Buying is £124 a month cheaper than renting

ukcarper

Lily-Rose wrote: »

Oh my God, what a horrible, ignorant post! You are just assuming that my husband and I don't pay council tax, income tax, national insurance and every goddam other last thing that you pay?! What a rude and ignorant statement! We pay EVERYthing that you pay, full rent, full council tax, full EVERYthing. And I sound like I am bragging?! You have got to be kidding. I merely explained my situation and why we are better off renting.

Your post is very rude and very ignorant, and TBH you sound quite jealous and bitter. We are the only country in the land that are obsessed with being 'homeowners.' In Europe they mostly rent, and have long term tenancies. Why do you have such a problem with people who rent, and are happy with renting? You sound exactly like Mr Ree. (And if you want to see an example of bragging and gloating and being spiteful: just read HIS posts!)

We were in private let for about 6 years, and homeowners for 12, and are now very happy sitting pretty in our little 2 bed detached, housing-association bungalow. I am very sorry if this gets up your nose somewhat, but it's not my problem you're not happy being a homeowner (and your spiteful comments suggest you're not!)

The only one who should be ashamed is you for your nasty post.

Many people who are buying have been very courteous on this thread, but a few people who are buying, seem angry and bitter that some people are in nice decent social housing.

Mr Ree, as you refused to believe that I live in a 2-bed detached housing association bungalow, here is a picture of our house especially for you, that we have for life at £70 a week including repairs and maintenance and everything.

Here it is (second from left,) in the street I live in.



It started off as a development for private sale, and the buyer went went under, so a local housing association bought them for their housing stock. Rather nice isn't it? Right next too woodland and not a million miles from the sea. All the bungalows are housing association (although some have bought them now.)

But I am sure that Mr Ree and several others won't want to believe me, and will insist that I actually live in a tiny squalid 1-bed flat on a big sink estate.

I am also bowing out of this thread: it's just a breeding ground for spiteful and b1tchy remarks about people who rent now, and to insist we are all benefit scroungers!

Good day to you! Enjoy your hating and bashing people who rent.

You are very lucky to get social housing where I am it is almost impossible to get also social housing, rents are normally a lot lower than private rents. I agree not all social housing is bad my mums ex council now HA retirement flat is very nice and in a very good position just as good as the local the private equivalent, the rent on that is half the private rent.


The other thing is will the terms and conditions for social housing remain the same they are already changing for new tenants and I wouldn't be surprised to se a Conservative government making further changes.

System

CC-Warrior wrote: »

I don't think anyone chooses to rent.

We have ,we sold our house and are now in social housing .
We have no maintenance bills other than rent etc. i would never even contemplate buying again.

allthingsmustpass

MrRee wrote: »

It's an indication of the 'Benefit Culture' ...... which has been evident from early on in this thread.

The idea that everything is free, paid for by someone else, no thought of making your own way in the world.

You've been gloating about how good an investment property has been for you throughout this thread. When prices rise where do you think that money comes from?

To you it is free. But let me tell you it is most definitely paid for by someone else, namely those younger who have to pay far more than you did and therefore have to earn far more than you did.

Making your own way in the world? You've done nothing of the sort. Those in overpriced glasshouses ….

J_i_m

I think it's very much down to what suits the individual. There's no point in getting into arguments about which is better, renting or buying because there's no one size fits all option.

But very few things are "free" whether you're renting or buying. It seems to be a very popular notion to believe that as a tenant you're not paying maintenance and that any repairs are "free".

That's a slightly simplistic and naive viewpoint. We need to remember that a landlord is running a business and hence will be focused on profit. They'll have factored in a reasonable margin to cover maintenance in the rate rent.

If you view it like that, you could reasonably conclude that the majority of tenants are paying towards repairs & maintenance. What's more is that they're paying that each and every month whether the property needs any repairs or not.

At least as the buyer/owner you'd only be forking out repair bills as and when they were needed.

But still, it's all down to choice and if someone is happy with their choice then good for them.

My choice is to buy, and that's because for as much as I can work out, buying represents the best option for me personally. The following factors have influenced my decision;

I have a settled life-style, so am unlikely to be needing to move often.
Mortgage repayments on properties of comparable value are lower than the market rent rates (at least in my surrounding area), therefore I'd have more of my income available to spend on other things (yes occasionally maintenance).
I want to be able to decorate my home as I see fit.
I want to be the owner of my home because once I've fully repaid the mortgage there is no rent to pay (no matter how seemingly small), meaning that I could focus my retirement income on paying the household bills instead of lining the pocket of a landlord.

MrRee_2

CHRISSYG wrote: »

We have ,we sold our house and are now in social housing

I'm so sorry about that.

MrRee_2

allthingsmustpass wrote: »

To you it is free. But let me tell you it is most definitely paid for by someone else, namely those younger who have to pay far more than you did and therefore have to earn far more than you did

And they sell at a higher price to the next in line who have to earn more to buy ....... we all have to earn what it takes to buy at any single time point in history.

It's no different now than it was 50 years ago ....... in fact, money has never been cheaper! You lucky youngsters ....

Pixie5740

MrRee wrote: »

I'm so sorry about that.

Why are you sorry about that? CHRISSYG seems happy that they are now in social housing.

I don't know where you get this idea that all social housing is terrible and in the worst possible locations, it's simply not true.

I've visited friends and family in social housing and it's nice.

MrRee_2

They had to sell their house and accept a Council House .... that's sad, don't you think?

They had a house and now have nothing to show for it, life can be so cruel.

Pixie5740

MrRee wrote: »

They had to sell their house and accept a Council House .... that's sad, don't you think?

They had a house and now have nothing to show for it, life can be so cruel.

Not really as CHRISSYG is happy and doesn't want to contemplate buying again.

Perhaps if some people didn't look down on renters and tell them how stupid they are for not buying people wouldn't feel pressured into buying when it really isn't the right choice for them.

MrRee_2

They don't want to contemplate buying again because they lost their home.

Of course, that's going to put anyone off.

Such a shame.

You cannot optionally sell your house and be housed in a Council house - I can just imagine selling my house, putting the £000,000 into the Bank and the council giving me a nice Council house (or even a really horrible one!).

Sadly, people who own houses do not, of their own accord, sell and take up a Council house ...... they are forced to.

That's why I offered my sympathy ... I did not, for one moment, wish to suggest anything regarding those who choose to live in a Council house.