Cheapest Houses since 1999

JonnyBravo

HAMISH_MCTAVISH wrote: »

Then Thrugelmir is being a very naughty boy, because the number of people that have actually paid that much in the last few years must be vanishingly small.

I don't think it was intentional.
It seemed a genuine lack of comprehension about how interest rates affect repayments. Hence his quoting of "Rule of 51" blah blah blah etc.

I notice he didn't reply again on the thread, so I guess we can now safely assume he's realised his mistake but obviously is in the camp of hating to see Hamish right about anything.
If he could re-write maths to make you wrong, he probably would.

Jimmy_31

HAMISH_MCTAVISH wrote: »

And that's with real world mortgage rates, NOT the mythical 0.5% rates the bears like to claim are available, when we all know they aren't. :cool:

So much for the nonsense about a "priced out" generation.

The cost of buying has almost never been cheaper.

The younger generation would have it MUCH easier than our generation, if of course they could get a mortgage, which most can't thanks to mortgage rationing.

That's the main difference. Our generation had more expensive mortgage payments, paid more of our income for housing, but at least we weren't excluded from ownership by absurd deposit requirements.

Are you still seriously banging on about this, a lad i work with has now walked off site because he cannot afford to live in this country no matter how hard he works. What kind of wages do you think people are living off.

Hes a single working man with a 15k deposit for a house, he brought home £280 a week, out of that £280 a week he would have a mortgage and all the usual running costs of a house plus the cost of running a van and fixing or replacing tools throughout the year. As hes a joiner his tool bill for the year is usually between 1 to 2 thousand pounds.

There is nothing left out of his wages for anything unexpected that comes along, no form of entertainment ever, he was at a loss as to how he was going to replace his van when the time came.

All this is based on a 49 week a year wage, as were all self employed we dont get paid over xmas or for bank holidays, hes already taken his tax rebate into account as well, its highly unlikely he will get a full years work befor he gets laid off yet again. Add to this the fact that the construction industry is now at the stage in some areas were if you want your wages you are literally going to have to fight for them or steal materials and sell them on to cover what has been stolen from you..

Yes he can afford to buy a cheap house or flat, the problem is he cant afford to live in it.

If you step out into the real world once in a while hamish instead of spouting garbage from your computer you may come to realise that the country is completely and utterly fu*&ed.

As far as i can see we are now at the point were a single fully qualified time served tradesman can no longer afford to put a roof over his head, i could understand it if he was flipping burgers for £100 a week, but no this is somebody who supposedly should be ok for money throughout their life.

So there you go hamish, yes he can buy a house, can he live in it, NOT A CHANCE.

Cleaver

Jimmy_31 wrote: »

Are you still seriously banging on about this, a lad i work with has now walked off site because he cannot afford to live in this country no matter how hard he works. What kind of wages do you think people are living off.

Hes a single working man with a 15k deposit for a house, he brought home £280 a week, out of that £280 a week he would have a mortgage and all the usual running costs of a house plus the cost of running a van and fixing or replacing tools throughout the year. As hes a joiner his tool bill for the year is usually between 1 to 2 thousand pounds.

There is nothing left out of his wages for anything unexpected that comes along, no form of entertainment ever, he was at a loss as to how he was going to replace his van when the time came.

Yes he can afford to buy a cheap house or flat, the problem is he cant afford to live in it.

So there you go hamish, yes he can buy a house, can he live in it, NOT A CHANCE.

Hang on here Jimmy, this is quite startling news. You're saying that someone who earns less than £15,000 cannot afford to buy a house? Well, you could knock me down with a feather.

As a second point, what type of joiner is he if he earns less than £15,000 a year? My mate is a joiner and his rate is at least £125 a day for labour. He tends to get medium to long term contracts for Monday to Friday work and then does bathroom, kitchen, building work for a variety of contacts during the evening and weekend. If he takes in less than £40,000 a year gross I'd be surprised. But then again, he's done quite a bit of work for us and it's of a very high standard. Your friend might just be a bit sh*t?

Jimmy_31

Cleaver wrote: »

Hang on here Jimmy, this is quite startling news. You're saying that someone who earns less than £15,000 cannot afford to buy a house? Well, you could knock me down with a feather.

As a second point, what type of joiner is he if he earns less than £15,000 a year? My mate is a joiner and his rate is at least £125 a day for labour. He tends to get medium to long term contracts for Monday to Friday work and then does bathroom, kitchen, building work for a variety of contacts during the evening and weekend. If he takes in less than £40,000 a year gross I'd be surprised. But then again, he's done quite a bit of work for us and it's of a very high standard. Your friend might just be a bit sh*t?

Alright captain superior hows it going.

What area is paying £125 for daywork ?. Most places around manchester liverpool and the like are paying £80 daywork.

The price for fitting a 12 unit kitchen with 3 butt and worktop scribes, decor panels, pelmet, cornice, splashback, plinths, cutouts, is currently standing at £100 plus your £2 a metre for boxing in of course, and is apparently getting knocked down to £80 within the next month. My mate was doing one of these fits day in day out and he had finally had enough, maybe hes not as amazing as your mate, or maybe the only work available to him is through corrupt construction firms who have won work from corrupt housing associations.

If your mate is getting kitchen contract work and its from a housing association then hes a very lucky amazing joiner because i do not know 1 single self employed person in the building game who has had any form of contract in the last 5 years.

