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Property Ladder - C4

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  • Badger_Lady
    Badger_Lady Posts: 6,264 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    I was amazed that the lazy couple ever finished, let alone made such a fantastic profit... sometimes you just can't guess them, can you!?

    And yeah, they must have been pretty well off to start with, to get hold of £95k without even realising it (he thought he'd spend £65k??), and then be able to just carry on living there..?
    Mortgage | £145,000Unsecured Debt | [strike]£7,000[/strike] £0 Lodgers | |
  • No sign of the great property crash of 2007 in Streatham yet then.
  • SickStu wrote: »
    No sign of the great property crash of 2007 in Streatham yet then.

    They bought at the start of 2006 didn't they? It made me sick that those couple of work-shy dog-sitting hippies made an absolute mint by borrowing from mummy and daddy and 'redecorating' a house over the course of a year! They have enough money for a lifetime supply of bran flakes and sandals now!
  • thesaint
    thesaint Posts: 4,324 Forumite
    Part of the Furniture Combo Breaker
    Programmes a load of crap and the host is a dog.
    That baby has sapped all her attractiveness away.
    Sorry Saint..

    That's fighting tallk. :naughty:
    Well life is harsh, hug me don't reject me.
  • Programmes a load of crap

    What!? That show is awesome! It's the only Property !!!!!! show that also gives you the satisfaction of schadenfreud.
    :beer:
  • I was amazed that the lazy couple ever finished, let alone made such a fantastic profit... sometimes you just can't guess them, can you!?

    And yeah, they must have been pretty well off to start with, to get hold of £95k without even realising it (he thought he'd spend £65k??), and then be able to just carry on living there..?

    Ah! But they haven't made a profit! They're not selling the house - they want to live in it for a while. Maybe sell in a couple of years.

    If they're able to turn down the chance at £175,000 profit, then I'd say they're rolling in dough, even if they did have to "eat brown rice for eight months."

    I noticed the other couple talked about "having to dip into the holiday fund just to keep the project going." They had a holiday fund and didn't want to invest it in the house. Now, I'd understand an emergency fund that was inviolate but that they had money set aside for a holiday seemed odd to me.

    Also odd: if their goal was to buy their own home, why didn't they just live in the house, themselves? If it's because it was too big for them (no kids) then why didn't they buy something smaller? Even a delapidated flat that they could have done up... could have maybe been in a good location, etc. I wonder what they wanted to be able to spend on their own home?
    :beer:
  • They bought at the start of 2006 didn't they? It made me sick that those couple of work-shy dog-sitting hippies made an absolute mint by borrowing from mummy and daddy and 'redecorating' a house over the course of a year! They have enough money for a lifetime supply of bran flakes and sandals now!

    To be fair, they did do a lot of work, themselves. They just didn't do it very quickly.
    :beer:
  • itsbeef
    itsbeef Posts: 801 Forumite
    To be fair, they did do a lot of work, themselves. They just didn't do it very quickly.


    I can picture that she got her hands dirty doing some work but he was just a big drama queen who did diddly squat around the place........

    As for buying more clothes for the dogs with the potential profit...... thats just hideous!!!!
  • BrandNewDay
    BrandNewDay Posts: 1,717 Forumite
    These shows seem to wrap up in July or so, just before the market officially started to soften. I mean, there had been a couple of interest rate rises, but sales hadn't yet been reported as being down, and the words "subprime meltdown" hadn't yet been uttered on the news. That's about when we were seriously looking and starting to make our offer. We ended up having a very hard time finding a mortgage by the end of the summer. Our first offer in principle backed out and we barely squeaked by with our eventual lender.

    What I'm saying is, they're showing EA's making optimistic evaluations, but I wouldn't be surprised if those actual houses aren't yet sold.
    :beer:
  • poppy10_2
    poppy10_2 Posts: 6,588 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    What!? That show is awesome! It's the only Property !!!!!! show that also gives you the satisfaction of schadenfreud.

    Really? :confused:
    They all seem to end up making thousands of pounds profit, no matter how badly they mess up.

    I can wait for the real schadenfreude when the programmes that are being taped in the current climate get to air.
    poppy10
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