Hidden costs of buying a house?
12 November 2013, 09:52 PM
#61
Scooby Regular
Join Date: Oct 2001
Location: ....
Posts: 6,621
Likes: 0
Received 0 Likes
on
0 Posts
13 November 2013, 06:14 PM
#64
Scooby Regular
Thread Starter
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
I looked at a couple of houses today, both period terraces. Typical FTB'er properties in my area. One was tiny, stunk of cats ****, very small, had had a dodgy survey, but great location, will avoid. Other was great - being a bit bigger - but reeked of cig smoke - it had only just gone up for sale but I noticed three other people viewing it when I was there. The market is really busy right now. 
13 November 2013, 06:36 PM
#67
Scooby Regular
Thread Starter
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
Yeah I think you are correct of course but then otoh for my price target (ish) of 250k it would mean some people getting the 12.5k (5%) help from the state, but still needing a considerable mortgage. I mean if you can't save up 12.5k how can you afford to borrow almost 250k?
you'll be able to follow the whitey's at a months notice when the darkies come a calling.
13 November 2013, 07:35 PM
#70
TDW is looking in a very select area of Manchester dontcha know?
I would prefer to buy something a bit further out,twice the floorspace and drive an extra 10 mins..
I would prefer to buy something a bit further out,twice the floorspace and drive an extra 10 mins..
13 November 2013, 07:38 PM
#71
Scooby Regular
Thread Starter
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
13 November 2013, 07:41 PM
#73
Scooby Regular
Thread Starter
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
13 November 2013, 07:42 PM
#75
Scooby Regular
Thread Starter
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
Well my monthly mortgage payements if I buy will be cheaper than renting.
13 November 2013, 07:43 PM
#76
Sounds like a £1000 a month mortgage though ??
We are thinking of moving and we havent had a mortgage for 7 years since we paid off our current property,just wondering how it all worked now ?
We are thinking of moving and we havent had a mortgage for 7 years since we paid off our current property,just wondering how it all worked now ?
13 November 2013, 07:51 PM
#78
Scooby Regular
Thread Starter
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
Hmm maybe. I'm talking about Hale and Altrincham (do you know these places). Hale is mega expensive. I wouldn't call the terraces in Hale, 'suburbia', since they are kind of centered around Hale itself. Go to Timperley and buy a semi for the same price and yes it is suburbia to me. Suburbia is just some places with houses and roads.
13 November 2013, 07:52 PM
#79
Scooby Regular
Thread Starter
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
I'm a FTB'er so not that much clue how it works. I have at least 50% deposit so mortgage won't be so big.
13 November 2013, 08:01 PM
#81
Yea,i do know Hale and Altrincham..... Hale is nice,but too close to Wythenshawe for me..
I would be trying to head over to Ashley,Mobberley way...
I dont know the official definition of suburbs,but rows of terraces and Barratt style estates are what my mind comes up with..
Victorian terraces can be gorgeous.....I wouldnt live on a new build housing estate if it was free.What a depressing way to spend your life..
I would be trying to head over to Ashley,Mobberley way...
I dont know the official definition of suburbs,but rows of terraces and Barratt style estates are what my mind comes up with..
Victorian terraces can be gorgeous.....I wouldnt live on a new build housing estate if it was free.What a depressing way to spend your life..
13 November 2013, 08:03 PM
#82
Scooby Regular
Thread Starter
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
I only half joke, seriously it just about allows to (hopefully) buy a small house...in what is sure a desirable area (outside London of course). I don't want a mega mortgage I know that, just something manageable that I can clear in 5 years.
13 November 2013, 08:06 PM
#83
Scooby Regular
Thread Starter
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
Yea,i do know Hale and Altrincham..... Hale is nice,but too close to Wythenshawe for me..
I would be trying to head over to Ashley,Mobberley way...
I dont know the official definition of suburbs,but rows of terraces and Barratt style estates are what my mind comes up with..
Victorian terraces can be gorgeous.....I wouldnt live on a new build housing estate if it was free.What a depressing way to spend your life..
I would be trying to head over to Ashley,Mobberley way...
I dont know the official definition of suburbs,but rows of terraces and Barratt style estates are what my mind comes up with..
Victorian terraces can be gorgeous.....I wouldnt live on a new build housing estate if it was free.What a depressing way to spend your life..
Some stuff does come up Ashley and Mobberly way, but I'd bit lonely stuck out there on my own (being single) having to drive everywhere.
Hale is full of douche bags driving Range Rover sports, but it does have some life going on at least.
13 November 2013, 08:14 PM
#84
Ah it's small fry by SN standards.
I only half joke, seriously it just about allows to (hopefully) buy a small house...in what is sure a desirable area (outside London of course). I don't want a mega mortgage I know that, just something manageable that I can clear in 5 years.
I only half joke, seriously it just about allows to (hopefully) buy a small house...in what is sure a desirable area (outside London of course). I don't want a mega mortgage I know that, just something manageable that I can clear in 5 years.
If you'll be able to pay it off in 5yrs then that's ok, but I still question WHY buy if you don't have a family?
Cash is king ATM and the freedom to go anywhere in the world at a moments notice has got to be a bonus.
I'd look at thailand, sucky fcuky 10 dorah.
13 November 2013, 08:16 PM
#85
Just had a flick through rightmove and you could get into Alderley edge and surrounding area's for the kinda money you wanna spend.At least out of the flightpath..
Dont worry about being lonely....lol... Moving to a new area and getting out and about is brilliant...Not seeing the same old faces is a good thing.
Dont worry about being lonely....lol... Moving to a new area and getting out and about is brilliant...Not seeing the same old faces is a good thing.
13 November 2013, 08:23 PM
#86
Scooby Regular
Join Date: Nov 2000
Location: 32 cylinders and many cats
Posts: 18,658
Likes: 0
Received 1 Like
on
1 Post
Not sure I would buy a typical house in your area presently. Looks overvalued and vulnerable to me. Depressing maybe, but looks the wrong time and in the wrong area.
13 November 2013, 08:29 PM
#87
Scooby Regular
Thread Starter
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
It's certainly not a great investment opportunity but it's the right time personally to buy a house and I'm not leveraging myself much...very manageable even if interest rates go up to 'normal' levels. But I know what you mean and it is very annoying. I was talking to a mate recently and telling him I was basically being shaken out of the tree. Do I want to rent for another 5 or 10 years? Not really.
13 November 2013, 08:34 PM
#89
Scooby Regular
Thread Starter
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
Yeah exactly. I loath new build homes and most semis are very depressing unless built prior to the war and even then aren't great. I certainly couldn't live in a 70's or 80's house. Most of the victorian terraces are excellent build quality although some of the oldest ones can be a bit ropey now.
13 November 2013, 09:24 PM
#90
Hmm maybe. I'm talking about Hale and Altrincham (do you know these places). Hale is mega expensive. I wouldn't call the terraces in Hale, 'suburbia', since they are kind of centered around Hale itself. Go to Timperley and buy a semi for the same price and yes it is suburbia to me. Suburbia is just some places with houses and roads.
