Renters pushed to breaking point as Britain's selfish homeowners gloat their hands

ShAnE

greensalad wrote: »

Thanks. Sadly neither new-builds so not eligible for H2B But I had not considered Farnborough, it appears to be a little cheaper than where I am now. Off to hunt down the new-builds.

If you're commuting by train or are looking for new builds only maybe look at Basingstoke as it seems to have a lot more new builds than Farnborough and is only another 10 minutes on the train.

ukcarper wrote: »

Plenty of people commute from both those areas and have done since the 60s. The Mytchett house is just over an hour to Waterloo including walk.

I've commuted from Farnborough myself but wouldn't suggest anyone commuting into London buy a house 45 minutes from their nearest station unless they are paid so much they don't mind selling out for parking on top of their train ticket.

lisyloo

greensalad wrote: »

I feel like it's a vicious cycle though. People can afford to *rent* in London, just about, so they'll still go for roles in London. Those roles are so few and far between that they will take about anything they can get. And then live in rented, shared accommodation for the rest of their lives as they cannot afford to save enough for a deposit. You really to have to save at an incredible rate to be able to afford both rent, and beat the house price increases. I don't know what the solution is. I'm trying to figure it out for myself, how we can afford to save several thousand a month when our rent (outside of London) is more than half our salaries. By the time we have saved enough, what we thought was "enough" is no longer enough.

It is very difficult, you have my sympathy, but there is no point moaning (that's not a criticism it's a fact).
Most older people on these boards made sacrifices to get on the ladder.
An an idea, what about living with parents temporarily and getting evening jobs as well as daytime. Rent and bills will be small.
I'm not saying that's ideal, but that's the kind of thing that people have traditionally done, rather than paying expensive rent and expecting to be able to buy as well.
Talk to anyone older and they will tell you it has always been hard to get on the ladder.

Ask for ideas, post an SOA (statement of affairs) and you'll get loads of help if you ask.

greensalad

ShAnE wrote: »

If you're commuting by train or are looking for new builds only maybe look at Basingstoke as it seems to have a lot more new builds than Farnborough and is only another 10 minutes on the train.



I've commuted from Farnborough myself but wouldn't suggest anyone commuting into London buy a house 45 minutes from their nearest station unless they are paid so much they don't mind selling out for parking on top of their train ticket.

I was thinking a cycle to the station and then the train.

I'm just really struggling to find anywhere that fits what we can buy, and that we can save up enough for. We are pretty much only able to use the H2B scheme, so it has to be a new build. Just struggling to find anywhere with around 45 min commute to Waterloo. I think there comes a point where the commute is too long that there isn't really much point in buying at all. I want to buy to increase quality of life. There comes a point where commuting too much decreases quality of life more than owning a property increases it.

Crashy_Time

http://www.housepricecrash.co.uk/forum/index.php?/topic/203556-are-the-shires-crashing/page-26

ukcarper

mwpt wrote: »

Incorrect, people do it in other countries.

We hundreds of thousands of property mainly in London in the South East if you think that many people would build themselves I think you are mistaken.

caronoel

greensalad wrote: »

Please, where? Can you show me one of these properties? I'm looking for one myself.

You're obviously not looking very hard.

Over 500 examples come through on a 3 second Rightmove search:
http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=REGION%5E87490&maxPrice=350000&minBedrooms=3&googleAnalyticsChannel=buying

ukcarper

ShAnE wrote: »

If you're commuting by train or are looking for new builds only maybe look at Basingstoke as it seems to have a lot more new builds than Farnborough and is only another 10 minutes on the train.



I've commuted from Farnborough myself but wouldn't suggest anyone commuting into London buy a house 45 minutes from their nearest station unless they are paid so much they don't mind selling out for parking on top of their train ticket.

As I've said Mytchett house 15min walk to Ash Vale station Waterloo 45mins.

greensalad

caronoel wrote: »

You're obviously not looking very hard.

Over 500 examples come through on a 3 second Rightmove search:
http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=REGION%5E87490&maxPrice=350000&minBedrooms=3&googleAnalyticsChannel=buying

Very few new builds though

And very few that aren't shared ownership. Just changed to the H2B eligible ones and got 1 property out of the previous 550.

ukcarper

greensalad wrote: »

I was thinking a cycle to the station and then the train.

I'm just really struggling to find anywhere that fits what we can buy, and that we can save up enough for. We are pretty much only able to use the H2B scheme, so it has to be a new build. Just struggling to find anywhere with around 45 min commute to Waterloo. I think there comes a point where the commute is too long that there isn't really much point in buying at all. I want to buy to increase quality of life. There comes a point where commuting too much decreases quality of life more than owning a property increases it.

I think your main problem is that you need a new build as they are normally more expensive.

As for quality of life it depends on your interests.

mwpt

Crashy_Time wrote: »

http://www.housepricecrash.co.uk/forum/index.php?/topic/203556-are-the-shires-crashing/page-26

Ha ha. The deluded CountOfNowhere on housepricecrash. He called me a troll because I said prices wouldn't crash without an external event. He seems to think they will crash just "because they're too high". He repeats his mantra to himself in thread after thread, as if by sheer force of will he can make the crash happen.

Pretty sure he would have had something to do with me being banned there, even though ironically, I'm someone that believes prices will drop massively in the case that rates are forced to rise.

EDIT: I also explained what I was actually seeing going on outside of prime central London (prices are NOT dropping) but he seems to regard that as trolling too. And considers people lowering their kite flying asking prices as a crash. Loon.