We gotta get out of this place

Gangstabird

I have got no advice for you apart from asking your local council if the will rent it to !!!!!. But that will not help the estate really.


Sorrry Mate.:beer:

epz_2

i would certainly never recomend getting a new build but have you considered part exchanging the place, if you can port the mortgage then it should be fees and the price difference you need to find.

the good bit is builders are really desperate for sales and im guessing with lot of the big companies, the salesman will look at it as someone else's prob once they have partexchanged what happens to the old place.

alternative is to pay someone to vandalise the kids till they get the message.

melancholly

just wanted to add that when reporting anything to the police, ensure you get a crime reference number (called a WIN number near me!). this ensures that the incident will get logged on the system and if there are enough to show up on reports, something will get done. we have an issue with persistent prostitutes near to me (not many and always the same ones) and sometimes you have to fight with the operator to get it logged, but it's the best way to get the police out to deal with it. i only ever ring the non-emergency line too.

the police officers in our area are fantastic and supportive (i think worthless is such an unfair term to use) but they are directed to target areas when there is a problem. making your problem higher up on their list seems to help - it also helps them ensure that they get allocated the resources (money/people) to do something.

Microstar_2

I own a few houses and have had 'problems' with youths from time to time.
British coppers are a complete waste of space and will not help you (I have a close relative in The Job - so I hear the inside track, and its not like the PR puffery you see on the 'real life' TV shows).

No. In most towns there are people who can help you sort out problems like this. You'll find them in the rougher pubs (off your estate of course). Ask around. Tell them who the parents are and where they live. A couple of £100's should do the trick. You won't see the kids near your house again.

lethal0r

whats a family loan?

jimc_2

Here's some 'breaking news' that might help! According to this, the Home Secretary wants the Police to be more active against street thugs. That INCLUDES videoing them and reporting incidents.

There's hope yet.

ruggedtoast

I wouldnt hold your breath. More Labour spin and twaddle, you may have noticed that the police dont seem to pay much interest in them unless it comes to their pay or duffing up pro-democracy protestors when Gordons buddies from China and the Middle East come to visit.

pawpurrs

I have neighbours who I dont get on with and want to move too, you have my sympathies.
What a horrid situation to be in, the MR sounds good might try that myself.

izzybusy23

tony_ack wrote: »

Hi

I posted some time ago about our situation. We bought a house with a 3% deposit in August last year, so unfortunately at just the wrong time. We think the house may have been overvalued, and as such bought at about 5% below asking price for £96500

During the last 8 months we have been targeted constanatly by gangs of kids from the estate. We're at the point now where we need to move. The final straw was on Sunday night when someone put a couple of bricks through my partner's car's rear window (I have long since sold my car in favour of a 1 1/2 hour commute because it was constantly being damaged).

The trouble is largely targeted at us - no-one else on the estate is suffering nearly as badly. I hate to say that we're probably being targeted because we have (had) two cars, nice stuff, etc., and don't really 'fit in' with the gangs of kids.

Last time I posted, I was basically given two options: Sell or move out and let out - neither of which I really wanted to consider, but now needs must.

Given the lack of equity in the house, selling will be pricey now, and we have to find a £2800 early repayment charge for the mortgage. We will also need a quick sale. With the problems we have been having with gangs of kids, there's also the moral dilema of selling to someone knowing that they may experience problems. Taking all this into account, selling to a 'sell your house fast' company seems like a good idea, despite the lower valuation I'll get. I'll need to get either an unsecured loan to cover the shortfall, or a 'family loan' - probably a big one (£15k-£25k). My credit record isn't bad - a missed payment here or there on credit cards a couple of years ago, but that's all. I'm also happy to take the financial loss and be tied into repayments for the next few years - I've lived on the breadline before, and it is preferable to living how we are now with the gangs of kids. Repayments on such a loan could be up to £500p/m - which is just about affordable if we were renting elsewhere at the same time.

Letting is slightly more risky I think, but with less outlay now, and the potential to lose less. I will need to get the lender's permission first, and get the house set up for renting out (e.g. saftey checks). Because of the gangs, and the fact it would be my first letting, I'd want the house to be managed by an agent. Looking at rents for similar properties in the area, I could expect £450-£500 pcm in rent, minus tax and agent fees. So probably about £325-£400 in my pocket. The monthly mortgage payment is £571, increasing to £633 (current svr) in August 2009. So I'll basically be subsidising the property at £200-£300 per month. I can afford to do this, but it's a lot of money to throw away per month. However, when (if) house prices recover, I may suddenly be in a better situation.

Anyway, I have the following questions:
1. The obvious one - sell or rent out?
2. Is there another way, bearing in mind that staying in the house is not an option?
Letting-
3. Is it difficult to obtain permission from the lender to rent out?
4. Is keeping the house on a wise investment?
Selling-
5. How much below market value will a 'sell your house fast' company typically offer? (%)
6. Are there any special 'negative equity loans' for my situation? I do not want to buy another property at the moment.
7. I've done some redecorating (including removal of woodchip) - the house is much nicer inside now. Will this cushion the drop in price somewhat?
8. Could I come to an agreement with my mortgage lender to pay off the negative equity with one of their loans (Halifax)?
9. Any way to just 'give the house back' to the lender and start again (ever the optimist!)

Many thanks

Ant

Just wanted to say sorry to hear about your situation. Its one of my worst nightmares living by gangs of youths. Either way I would get shot, selling and making a loss, or rent it out and subsidise it. Ok, you lose money both way, but I'd rather do that and keep my sanity and feel safe.

Good luck.

tonydee

What happened to giving a kid a thick ear hey?

I blame the Government for stupid human rights laws that have prevented kids from the last 15 years being taught disipline and respect.

Really hope you get it sorted as no-one should live their lives like this.

Best of luck.