2nd home somewhere on the South coast

northernsal

Hi there,

My parents are basically sick of manchester but both work in the city.

They would LOVE to buy a second home somewhere on the South coast, preferably Dorset or Devon.

However, they only have £180,000 to spend and there's just nothing in their price range apart from flats.

They don't want a leasehold and I think are looking forward to their retirement in 15 years time when they could move there down permanently.

Does anyone know of any up and coming areas on the South coast where the property would be cheaper, also with the house prices possible falling does anyone predict that this will apply to the South coast because I don't think London house prices will ever drop and as the South is pretty desirable,,maybe the same could be applied there?????

trulysaintly

If you're looking along the South Coast, concentrate on the outer lying areas of the main towns, eg Southampton & Bournemouth - think Christchurch, New Milton etc....

If their budget can be stretched to around £230k, I have a property right in the heart of the New Forest, less than five minutes walk from the open forest where the animals run freely...

Looking to sell early part of next year - ideal spot for sailing, walking and shopping - plus London is an hour and a half away by train to Waterloo.

silvercar

How often do they intend visiting before retirement?

A weekend away from Manchester to Devon and they will spend longer on the road than actually there!

Find somewhere with direct flights from Manchester airport.

jonewer

silvercar wrote: »

Find somewhere with direct flights from Manchester airport.

http://www.rightmove.co.uk/viewdetails-9645978.rsp?pa_n=1&tr_t=buy


Seriously though, why dont they just wait a while until property becomes more affordable.

Prices are on the way down, in case you havent heard.

trulysaintly

jonewer wrote: »

http://www.rightmove.co.uk/viewdetails-9645978.rsp?pa_n=1&tr_t=buy


Seriously though, why dont they just wait a while until property becomes more affordable.

Prices are on the way down, in case you havent heard.

Not on the South Coast they're not...(yet anyway)....

It will probably be one of the last places affected - the demand's still there, with not a lot of supply.

SquatNow

Have they considered the moral implications of what they plan to do?

By buying on the south coast they deny a local family of a place to live.

For £180,000 they could spend a lot of nights in good quality hotels helping the local economy rather than damaging it.

trulysaintly

SquatNow wrote: »

Have they considered the moral implications of what they plan to do?

By buying on the south coast they deny a local family of a place to live.

For £180,000 they could spend a lot of nights in good quality hotels helping the local economy rather than damaging it.

To be honest SquatNow, that has been going on down here for the last 15 years. I can't afford to live in the village I grew up in due to house prices being raised during the 90's by 2nd homeowners.

The trouble now, is that the prices are over and above what anyone on a normal wage can afford. I count myself lucky as I earn more than the average national wage but haven't got a hope.

Unfortunately for local people not earning 50k plus, the only hope is Social Housing....and if you have any half a decent wage and don't qualify for a council housing list you have got no hope.....yep stuck in the middle me!!

Don't earn enough to buy there and earn too much to stand a chance on a council list....

As you can tell, I'm not bitter.......:rotfl:

northernsal

SquatNow wrote: »

Have they considered the moral implications of what they plan to do?

By buying on the south coast they deny a local family of a place to live.

For £180,000 they could spend a lot of nights in good quality hotels helping the local economy rather than damaging it.

Expected comment from a squatter.

They live in a very modest terrace in Manchester in a pretty grim area and have worked their ******** off over the years and as a result, now want to put their life savings into something they can enjoy.

My dad has had a second job for the past 20 years and I also have one. I work 7 days a week and am saving like mad...and I choose to do that because that's the only way I can afford to buy my own place.

*****NEWSFLASH***First time buyers are struggling to get on the property ladder, but if they took on second jobs, rented a room in a scummy houseshare, lived at home drove a crappy car and worked in another job or put themselves up for promotions at work/re-trained and found a better career it is possible.

If you REALLY want to get on the property ladder, make sacrifices, move away you CAN do it.

Don't begrudge others who have grafted over the years happiness and a quality of life - and if you bothered to read my original post, they'll be retiring down there eventually, giving that local family in Manchester a place to live.

northernsal

trulysaintly wrote: »

To be honest SquatNow, that has been going on down here for the last 15 years. I can't afford to live in the village I grew up in due to house prices being raised during the 90's by 2nd homeowners.

The trouble now, is that the prices are over and above what anyone on a normal wage can afford. I count myself lucky as I earn more than the average national wage but haven't got a hope.

Unfortunately for local people not earning 50k plus, the only hope is Social Housing....and if you have any half a decent wage and don't qualify for a council housing list you have got no hope.....yep stuck in the middle me!!

Don't earn enough to buy there and earn too much to stand a chance on a council list....

As you can tell, I'm not bitter.......:rotfl:

Why should you be considered for Social Housing??

Stop whingeing, move away and earn more money, save then return home and buy somewhere to live.

It's hardly rocket science is it?

SquatNow

northernsal wrote: »

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Why should you be considered for Social Housing??

Stop whingeing, move away and earn more money, save then return home and buy somewhere to live.

It's hardly rocket science is it?

So who will run the shops, empty the bins, fix the streetlights, mend the plumbing etc for all the people who have bought 2nd homes?

Who will they go to when they are sick? Who will clear the roads when tree get blown down?

Multiple home ownership and land speculation has destroyed our society.

Hapless_2

northernsal wrote: »

Hi there,

My parents are basically sick of manchester but both work in the city.

They would LOVE to buy a second home somewhere on the South coast, preferably Dorset or Devon.

However, they only have £180,000 to spend and there's just nothing in their price range apart from flats.

They don't want a leasehold and I think are looking forward to their retirement in 15 years time when they could move there down permanently.

Does anyone know of any up and coming areas on the South coast where the property would be cheaper, also with the house prices possible falling does anyone predict that this will apply to the South coast because I don't think London house prices will ever drop and as the South is pretty desirable,,maybe the same could be applied there?????

Would they be willing to pay 100% council tax in 2 places? £180,000 in Devon will get you ex council flat or a beach hut or a caravan.