Smallest amount we can put down on a house?

mae

Thanks roswell I'm not sure about the state assistance but really if possible he wouldn't want that he will be trying his best to work hard and get the job he wants its just me as a worrying mother thinking about time off or employers wanting medical records and seeing him as a risk etc etc. You say he may not want to live in it but that is fine he can sell it to help him buy another property my thinking was just along the lines of if the house is there and hopefully increasing in value and that the mortgage is being paid by a tenant in the meantime.

tomstickland

ds1980 wrote:

what uncertainties!!!!!!!!!!!! Go for it youll only regret it. For gods sake people live a little!

There is a simple equation that people should remember.

My life span (now 26) = population increase (excluding armegeddon) & housing shortage (excluding the director of fairview homes becoming prime minister) = price increase. That is the only sum you ever need. Do your maths and research in everything you do and you can not go wrong.

Please dont reply to me with economics and cpi's, dti's % this and % that. People over equate things on here get over it.

Final statement: Too many numpties in this world for me not to succeed

I thank you

Please confirm that this was a joke.

If it wasn't then I'd suggest that assuming that a rising asset can somehow magically just go on rising forever is rather naieve. There is no maths or research that can predict the future. As to "live a little", the OP doesn't intend to buy the house to live in, so what is lost by saving up capital before proceeding?

People over equate things on here

your previous paragraph would be a literal exanmple of "over equating".

ds1980

the opportunity to buy somewhere that isnt available next month?? cease the moment

BobProperty

ds1980 wrote:

the opportunity to buy somewhere that isnt available next month??

Fine, so long as the market is going up, not so moneysaving when the market is falling.

ds1980 wrote:

cease the moment

I wish you would.

tomstickland

crease the monument?

tripled

ds1980 wrote:

There is a simple equation that people should remember.

My life span (now 26) = population increase (excluding armegeddon) & housing shortage (excluding the director of fairview homes becoming prime minister) = price increase. That is the only sum you ever need. Do your maths and research in everything you do and you can not go wrong.

Unless of course the BNP or Ukip get a significant number of seats in parliament. The 'native' population is dropping, only immigration keeps the numbers up.