Sellers refuse to budge........

ukcarper

marlonthemagnificent wrote: »

this one is much more expensive at 1650pcm, but look at it....how much would this cost to buy...at least 900,000 i would estimate...if not more.
east horsley is incredibly expensive

the proportions of rent vs buy on this are even better

http://www.rightmove.co.uk/property-to-rent/property-31887268.html

Four months only.

marlonthemagnificent

ukcarper wrote: »

Four months only.

so?

i've now shown you lots of different properties that demonstrate my point
but you seem intent to find issue with all of them

how about the house in albury then. what's wrong with that one?
and do you context the value of that??

my point is that it is way cheaper to rent than it is to buy......which it is

ukcarper

marlonthemagnificent wrote: »

so?

i've now shown you lots of different properties that demonstrate my point
but you seem intent to find issue with all of them

how about the house in albury then. what's wrong with that one?
and do you context the value of that??

my point is that it is way cheaper to rent than it is to buy......which it is

I don't dispute that there are good deals, but they are rare and in general the interest part of a mortgage is less than the rent. I don't even see the point in rushing out to buy now, but whether that turns out to be a good decision is a gamble as no one can be certain what property prices will do.

marlonthemagnificent

ukcarper wrote: »

I don't dispute that there are good deals, but they are rare and in general the interest part of a mortgage is less than the rent. I don't even see the point in rushing out to buy now, but whether that turns out to be a good decision is a gamble as no one can be certain what property prices will do.

and what if you invest the lump sum that you would have used as capital for the deposit?

that makes renting even cheaper

and if house prices fall...which they are doing...then it's even better


perpetuating the myth that buying is better than renting is why so many people in the uk are saddled with a massive mortgage which is effectively a noose around their neck

they got sucked into buying a depreciating asset at a hugely inflated price

i genuinely feel sorry for anyone who has bought since 2007, especially first time buyers, who got sold a dream that was based on a pack of institutionalised lies

the sooner property prices revert to sensible prices, the better off every single person in the UK will be

Sibley

the sooner property prices revert to sensible prices, the better off every single person in the UK will be

I think you mean errrr people like you actually.
I would be worse off because my house value would go down.

Thanks but I think we will stick to high prices and HPI.

Maybe I'm on my own but it would make me happier. :beer:

Mallotum_X

Sibley wrote: »

I think you mean errrr people like you actually.
I would be worse off because my house value would go down.

Thanks but I think we will stick to high prices and HPI.

Maybe I'm on my own but it would make me happier. :beer:

Not everyone is on such a knife edge as you sibbers.

marlonthemagnificent

Mallotum_X wrote: »

Not everyone is on such a knife edge as you sibbers.

:rotfl:

brilliant

ukcarper

We do seem to have some lucky people on here they either buy a house in an area where prices are rising rapidly when everywhere else they are falling or they can pop out and find a house to rent well below the going rate just when they need to. It s a shame most of use have to put up with our houses losing value and paying extortionate rent.

MrRee_2

In the final analysis - buying is the intelligent option.

Renting is for those for whom the whole house buying process is simply too much effort .....

Assuming that the mortgage is paid off in 10 years, the buyer is living rent free ..... the renter has to continue paying FOR LIFE!!

They say that life expectancy is now well into the 90's ... renters face about 60 years of paying where the buyer has lived rent free in their own home.

60 YEARS ..... that's 720 monthly payments!! 720!!!!

That could easily turn out to be £720,000 !!! Just think about it for one moment.