Mainstream media article says it's not lending, its prices.

IveSeenTheLight

StevieJ wrote: »

It can be quite healthy for children to encounter 'strangers' not to mention other kids (nursery) during their formative years, a combination of the two is probably the ideal.

True, however we've not been convinced by the nurseries we've looked at.
We mix up our kids daily environment, classes etc.

There's plenty of time for further development at Pre-school

IveSeenTheLight

Percy1983 wrote: »

See we have been working hard to get a deposit while young, so won't of been in the house too long before we have children, to which we couldn't afford to drop down to 1 income.

I saved for about 3 years for my deposit.
I was 27, my wife 22

We had our first kid when I was 35 / wife 30, so 8 years of massively paying down the mortgage before our first kid came along.

Percy1983 wrote: »

By all means I don't expect it handed to me on a plate, but it would be nice if it was at least as easy as the generation before. Yes I know its not and I am just getting on with it, but as I say it would be nice.

How about the generation before that, and the generation before that.
The last generation may have had it historically easier than in anytime, but the facts are, it's not going to get any easier any time soon.

mr_fishbulb

adr0ck wrote: »

years ago one parent went out to work

later one parent went out to work and the other worked a few hours here and there to earn a bit extra cash

later on one parent went out to work full time and the other worked part time (full time)

nowadays both parents go out to work full time

What happens when you extrapolate this out into the future?

Are we going to have to have 3 parent families?

Percy1983

FTBFun wrote: »

I see that chip on your shoulder still hasn't gone away.

Nope I have eaten it instead before it eats away at me and I kill everbody older than myself.

Anyway as you may guess I have stong opinions on matters but I am still playing the game and am winning, I will soon be in my first home (3 bed semi, minimum) with a beautiful wife and hopefully children on the way... all is good here no chips as they aren't good for you.

adr0ck

Percy1983 wrote: »

no chips as they aren't good for you.

i'm trying to cut down on them too (both varieties) but i'm too stubborn to do so:D

it why i weigh 17 stone

adr0ck

mr_fishbulb wrote: »

What happens when you extrapolate this out into the future?

Are we going to have to have 3 parent families?

in effect you already have

mum, dad and nanny/nursery nurse/teacher/older sibling/grandparent/etc

mr_fishbulb

adr0ck wrote: »

in effect you already have

mum, dad and nanny/nursery nurse/teacher/older sibling/grandparent/etc

Well then I look forward to the day when my kid's teacher will start contributing to my mortgage

Ambro

The situation isn't as bad as seems to be being made out here. Those who are in the situations described have actually created these situations themselves by failing to be proactive (society in general does seem remarkably irresponsible, even if the media has significantly over-hyped the situation).

The way things are being described here people are (in this order):
1. Meeting someone
2. Having a child
3. Deciding they want to live together
4. Deciding they want to purchase their own home
5. Vaguely waving a stick in the direction of finance
6. Saving up for a deposit
7. Using the entire deposit (and a personal loan) on a wedding*
8. Coming on to forums such as this and complaining about being priced out of the housing market*
9. Taking on a home that is larger than they need at a price they cannot reasonably afford

* These two are just bitter and sarcastic comments and in no way add to the discussion but I felt like writing them anyway

If people were getting together, creating a financial plan for the future and then having children the situations described would be rare indeed. You'd be at least 5 years into a mortgage, generally on a higher wage, have reasonable savings (and hopefully a moderate amount of over-payment to the mortgage), theoretically in positive equity allowing you to arrange a more favourable mortgage rate and at least one of the couple in a position with their workplace to organise some kind of part-time work that they can fit around their children.

I'd say that at the very least whoever is staying home with the children should be filling out surveys and entering competitions through cashback sites to earn a little something extra (rather than whinging on mumsnet). You could easily earn £20-£30 a day just doing online surveys and the like.

What about baking cakes to sell to neighbours and friends for birthdays and other occasions? Laundry service for neighbours, students and elderly people? Say £6 a load of laundry and do 6 loads a day, boom, £36 a day for turning on your washing machine (and tumble-dryer if it's not a nice day) and spending 30 minutes folding clothes (ok, probably only about £32 after costs). Doing those toaster bag mail thingies? You can even do that while you're watching Jeremy Kyle

In the modern world there is no reason why both parents shouldn't at least be doing something. It's not as if we have the same level of home/life maintenance as our parents or grandparents had to deal with.

Percy1983

Ambro wrote: »

The situation isn't as bad as seems to be being made out here. Those who are in the situations described have actually created these situations themselves by failing to be proactive (society in general does seem remarkably irresponsible, even if the media has significantly over-hyped the situation).

The way things are being described here people are (in this order):
1. Meeting someone
2. Having a child
3. Deciding they want to live together
4. Deciding they want to purchase their own home
5. Vaguely waving a stick in the direction of finance
6. Saving up for a deposit
7. Using the entire deposit (and a personal loan) on a wedding*
8. Coming on to forums such as this and complaining about being priced out of the housing market*
9. Taking on a home that is larger than they need at a price they cannot reasonably afford

* These two are just bitter and sarcastic comments and in no way add to the discussion but I felt like writing them anyway

If people were getting together, creating a financial plan for the future and then having children the situations described would be rare indeed. You'd be at least 5 years into a mortgage, generally on a higher wage, have reasonable savings (and hopefully a moderate amount of over-payment to the mortgage), theoretically in positive equity allowing you to arrange a more favourable mortgage rate and at least one of the couple in a position with their workplace to organise some kind of part-time work that they can fit around their children.

I'd say that at the very least whoever is staying home with the children should be filling out surveys and entering competitions through cashback sites to earn a little something extra (rather than whinging on mumsnet). You could easily earn £20-£30 a day just doing online surveys and the like.

What about baking cakes to sell to neighbours and friends for birthdays and other occasions? Laundry service for neighbours, students and elderly people? Say £6 a load of laundry and do 6 loads a day, boom, £36 a day for turning on your washing machine (and tumble-dryer if it's not a nice day) and spending 30 minutes folding clothes (ok, probably only about £32 after costs). Doing those toaster bag mail thingies? You can even do that while you're watching Jeremy Kyle

In the modern world there is no reason why both parents shouldn't at least be doing something. It's not as if we have the same level of home/life maintenance as our parents or grandparents had to deal with.

Just going to but that in my order.
1. Meeting someone
2. Deciding they want to live together
3. Get engaged
4. Deciding they want to purchase their own home
5. Saving up for a deposit and boost income so can get mortgage (I am currently here)
6. Buy House (larger than needed but ready for 7 to 9 as 1 to 5 have taken so long)
7. Get married on a tight budget.
8. Have 2 Children
9. Live happily ever after.

Ambro

Percy1983 wrote: »

Just going to but that in my order.
1. Meeting someone
2. Deciding they want to live together
3. Get engaged
4. Deciding they want to purchase their own home
5. Saving up for a deposit and boost income so can get mortgage (I am currently here)
6. Buy House (larger than needed but ready for 7 to 9 as 1 to 5 have taken so long)
7. Get married on a tight budget.
8. Have 2 Children
9. Live happily ever after.

:T:beer:

Hope it all works out well for you and you get a cracking deal on whatever property you go with