How much have you lost on your property ?

Benefits_Blagger

bobby-boy wrote: »

Quick question Blagger if you are happily looking for work and on bennifit but dont get HA how come you can go for theses flats you mentioned in an other thread at 550+ a month? "Landlords like me " dont take 5/6 of the rent I get full rent as I price the properties accordingly.
Just stop being bitter mate!

Don't get HA, as I have savings, thus can pay rent from that.

I pay 5/6 ths rent or less,cos if I have a [EMAIL="tw@t"]!!!!!![/EMAIL] of a LL I will start p!ssing them about with the rent.

lwcus78

Bought house in south wales dec 2005 for £185K. Identical houses on our street now selling for 170K.

ryandj

Benefits_Blagger wrote: »

I pay 5/6 ths rent or less,cos if I have a !!!!!! of a LL I will start p!ssing them about with the rent.

or even less if they dont have a clue about how the game works

What is this game of p!$$ing about with your LL's rent? Very nice way to behave.

chappers

Benefits_Blagger wrote: »

if I have a !!!!!! of a LL

Would have thought a marriage made in heaven

Benefits_Blagger

House prices fell by 2.5% in March, the biggest monthly decline since September 1992, the Halifax has said.

http://news.bbc.co.uk/1/hi/business/7336010.stm

So how much did you lose in march ? how much have you lost since the crash started ?

neas

I've lost nothing cause I dont own a house, I have no worries . Ahhhh.

poppy10_2

Benefits_Blagger wrote: »

House prices fell by 2.5% in March, the biggest monthly decline since September 1992, the Halifax has said.

So how much did you lose in march ? how much have you lost since the crash started ?

Average house price is down a whopping £8 grand, from £199k in August to £191k now. That's got to hurt! :eek:

Benefits_Blagger

poppy10 wrote: »

Average house price is down a whopping £8 grand, from £199k in August to £191k now. That's got to hurt! :eek:

I know :beer:

moneymare

Bought semi-detached house in April 2006 for £137500

Next door neighbours just sold theirs for £164000

:beer:

baby_boomer

I theoretically just "lost" about £9K in March 2008. But my savings, pension and mortgage debt didn't really change.

So I don't count myself poorer as a result. And if any March fall in house price means my Kipper son can find somewhere to buy then I'll be much better off. :rotfl:

poppy10 wrote: »

Average house price is down a whopping £8 grand, from £199k in August to £191k now. That's got to hurt! :eek:

It doesn't hurt most people and it will probably help more people than it hurts. However the related credit crunch probably will hurt the majority when we remortgage or when your bank puts up our SVR.

tomstickland wrote: »

It won't be a profit or loss until the day I sell it.

It'll actually only be a profit if you then decide to rent for the rest of your life.