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House not selling - Taking over mortgage payments individually

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Comments

  • ST1991
    ST1991 Posts: 515 Forumite
    Fourth Anniversary 100 Posts
    Unfortunately i can't afford to buy him out - and even if i could, i would also need a chunk of cash to pay off a part of the motrgage as i wouldn't be able to take over the remaining mortgage in my name solely.

    The mortgage remaining is £161k, affordability for me is around the £100k mark - and depending on what we sell it for - there will be equity to pay off to him too :(
  • lisyloo
    lisyloo Posts: 30,113 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 20 March 2019 at 12:42PM
    Can`t be many ladies in council accommodation on benefits getting pregnant then, according to your world view? I wouldn`t bet on a long delay to Brexit, the mood music is indicating that the legal default of leaving under WTO rules will happen in a few days, there are too many hurdles for a long extension to be accomplished in that time IMO.

    I was referring to the house buying population which roughly doesn’t include the bottom 3rd of society who traditionally have never owned.

    Those who are never going to buy a house are not relevant to house prices and the housing market.

    It is fact that femal fertility declines rapidly after age 35.
    This is medical fact not my world view.
    It’s also a fact (see ONS) that most women have children (around 80%).
    It’s also a fact that most people aspire to have their own home that they can personalise and not be at risk of 2 months notice as they bring up a family.

    It would be nice if you could put anything you feel is wrong with the world at my feet and it’s obvious you compartmentalise anything that doesn’t fit your view whereas my view does change when I listen to others especially those I don’t agree with.

    You are right about not having a long delay. I’ll admit to being wrong about that (but it’s not over yet).
    I have no issue with being wrong or admitting it because I know it means I’m listening and learning rather than having my mind shut off.
    Personally I don’t want a no deal brexit but I would prefer the uncertainty is resolved not in general but also personally as I plan my retirement.

    I think most people accept there will a short a term hit from a no deal but also that it won’t be as bad as worse case forecasts e.g. Mark Carney.
    Bring it on. Short term there will be some issues, but we will be able to go forward with certainty and that will help those selling/buying or just in general getting on with their lives.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    lisyloo wrote: »
    I was referring to the house buying population which roughly doesn’t include the bottom 3rd of society who traditionally have never owned.

    Those who are never going to buy a house are not relevant to house prices and the housing market.

    It is fact that femal fertility declines rapidly after age 35.
    This is medical fact not my world view.
    It’s also a fact (see ONS) that most women have children (around 80%).
    It’s also a fact that most people aspire to have their own home that they can personalise and not be at risk of 2 months notice as they bring up a family.

    It would be nice if you could put anything you feel is wrong with the world at my feet and it’s obvious you compartmentalise anything that doesn’t fit your view whereas my view does change when I listen to others especially those I don’t agree with.

    You are right about not having a long delay. I’ll admit to being wrong about that (but it’s not over yet).
    I have no issue with being wrong or admitting it because I know it means I’m listening and learning rather than having my mind shut off.
    Personally I don’t want a no deal brexit but I would prefer the uncertainty is resolved not in general but also personally as I plan my retirement.

    I think most people accept there will a short a term hit from a no deal but also that it won’t be as bad as worse case forecasts e.g. Mark Carney.
    Bring it on. Short term there will be some issues, but we will be able to go forward with certainty and that will help those selling/buying or just in general getting on with their lives.

    They are because their numbers have been growing year after year, that is one of many reasons why house prices are going to correct themselves.
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