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Comments

  • nubbins
    nubbins Posts: 725 Forumite
    Crashy_Time wrote: »
    My lifetime rent so far is well under 100k, and as the thread tells us "equity" is what a buyer thinks your worth, so maybe you need a bigger fag packet.....? :rotfl:

    Sure it is, lets pretend its true. What I did not realise you had sold to rent in 1996! Just had a quick track back in my area, 1996 sold £165k, now worth 793k. And you are giving people advice:naughty:
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    nubbins wrote: »
    Sure it is, lets pretend its true.
    21yrs of rent, £100k. £4,750/year, £395/mo average.

    Let's assume rent inflation has been linear, so that's a 2006 rent - so £530 after RPI today.

    Nice place, Crashy...
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    AdrianC wrote: »
    21yrs of rent, £100k. £4,750/year, £395/mo average.

    Let's assume rent inflation has been linear, so that's a 2006 rent - so £530 after RPI today.

    Nice place, Crashy...


    Have you ever rented from a private landlord?
  • Mr.Generous
    Mr.Generous Posts: 4,023 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    There are positives to renting, each to there own. This thread is about OP getting advice to sell his flat. I think Crashy could do an excellent thread offering advice to would be buyers and the advantages of renting.

    Roof leaking? Ring landlord. Boiler failed? Ditto. Need to move in a hurry?

    Some merit to both sides. I wish I owned a couple more.
    Mr Generous - Landlord for more than 10 years. Generous? - Possibly but sarcastic more likely.
  • jimbog
    jimbog Posts: 2,283 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    westernpromise wrote: »
    Crashy is actually even less successful at property price forecasting than it seems: he sold to rent in 1996
    OMG!:eek: hadn't realised it was as long as that
    Gather ye rosebuds while ye may
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    Crashy_Time wrote: »
    Have you ever rented from a private landlord?
    Yes, thank you.

    But not for 19 years, since I first bought a house. Although, tbh, I do have very recent experience of ASTs...
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Mr.Generous wrote: »
    There are positives to renting, each to there own. This thread is about OP getting advice to sell his flat. I think Crashy could do an excellent thread offering advice to would be buyers and the advantages of renting.

    Roof leaking? Ring landlord. Boiler failed? Ditto. Need to move in a hurry?

    Some merit to both sides. I wish I owned a couple more.




    So does the taxman.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    AdrianC wrote: »
    Yes, thank you.

    But not for 19 years, since I first bought a house. Although, tbh, I do have very recent experience of ASTs...


    Wow...what do you want...a prize?
  • booksurr
    booksurr Posts: 3,700 Forumite
    edited 22 January 2017 at 1:37AM
    Crashy_Time wrote: »
    Wow...what do you want...a prize?
    his prize will be his comfortable retirement, whereas Crashy will be moaning about private LL and how Crashy has been robbed by them as the rent Crashy pays goes into enabling those wise property owners to enjoy their retirement.

    so sad, thank heavens for the social security heh Crashy?
  • booksurr
    booksurr Posts: 3,700 Forumite
    tim123456789 wrote: »
    Then you'll be surprised by most new/recent builds


    go on RM and look at 2 bed flats and 90% of the newer ones will have no separate kitchen
    indeed, have now done so and I stand corrected... and yuck :eek:

    what price a bit of studwork wall?
    http://www.rightmove.co.uk/property-for-sale/property-56576473.html

    http://www.rightmove.co.uk/new-homes-for-sale/property-57010825.html
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