How can people be so greedy?

neas

Must agree I dont have 100k. Im prob 0k if you take my student loan into account... so yea you are better off than I. And as someone already mentioned its not about the house its about starting to get a secure future... But it doesnt matter if we have to move rented accomodation multiple times before we buy our own house then so be it . Im over it now.

dmg24

blue_monkey wrote: »

dmg, have you read the rest of the posts? BB go and tell the LL you have that much rent to put up front and they'll house you. Surely you only need a room in a shared house though rather than renting somewhere. Better than kipping on a mates sofa.

Yes, I have, and I have also read the rest of BB's posts ...

His response to your thread does not say which of the two options you mentioned that he planned to pursue, hence my question.

blue_monkey_2

Hi dmg, thought you had. I find it bizarre comeone can be moaning about being homeless with 100k in the bank. My (ex)friend had to sell her house PDQ and had defaults, charges and CCJ's up to her ears but managed to get somewhere to live as she had a nice hefty lump of cash to put on the table. She was still 6k in 'credit' with the EA when her HB came though and she goes to the EA when she is skint and asks for some of it back!! If you have money you can get anywhere, especially with a private landlord!!

Lots of Letting Agents are going under too BB so don't assume it is just the Landlord you need to be wary of - as they keep this money and pass it onto the LL for you each money and get their own interest on the money you pay them!!

Benefits_Blagger

blue_monkey wrote: »

dmg, have you read the rest of the posts? BB go and tell the LL you have that much rent to put up front and they'll house you. Surely you only need a room in a shared house though rather than renting somewhere. Better than kipping on a mates sofa.

i plan to rent and live off my savings. but my big problem is (have already posted a thread about this, but didnt get any constructive advice) if i pay upfront and my landlord has lied on his mortagage (i.e. get a residential rather than a BTL) mortgage, i have the problem of losing my money and home if he gets repossed, which is more likely in this climate.

Frugaldom

blue_monkey wrote: »

80k would not even buy a caravan around here I am afraid - even these now cost in excess of 100k

Someone needs to open a caravan sales centre there and the first step should be to round up everyone with a large garden available. :rotfl: How quickly can your local planning office turn around site applications?
This could be the start of a really lucrative property-related business and see the makings of our next generation of entrepreneurs...

Alternative Abodes Ltd... here we come

Please note that the above is an entirely fictional business and I am in no way, shape or form associated with anything remotely connected to property investments. I rent until I can afford to buy

dmg24

Benefits_Blagger wrote: »

i plan to rent and live off my savings. but my big problem is (have already posted a thread about this, but didnt get any constructive advice) if i pay upfront and my landlord has lied on his mortagage (i.e. get a residential rather than a BTL) mortgage, i have the problem of losing my money and home if he gets repossed, which is more likely in this climate.

There are plenty of private landlords that will not even do a credit check, and will be happy with just one month in advance plus a bond (usually a month). In the three years that I rented, I never had a credit check (although it would have been fine anyway! ) or a character reference requested.

If your deposit is secured through the TDS you will have no problem getting your deposit back (assuming you have not damaged the property, or broken the terms of your lease in any other way).

You are putting barriers in your way that do not even exist ... or you're making the whole thing up?

neverdespairgirl

aztec21 wrote: »

I am not sure how good your geography is but Wales is only around 20 miles from Liverpool so saying your father went on summer holidays there only shows how much standards of living have improved since then.

Depends which bit of Wales, it's a big place! In fact, they went about 50 miles from home.

OH and I have taken our summer holidays in Cornwall the last three years, and gone there by train as well - which is pretty similar to what my parents did when they were children!

We have also gone to Israel 5 times in the last 3 years, to introduce our son to his other culture, though.

Benefits_Blagger

dmg24 wrote: »

There are plenty of private landlords that will not even do a credit check, and will be happy with just one month in advance plus a bond (usually a month). In the three years that I rented, I never had a credit check (although it would have been fine anyway! ) or a character reference requested.

there was a time when most landlords were like this and there were always the best to deal, as they would be hands on with the property, and you would get a feeling when you first met them, if they were going to be a good or bad landords. likewise they could tell if you were going to be a good or bad tenants.

landlords are very few and far between.

i probably am putting up barriers, but i was recently ripped off and made "homeless" recently through a landlord who was renting to me, when he shouldnt. ;-( so im being cautious.

neverdespairgirl

Some electricity stats, from the National Trust:

"The first stage of construction was completed in l934, and the network of power supply made possible by the National Grid dramatically affected the numbers of connected houses, which rose from 31 per cent in l931 to 65 per cent in l938. Ten years later this had increased to 85 per cent. By the time the newly elected Labour government nationalised the industry in l948, electric lighting was no longer considered a luxury."

So if, by 1948, 85% of homes had electricty, someone born in 1958 is unlikely not to have had it.

neas

neverdespairgirl wrote: »

Some electricity stats, from the National Trust:

"The first stage of construction was completed in l934, and the network of power supply made possible by the National Grid dramatically affected the numbers of connected houses, which rose from 31 per cent in l931 to 65 per cent in l938. Ten years later this had increased to 85 per cent. By the time the newly elected Labour government nationalised the industry in l948, electric lighting was no longer considered a luxury."

So if, by 1948, 85% of homes had electricty, someone born in 1958 is unlikely not to have had it.

good research, i love how people sometimes tell white lies in arguments . Good when they are caught out though .