Secret Millionaire C4

SoozyJ22

The house for the lady who ran the dance studio was definitely intended as an investment property - the millionaire lady said she'd teach her hubbie how to make it give them an income for life. The house for the other lady did seem more like it was for them to live in, but as with everyone else here I couldn't work out how she could afford it.

brummiebabe

Am so glad it wasn't just me who was so confused...:rotfl: I'd have had to say, thanks but no thanks to the house....who would want to be left with a £420000 mortgage????

JET34

Glad it wasn't only me........ What sort of income did she think they had..... £420000 for a first time buyer and it wasn't even a house it was an apartment.. that said her kids were dressed in designer clothes so perhaps they do have a really good income

userdefinable

I too was confused about this. Surely some more manageable 250k properties would have been more suitable. Even if they rented some rooms out, I can't see how they'd pay the mortgage and the mortgages can't have been in their names obviously as otherwise they'd of known (and wouldn't have got them in the first place).


So did she intend to pay their mortgages too?

Even if the intention is to pay it themselves, I'm not sure of their exact situations but wouldn't it be that benefits they may receive might be stopped if they have that kind of investment under their belts?

Also I think giving them the deposit to choose thier own house would have been better. After all its a home not a house, and they might have like to choose something appropriate themselves?

painted_lady

I wondered this too, great programme though.

MABLE

It was really good to see other people were very confused on how these gifted people were going to pay the mortgage. Brilliant programme and there was not a dry eye in the house.

nobblyned

We were wondering the same.

Even with the first being an investment property, I'm not sure that now is the right time to be doing new build purchases to let.

What if they can't let it? That's a big mortgage to be stuck with when you are skint.

skintas_2

i cried.........my oh is from the area jill grew up in, i used to live there too..... i dont understand. i saw jill give the £5,000 cheque for her charity, what are you all saying about a mortage.... did jill give her a deposit or something, does sabrinas husband work, the show never said........its hard enough paying rent let alone a mortage with 3 kids under 5. as well....... did i miss something!!!!!!!

nobblyned

skintas wrote: »

i cried.........my oh is from the area jill grew up in, i used to live there too..... i dont understand. i saw jill give the £5,000 cheque for her charity, what are you all saying about a mortage.... did jill give her a deposit or something, does sabrinas husband work, the show never said........its hard enough paying rent let alone a mortage with 3 kids under 5. as well....... did i miss something!!!!!!!

She said that she'd given them an 80k deposit on a 500k house to live in. No explanation of where the other 420k came from, assumed they would have to be paying a mortgage....

skintas_2

that s what i mean did he have a job, who says he can get a mortage!!!!!!!


the couple who owned the stage school...... i thought they where great.......


the little girl whos goin to stage school.........good luck to her x