Buying in South-East or South London

arthurdick

Also, I just remembered, That I lived in Grove Park once, and I would avoid that and anywhere near Chinbrook or Downham way.

Out of all the places that I lived around South East London, Greenwich and Lewisham had the better vibes.

Miranda25

arthurdick said:

I tend to agree with Cattie there, I never heard of any antisocial goings on from around that area but that was around 40 years ago that I lived in Eltham I actually thought it was worse around middle park estate and the Ferrier, we lived in Shawbrooke road and that was sort of nice but we also drank in the Yorkshire Grey, which we thought was nice, so it just goes to show you, that the Rep some places get, don't seem as bad when you live there.

Hopefully within 5 years, I will be moving back to around South London area and at the moment the areas I think that  are nicer than Eltham, Erith, Woolwich,  bexleyheath and Croydon, are, Lewisham, Greenwich, Blackheath,Crystal Palace, Beckenham, Penge and even Deptford.

Beckenham is nice but expensive (for me). 
What attracts you to Lewisham, Deptford and Woolwich please? 

onetimeatponycamp

Miranda25 said:

onetimeatponycamp said:

Miranda25 said:

movilogo said:

I would suggest that you skip leasehold flats and buy a house only. There will be a trend for people to move away from London as work from home becomes mainstream. So right now you would buy at the peak of the market. London prices won't rise fast any more - in fact likely to fall instead. Get a 2-bed house at least with some garden - if that means going bit away from London. 
Off course, it depends on how much you need to commute to central London daily and where your work can be done remotely.

I wish I could buy a house but I cannot afford it. I rely on government support of 40% in HTB scheme but outside M25 this support will be 20%. 
I did not think about old properties as I imagine that repairs in UK will be expensive. Although I have no idea what is more beneficial in terms of money: to buy new property or to buy old one plus repairs?
Also I am not sure if I want all these repairs as I am not planning to do it my home forever. Even opposite as soon as I have an opportunity to go for work to another country I would jump at the opportunity. 
Here comes another question: can I rent out property bought on HTB scheme?

I think you really need to read all of the documentation about HTB if you are looking to use the scheme. You can't rent the property out until you have repaid the loan, though there are a couple of exceptions. I think you really need to fully understand the scheme to decide whether it's a good option for you.

Thank you.
I spoke to one developer: they allow lodgers but expect that you inform them. They do not allow tenants, only in exceptional circumstances and usually it would be permitted for 6 or 12 months (after you provide a confirmation of your exceptional circumstances). Not sure if rules are similar across all developers or they vary.

It's not up to the developers, you need to comply with the terms of the HTB loan. Suggest you read the government guidance on it. Any rules from developers are presumably part of the lease which are additional things you might need to comply with - but not instead of.

arthurdick

Miranda25 said:

arthurdick said:

I tend to agree with Cattie there, I never heard of any antisocial goings on from around that area but that was around 40 years ago that I lived in Eltham I actually thought it was worse around middle park estate and the Ferrier, we lived in Shawbrooke road and that was sort of nice but we also drank in the Yorkshire Grey, which we thought was nice, so it just goes to show you, that the Rep some places get, don't seem as bad when you live there.

Hopefully within 5 years, I will be moving back to around South London area and at the moment the areas I think that  are nicer than Eltham, Erith, Woolwich,  bexleyheath and Croydon, are, Lewisham, Greenwich, Blackheath,Crystal Palace, Beckenham, Penge and even Deptford.

Beckenham is nice but expensive (for me). 
What attracts you to Lewisham, Deptford and Woolwich please? 

Hi Miranda, I think what attracts me to Lewisham is mainly good memories from the couple of times I lived there and also being so far away from there for almost the last 25 yrs, down in Maidstone and only stayed here because I got a job after yrs and yrs out of work due to accidents. Being born and brought up around East London and South East London for my first 35 yrs, I miss it so much.

I like how Deptford makes me feel plus Manzes Pie & mash, and the market.  As for Woolwich, not too keen as it seems not a lot of a London feel to it, a bit like Croydon.

Greenwich has a really good buzz to it and I loved living by the Thames, but very expensive. I only lived there in the 70's with my mum and dad in a council flat in Thames st, I was only 10 - 13  at the time but still loved it.

Lewisham tops it for me with the good transport hub.