[porca misèria]

I just put in an offer. The agent thinks it'll be accepted (and it's in the agent's interest, 'cos there's another agent competing for the commission).

Nice stone-built cottage, though in need of some work. Lovely quiet location with no road access and noone passing (except the immediate neighbours in this cluster of six cottages). Lovely south-facing garden going down the hill.

And comfortably below budget, below its own last-sold price (Jan 2004), and well below Zoopla's estimated price for it.

Motivation: mainly that I'm p***ed off with the rental market. And by putting up a 40% deposit I can get mortgage payments down to one third of my current rent, and on a nicer place!

[The Eagle]

Good for you, are you sure that the place isn't a money pit?

How about the neighbours, any dangerous weirdos among them?

Any old coal mines below ground?

[Bloo Loo]

awake_eagle, on 06 March 2012 - 05:03 PM, said:

Good for you, are you sure that the place isn't a money pit?

How about the neighbours, any dangerous weirdos among them?

Any old coal mines below ground?

seagulls...bears, wild cats...you just be careful out there.

[juvenal]

awake_eagle, on 06 March 2012 - 05:03 PM, said:

Good for you, are you sure that the place isn't a money pit?

How about the neighbours, any dangerous weirdos among them?

Any old coal mines below ground?

True HPC spirit!

[Guest_James Toney_*]

porca misèria, on 06 March 2012 - 04:53 PM, said:

I just put in an offer. The agent thinks it'll be accepted (and it's in the agent's interest, 'cos there's another agent competing for the commission).

Nice stone-built cottage, though in need of some work. Lovely quiet location with no road access and noone passing (except the immediate neighbours in this cluster of six cottages). Lovely south-facing garden going down the hill.

And comfortably below budget, below its own last-sold price (Jan 2004), and well below Zoopla's estimated price for it.

Motivation: mainly that I'm p***ed off with the rental market. And by putting up a 40% deposit I can get mortgage payments down to one third of my current rent, and on a nicer place!

great well done, sounds a good buy, if you can get at pre 2004 prices, it is a no brainer if you are paying a third of your rent too,

[SeeYouNextTuesday]

awake_eagle, on 06 March 2012 - 05:03 PM, said:

Good for you, are you sure that the place isn't a money pit?

How about the neighbours, any dangerous weirdos among them?

Any old coal mines below ground?

He's been drinking roundup

[laurag]

Yes, good luck in your new home.

[Secure Tenant]

Durch, on 06 March 2012 - 06:33 PM, said:

Could be a tasty bunker, or the coal could be a survival lifeline come peak oil. (Plus there might be gold in them thar mines!)

Ideal for storing and launching your "superhero" Watchman style flying vehicle.

This post has been edited by "Steed": 06 March 2012 - 06:45 PM

[Sine270]

And dont forget that maintenence costs will more than takeup the difference between rent and mortgage payment

[porca misèria]

awake_eagle, on 06 March 2012 - 05:03 PM, said:

Good for you, are you sure that the place isn't a money pit?

I expect to spend a few quid bringing it up to scratch. But I expect ongoing costs to be met comfortably from the rent I'm no longer paying.

Quote

How about the neighbours, any dangerous weirdos among them?

Hmmm .... not the most likely location for anything more sinister than a HPCer.

Quote

Any old coal mines below ground?

No coal around here. If there were mine workings they'd be something different.

[winkie]

porca misèria, on 06 March 2012 - 04:53 PM, said:

I just put in an offer. The agent thinks it'll be accepted (and it's in the agent's interest, 'cos there's another agent competing for the commission).

Nice stone-built cottage, though in need of some work. Lovely quiet location with no road access and noone passing (except the immediate neighbours in this cluster of six cottages). Lovely south-facing garden going down the hill.

And comfortably below budget, below its own last-sold price (Jan 2004), and well below Zoopla's estimated price for it.

Motivation: mainly that I'm p***ed off with the rental market. And by putting up a 40% deposit I can get mortgage payments down to one third of my current rent, and on a nicer place!

Good Internet connection...check.

Less can be more.

[porca misèria]

winkie, on 06 March 2012 - 06:58 PM, said:

Good Internet connection...check.

Less can be more.

Thanks, but already checked that one. BT's ADSL checker gives me a very similar estimate to the current place. So even if they've erred the wrong way it's not a total disaster.

And south-facing roof, where I could in principle put up a satellite-internet dish. Though I want to use the space for solar panels.

[Frank Hovis]

Attractive pricing in Devon, maybe it'll cross the Tamar next

Well done you miserable pig you!

[plummet expert]

porca misèria, on 06 March 2012 - 04:53 PM, said:

I just put in an offer. The agent thinks it'll be accepted (and it's in the agent's interest, 'cos there's another agent competing for the commission).

Nice stone-built cottage, though in need of some work. Lovely quiet location with no road access and noone passing (except the immediate neighbours in this cluster of six cottages). Lovely south-facing garden going down the hill.

And comfortably below budget, below its own last-sold price (Jan 2004), and well below Zoopla's estimated price for it.

Motivation: mainly that I'm p***ed off with the rental market. And by putting up a 40% deposit I can get mortgage payments down to one third of my current rent, and on a nicer place!

Stick to the paths....and er er, Zoopla pricing is not reliable. Watch out for more 'n more interest rate hikes over the next 3-4years.

[scottbeard]

Hope you enjoy your new home!