Maybe your amazing mate is just full of sh*t? did that ever cross your mind. Also i bet your amazing mate is robbing you blind when he does work for you.:rotfl::rotfl::rotfl::rotfl::rotfl:

Jimmy_31

Ill give you yor due though, you aint half got hamish whipped havent you:rotfl:hamish checks in............got no answer to why people cant afford a house.........thanks you for saying my mate is a sh*t joiner...........leaves.......looks for another thread to talk nonsense in........success..:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:

Cleaver

Jimmy_31 wrote: »

Alright captain superior hows it going.

Good ta. How you doing Mr Fox?

Jimmy_31 wrote: »

What area is paying £125 for daywork ?. Most places around manchester liverpool and the like are paying £80 daywork.

Manchester.

Try googling 'day rate for a joiner' and see what you get.

Here's a thread asking whether £150 a day is about right, with lots of people saying that that does indeed sound right.

Here's another with people stating figures of £140, £180, £200.

Here's another with joiners saying what they charge. Varies from £25 an hour, £300 a day, £250 a day, £280 a day, £400 a day, £130 a day, £100 a day etc. etc.

Does £125 a day really seem that odd? We recently had our bathroom done which involved a new wall being built. My friend did all the stud wall work and carpentry to build the frame. I'm not a handy person at all, but even I can see that this is a really skilled job to get right, especially if you're doing it quickly. £125 a day seems about right for that level of work, if not quite cheap.

On another note, we need a wall rebuilding outside. I've had three quotes from brickies and they've all said it's a day's work. Two charge £150 a day labour, one charges £120. So that seems about the same too.

Jimmy_31 wrote: »

If your mate is getting kitchen contract work and its from a housing association then hes a very lucky amazing joiner because i do not know 1 single self employed person in the building game who has had any form of contract in the last 5 years.

Don't know the details, but yeah, he has a contract. I know this because he's doing some work for me on our decking and it has to be weekends, because he's booked in the week until Christmas.

Jimmy_31 wrote: »

Maybe your amazing mate is just full of sh*t? did that ever cross your mind. Also i bet your amazing mate is robbing you blind when he does work for you.:rotfl::rotfl::rotfl::rotfl::rotfl:

No, I've known him for a number of years and he's a nice and modest chap. He wouldn't normally tell me his wages, but I wanted to hire him for a couple of days to do our decking so his daily rate was something we needed to discuss.

You said your joiner friend earns £280 a week. That's a daily rate of around £55 or an hourly rate of about £7. The minimum wage is around £6. With all due respect, I'm not going to let a guy build walls in my house for £1 more than the minimum wage as this implies that he's not well qualified, experienced or respected. £7 or £8 an hour is what I'd expect to pay an odd job man to do some very simple handyman type tasks.

Anyway, the main point I was making is that your friend won't be able to buy a house if he earns less that £15,000.

Cleaver

Jimmy_31 wrote: »

Ill give you yor due though, you aint half got hamish whipped havent you:rotfl:hamish checks in............got no answer to why people cant afford a house.........thanks you for saying my mate is a sh*t joiner...........leaves.......looks for another thread to talk nonsense in........success..:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:

I think Hamish has quite clearly stated why he thinks people can't buy houses, and it's down to mortgage rationing. I'm not sure I agree with him, but that's different from not understanding what his argument is. Did you not read his posts?

I probably shouldn't have said that your friend is a sh*t joiner, as I don't know that for sure. But I'm not understanding why someone with a skilled trade charges a quid more than the mimimum wage and the only conclusion I can come to is that he isn't very good.

Jimmy_31

I can google day rates for joiners all day long but when there is no private work coming in for most joiners except your mate, then it doesnt really change the fact that the average day rate available is below £100 and £80 is becoming the norm.

You are quite welcome to look on the job centre website and im pretty sure you will find nothing above £13 an hour for a normal days joinery work.

Most people i know who are in the construction industry are currently working self employed for housing associations and you are quite welcome to do a bit of research to find out what building companys these associations use and what the rates at these companys are, i could tell you but whats the point.

You obviously have not got a clue about how the building game works, you can have as many qualifications as you want but that will never stop the backhanders and directors buying work and then having to pay a bad wage to make sure all the main men are looked after and the job gets done.

You may be right about the contracts though because its now got to the point were they dont even want to pay the cards in lads what they are paying them either but they have all got contracts so cannot be touched, well unless they decide to give a subby a contract to do a specific amount of kitchens on a specific site because thats what has happened in the past.

System

Cleaver wrote: »

the only conclusion I can come to is that he isn't very good.

Or that he's fictional.

Jimmy_31

Cleaver wrote: »

I think Hamish has quite clearly stated why he thinks people can't buy houses, and it's down to mortgage rationing. I'm not sure I agree with him, but that's different from not understanding what his argument is. Did you not read his posts?

I probably shouldn't have said that your friend is a sh*t joiner, as I don't know that for sure. But I'm not understanding why someone with a skilled trade charges a quid more than the mimimum wage and the only conclusion I can come to is that he isn't very good.

You dont know for sure if my mate is a sh*t joiner.............okay get back to me when you have given up some of your time to think about it.

Seeing as you cant understand why a joiner would charge very very cheap rates ill spell it out for you.

Its quite simple.

Not much private work coming in.

Got to go back on the sites.

No new build or refurb sites left.

Have to take Housing association work via sub contracting.

Sub contractor pays £80 a day.

I say i charge £150 a day.

Sub contractors says you can charge what you want mate but we pay £80.

thats about it really.