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Nice People Thread Number 10 -the official residence of Nice People
Comments
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Non RP finally has a good offer on their house,
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I cannot face more house hunting.
. Especially for non RP who wants the moon on a stick for the price of a lollipop. 0 -
lostinrates wrote: »Non RP finally has a good offer on their house,.
I cannot face more house hunting.. Especially for non RP who wants the moon on a stick for the price of a lollipop.
We can help. Some of were drawn to MSE from the house hunting board.
I can sympathise, having found what would be the ideal place, my mother has now decided that she is not interested in moving near here. I told her that it was a shame it wasn't built 3 months ago then she may already have been living in it.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
Ok.....in looking for non res p, I've seen something that would be a nice bTl..........
Something I've always thought a hideous idea.........0 -
lostinrates wrote: »Non RP finally has a good offer on their house,.
I cannot face more house hunting.. Especially for non RP who wants the moon on a stick for the price of a lollipop.
Do they need to find a new home before they sell?I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
lostinrates wrote: »Ok.....in looking for non res p, I've seen something that would be a nice bTl..........
Something I've always thought a hideous idea.........
Your getting side tracked. WHo is the the BTL for? You or them? Do either of you have enough spare cash to invest in a spare property? Or do you want nRP to move in with you and RP while they invest?I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
Your getting side tracked. WHo is the the BTL for? You or them? Do either of you have enough spare cash to invest in a spare property? Or do you want nRP to move in with you and RP while they invest?
NO! NO! NO! To moving in!
Who has spare cash? Never heard of the concept
. But maybe that's something I need to rethink . We are not over extended, because we refuse to be.
Non res p could live there while searching for something less unsuitable than the things they are coming up with.0 -
If you are going to buy a BTL, you need 25% deposit minimum. Food for thought?I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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The downsides:
It is money tied up.
Could cost you money if you have problems getting or with tenants, maintenance etc
Hassle factor
The upsides
Income stream
Possible future capital gainI'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
Also another tie to uk.
Hmm.
Non res p is right , there does seem to be nothing very suitable in the budget. I'm strongly suggesting the compromise should not be location (I.e. should be near places to go and things to do) over property appearance and size, But non res p doesn't agree. I said 'why move then?' And non res p put phone down on me, 
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