Buy now or wait?

Tiger_greeneyes

I've been using forums for over ten years, I am fully aware of how people conduct themselves. If I don't like the way they talk to me then I'll say something, same as IRL. Simple, really.

Anyway, thank you for your concern but I think we should get back on topic

brownbake

If you have the fingers to type a message of more than a few words or lines why don't you morons have the ability to use capitalisation and grammar correctly? You must be the types of cretins that I deal with on a daily basis and everytime you idiots use your moronic text speak or completely abysmal grasp of the Englisch language I delete your emails and you won't even get a response.

Ha ha. There are plenty of FREE spell check programs - hey most email providers even supply them - is it too much to ask for you backward chavs to press a button?

Personally I wouldn't even waste time reading text / chav / illtleracy and if those tosspots offered me advice... Well even most Sun journos can spell!! That has an average readership level of 8!!!

thesaint

brownbake wrote: »

If you have the fingers to type a message of more than a few words or lines why don't you morons have the ability to use capitalisation and grammar correctly? You must be the types of cretins that I deal with on a daily basis and everytime you idiots use your moronic text speak or completely abysmal grasp of the Englisch language I delete your emails and you won't even get a response.

Ha ha. There are plenty of FREE spell check programs - hey most email providers even supply them - is it too much to ask for you backward chavs to press a button?

Personally I wouldn't even waste time reading text / chav / illtleracy and if those tosspots offered me advice... Well even most Sun journos can spell!! That has an average readership level of 8!!!

Which spell check program do you use?:rolleyes:

brownbake

You obvslty dnt apriceate irony u spak!!!

thesaint

brownbake wrote: »

You obvslty dnt apriceate irony u spak!!!

Irony, yeah okay

IFA

Limit all UK residents to a maximum of 2 properties, I can't believe in such a so called civilized country there are people with 50+ houses in their property portfolios and some are struggling to buy just the one house.

Anyway, back on topic If I were in the same position as the OP I'd probably wait to see what IR's do.. wouldn't want to be in negative equity, it's all about timing and it's a massive gamble at the best of times. Nobody knows for real what's going to happen but I would at least wait a few months to see what IR rises do, sorry I can't be of any more help..

Zammo

brownbake wrote: »

Look at the percentage of thanks per posts and compare it to mine.

That means precisely FA.

I've seen the gusset sniffing clique section of the forum where you all post bollox and thank each other just to get your tally up.

p1an0player

olive84 wrote: »

Nothing is more depressing than paying my landlord's mortgage in the form of rent at the beginning of every month, when I could be paying my own.

Yes but I would guess that it's an interest-only mortgage*, in which case you are not repaying the landlord's mortgage, you're only paying the interest on the mortgage.

In other words the landlord's debt isn't going down*. S/he will only benefit* if the value of the property increases, which may or may not happen!

*various assumptions made in order to get my point across quickly

Tiger_greeneyes

Fair point, but if it's a repayment mortgage then it's academic.

wolvoman

Surely 5x joint incomes is much more secure than 5x single income.

Assume a couple earning £50K each, they take home a combined £5,800 per month. A £1/2m mortgage will cost around £3K a month, leaving a huge disposable income left over.

And as a couple all the household costs are pretty much split, so much more affordable.

I know this the hard way as I'm about to take up a mortgage offer on 6.5x my single income!!