out of the economy, handing it to banks who've squandered it.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards