Hate Buy 2 Let

UK007BullDog

That may be right, but we don't know 100% do we. Even two years could mean extreme hardship for someone and then it also takes time for the equity to grow again to such a level that one has enough equity to possibly downgrade. This could take many years.

Sorry but that is too much of a gamble for me personally. And if downgrading I might have to move far away from my family.

Also some of the properties built nowadays are so small that you cannot have your parents or even grandparents living with you.

In my case my grandmother has very bad Alzheimer's and if she were to live with me I would be unable to work which is financially not possible, so she is in a good private home and her property and savings are paying for it. I don't have the skills and the house is not built to support her ailment. She is incontinent and totally out of her mind, she has to be fed, washed and clothed just like a newborn. She has to be lifted and needs a walking frame to get her to shuffle from room to room. I would be afraid she could fall down my stairs. So I am glad my grandparents managed to pay off their mortgage and that she can now use the money to pay for her professional care.

As for my mom, she is quite eccentric and there is no way I want her living with me in my house. A couple of streets apart that is OK but not with me as we would end up fighting. She is very difficult to live with, hence she lives alone and she has no friends to speak of either. So does that make me a bad child. I wished we could all live together but some people just cannot as we are all splintered and it will get worse as the housing situation is not helping but actually forcing couples to live from their families. One and two bedroom flats do not help and we will become even further families of one child only.

MortgageMamma

Eccentricness can be a problem yes and so can illness but, if you had the space and your grandmother was well would you take her in? I too have a family afflicted by alzheimers and know how difficult such a situation is, my mother kept my grandfather as long as she could before his house was sold and he was taken into care so please do not think my comments are directed at those who wish to help (such as yourself) and cannot. They are directed at those who just dont give a damn, who have enough money for a house big enough or to extend to help their elderly relatives and do not. I think familes would benefit from clubbing together on the property front - whether it is to rent or buy, it may make future purchases of good standard properties more viable - in the same spirit my parents in law, their mother and their daughter are thinking about buying the five bedroom barn opposite me on the market for 400k, none of them could do it individually, so they pool resources and ultimately have something far nicer than one could afford alone and split the bills in the process - Asian families do this all the time and it works for them

Gorgeous_George

If BTL is the great demon painted in this thread, surely people who rent from BTL landlords are equally culpable. It is those who rent that fuel the BTL market after all.

Time to leave this thread to those who can be bothered to throw insults at each other. I have money to count.

I wish!



GG

dunstonh

I experienced the last two house price 'crashes', and they didn't last for more than two years.

The last house price crash took upto 12 years to recover.

bingobango_3

Gorgeous_George wrote: »

If BTL is the great demon painted in this thread, surely people who rent from BTL landlords are equally culpable. It is those who rent that fuel the BTL market after all.

GG

Catch 22. Some people HAVE to rent because the prices are so high to buy they can't get on the ladder so have no choice.

absolutebounder

[quote=spurs_nut;4836961No, I would class myself as being on a average wage of 18k a year which may not be much, but I get by and am satisfied with.

Really means Im looking at myself and Im embarrased by being a sad loser on less than the average wage. I dont have anything and am not satisfied but in self denial

I have a nice little golf Mk4 which I am also very satisfied with

I think I have a willie extension with my old Babe magnet with a big exhaust. I make a point of it being a Mk4 not a MK3 or anything else as I suffer from small man syndrome. It probably has furry dice in the window.

And like I said, I'm now purchasing a 3 bed semi detached for 140k with my fiancee because we have worked fcuking hard to get were we are.

Note WE have worked hard ie pimping his girlfriend who earns more.

I would consider myself to have taken responsibility for where I am today and I extremely happy where I am. I wouldn't want anything more.

Thats why I whinge at the world about people who have more. Im so happy that I wprry about everybody else.

However, I get extremely agitated when numpty's like yourselves are so far up your fcking !!!! that you think your better than everybody else because you earn a few extra £1000 a year.

Its not very difficult to do that is it? 18K? I can earn near on that in a month with no uni education or a BMW which is every little Golf Mk4 owners dream.

How does it feel never having to be working your !!!! off to get where you are and to be handed everything on a plate?

Bloody great. Jealous? you bet you are.

But then that's to be expected from a bunch of Torie loving toffs.

Cant see what politics has to do with it the rich get richer under any government because they understand wealth which you dont and never will.
[/quote]

Perhaps we should have a sweepstake. How long before GF leaves and he gets repossessed

MortgageMamma

With a temperment like his I wouldnt be suprised if his girlfriend was too scared to leave, you know what these sort get like after 2 cans of special brew

spurs_nut

:rotfl:

absolutebounder wrote: »

Perhaps we should have a sweepstake. How long before GF leaves and he gets repossessed

Ha ha, very good.

You've just hit the nail on the head with the majority of the british poulation today.

Safely, i can say I am not part of it.

However a fat arsed single mother of two kids living in an a council house claiming on benefits (which I pay for ) who claims to be a self employed mortgage broker who advises against getting a mortgage because it's egotistical and pig headed?

FCUKING PRICLESS :rotfl: :rotfl: :rotfl: :T


Ta ta :cool:

spurs_nut

MortgageMamma wrote: »

With a temperment like his I wouldnt be suprised if his girlfriend was too scared to leave, you know what these sort get like after 2 cans of special brew

With all due respect, I ain't the one who's single with two kids :rolleyes:

spurs_nut

MortgageMamma wrote: »

Actually, I'm married with three kids, I own a limited company (Mortgage Brokerage) live in a fantastic area in a big house, own a nice car AND my husband no longer has to work as I make enough for both of us. There are plenty of people on here who are personal friends and clients of mine and who can verify that. You are right I do have a fat !!!! though, but even thats a nice fat !!!! if I do say so myself, and a pretty face too.

You are probably some special brew swilling shaven headed tatooed scrubber who wears a grey tracksuit tucked in his socks that was meant to be white once upon a time, with kids allover the place that you won't own up to and rotten teeth.

Yes we can all be childish and hurl insults. I could carry on amusing myself insulting you forever but I've got money to make and clients that are far more deserving of my attention than a dirty old skank like you, so I'll leave it at that no matter what you retaliate with.

I genuinly found that funny. :rotfl:

Just shows how wrong anyone can be reading in black and white hey.

Good for you I say!