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Negative Equity Property & Struggling to Manage

123578

Comments

  • propertydealer
    propertydealer Posts: 11 Forumite
    Doozergirl wrote:
    You need to remove the blatant advertising from your signature! :naughty:


    how is that comment going to help this guy? if you don't have anything constructive to say, don't say anything.....
    No Links or Advertising in signatures by site rules - MSE Forum Team 2


    "If you want to fly with eagles you must first stop hanging around with turkeys"
  • Doozergirl
    Doozergirl Posts: 34,078 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    propertydealer wrote:
    how is that comment going to help this guy? if you don't have anything constructive to say, don't say anything.....

    ....constructive to those who might profit from seeking other avenues before yours, perhaps... :rolleyes:
    Everything that is supposed to be in heaven is already here on earth.
  • tomstickland
    tomstickland Posts: 19,538 Forumite
    10,000 Posts Combo Breaker
    I'd also advise selling and cutting the losses.

    In MSE english:
    you brought the flat for too much, so I'd advice cutting your looses.
    Happy chappy
  • HankMcSpank
    HankMcSpank Posts: 951 Forumite
    tomstickland wrote:
    In MSE english:
    you brought the flat for too much, so I'd advice cutting your looses.
    ????!!! :eek:

    Or perhaps bad English, but at least spelt correctly ...
    you bought the flat for too much, so I'd advise cutting your losses.

    ......& I'd advise that you get a grammar/spellchecker because three mistakes in such a short sentence is going some! :D
  • Rick62
    Rick62 Posts: 989 Forumite
    propertydealer wrote:
    how is that comment going to help this guy? if you don't have anything constructive to say, don't say anything.....

    Read the guidlines, this is not a site for blatent promoting of dodgy property dealing vultures.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Doozergirl
    Doozergirl Posts: 34,078 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    HankMcSpank wrote:
    ????!!! :eek:

    Or perhaps bad English, but at least spelt correctly ...
    you bought the flat for too much, so I'd advise cutting your losses.

    ......& I'd advise that you get a grammar/spellchecker because three mistakes in such a short sentence is going some! :D

    I think that's why he said it was in 'MSE English'. Mr Stickland is a fully striped member of the grammar police force.
    Everything that is supposed to be in heaven is already here on earth.
  • tomstickland
    tomstickland Posts: 19,538 Forumite
    10,000 Posts Combo Breaker
    HankMcSpank wrote:
    ......& I'd advise that you get a grammar/spellchecker because three mistakes in such a short sentence is going some! :D
    I'd advise you to run the irony checker before posting.
    Happy chappy
  • Alan_M_2
    Alan_M_2 Posts: 2,752 Forumite
    Can I get an irony checker as a download for my toolbar?
  • Debt_Free_Chick
    Debt_Free_Chick Posts: 13,276 Forumite
    10,000 Posts Combo Breaker
    New builds nearly always fall in price, as the original price included the full cost of all the fixtures, furnishings & white goods. When you come to sell, those items are only valued at their "second hand price" so you lose out on the difference between the two prices.

    This, of course, ignores what is happening to the price of the bricks & mortar.
    Warning ..... I'm a peri-menopausal axe-wielding maniac ;)
  • roses
    roses Posts: 2,333 Forumite
    Part of the Furniture Combo Breaker
    A mortgage is the lowest interest rate loan you will ever get. It's not worth trying to borrow money from elsewhere to subsidise your mortgage eg credit cards, other loans etc.

    If you can afford the monthly payments on the mortgage then the most economical solution will be for you to carry on paying these payments until you are in a position where you can sell without being too much out of pocket.

    Also take into account the cost of selling now & losing some money vs the cost of selling in a few years & having to subsidise the mortgage payments by £300/month for x years. Which one is the cheaper option?
This discussion has been closed.
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