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!

lenders warn low-deposit mortgages are over

1468910

Comments

  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    reweird wrote: »
    JimmyLad is a troll.

    Jimmy isn't a troll. You, on the other hand, are a troll. And just more than a touch strange too.
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    Pimperne1 wrote: »
    Jimmy mentioned that he looked at a place which, if I remember rightly, was about £140k a couple of years ago - there was a bit of a dispute as he thinks its now down to £100k and I think that's its now down to £120k. But, yes, Jimmy has changed the type of house he is after if my recollection is correct (ie going from a potential £140k purchase to a £50k purchase). Wasn't the old one near a colliery or something Jimmy?

    You have lost me on that one. colliery ? 140k house ?

    I will be looking at paying 50k for a nice house in a nicer area than i live in now, i really cant see how that is so hard to believe.

    The type of house i will buy depends on how far the prices fall, a couple of 3 bed semis are already available for around the 40k mark around here, so it wont be to long before the 3 bed semis in the next town start heading for the 50k mark.
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    Cleaver wrote: »
    I'm still a bit puzzled about this 'nice' place where you can buy a 'nice' house for £50,000. I know you called me a snob for saying that last time, but I still think you'd be hard pushed.

    Like i have said before cleaver, nice to me is obviously different to what nice to you is.

    I could go to a different area and pay 100k for the same type of house as the 50k one but i cant see what extra i would be getting for my money.
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    reweird wrote: »
    That's because there is no such place, no such house, and no such funds. JimmyLad is a troll.

    Somebody has just been beaten in an online chess match i see:rotfl:
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    Jimmy_31 wrote: »
    You have lost me on that one. colliery ? 140k house ?

    I will be looking at paying 50k for a nice house in a nicer area than i live in now, i really cant see how that is so hard to believe.

    The type of house i will buy depends on how far the prices fall, a couple of 3 bed semis are already available for around the 40k mark around here, so it wont be to long before the 3 bed semis in the next town start heading for the 50k mark.

    Am I mistaken that you posted a property from Rightmove and I phoned the EA to enquire about it and you were surprised I did? I could probably go and find the thread but if you could repost the property that would be easier. If I have confused you with someone else then I apologise - bit unusual to so wrongly remember this type of thing though.
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    Pimperne1 wrote: »
    Am I mistaken that you posted a property from Rightmove and I phoned the EA to enquire about it and you were surprised I did? I could probably go and find the thread but if you could repost the property that would be easier. If I have confused you with someone else then I apologise - bit unusual to so wrongly remember this type of thing though.

    Yes i think you are talking about somebody else as i havent got a clue how to post a link to a house for sale.
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Jimmy_31 wrote: »
    I could go to a different area and pay 100k for the same type of house as the 50k one but i cant see what extra i would be getting for my money.

    Location..
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    Jimmy_31 wrote: »
    Yes i think you are talking about somebody else as i havent got a clue how to post a link to a house for sale.

    Sorry it was poppyriley. :o
  • paulmapp8306
    paulmapp8306 Posts: 1,352 Forumite
    Cleaver wrote: »
    Location..

    Me too !!

    AS Im looking for a 3 bed or possibly a 4 bed semi - or even terrace. Im looking in one of the cheaper parts of the country (though there are cheaper) and am struggling to find anything below £70k - and anything "nice" below about £100k.
  • ILW
    ILW Posts: 18,333 Forumite
    What wil happen when a point comes when renting is cheaper than buying, I seem to remember that that was generally the norm in the past.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.