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About ravedave

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  1. I've posted on here a few times looking for advice, but having held off and held off I'm now in a position to purchase. Currently paying out £580pcm on rent for a 1 bed apart in centre of Belfast. Over the past two years this amounts to nearly £14k which I've essentially flushed down the toilet paying for some other persons mortgage. Now there were other factors at the time (which I have no desire to elaborate on here) which meant that renting during this time period was the best choice for me. However, time has moved on and things have changed and things are more stable, meaning I am
  2. I see "JD" back on the Stephen Nolan show tonight with 'Make Britain Great Again' baseball hat. The man is a ballbag.
  3. When my parents were buying, interest rates were at 14%. When my uncle renovated he spent almost £100k and he was told he was mad. When I initially started looking to purchase in 2006 I was up against people bidding on properties like they were going out of fashion. I dodged a bullet there. However, ever since then and despite the correction, people on here are still saying that a further correction is required. Is there ever a right time to buy without the benefit of hindsight?
  4. I wouldn't have thought that South Studios would have been the best of apartment blocks - I think it is mostly rentals and AirBnB. I have been in Wellington Sq (off Annadale Embankment) and found it fine, but some posters here say the quality of the build is not great - I probably wasn't there long enough to notice any issues. I just want my own place now. It will be long term, so I'm not concerned about fluctuations in the market and buying at the bottom has long gone. It's kind of looking like a Semi-D somewhere in the 'burbs. Any apartment complex that would entice me would
  5. TBH - I'm not really fussed on OBC. It is okay, although if you move into those houses your access is via the entry at the Spar and funeral parlor - which can be a bit cumbersome during the rush. It's a younger crowd in there so at 40yo I'm thinking of somewhere a bit more sedate. In terms of apartments, I was wondering about ones up at Broomhill & Danesfort. What are they like? Is access at rush hour a problem as you are going out onto a main route? Just noticed the following which seems okay, is it? https://www.propertypal.com/apt-2-balmoral-view-96-balmoral-avenue-bel
  6. Hi, Thought this might be a good place to ask - I need to purchase some trickle vents (existing fixing centres are 440mm) in light brown. Where is the best place to get these, didn't think they would be so hard to locate? Thanks.
  7. I suppose my main concern would be security as I would be away often. I just felt that initially an apartment would be more secure as my patterns would not be easily observed.
  8. Looking to purchase in this year. Can't/Won't put it off any longer. I think that an apartment might be a suitable proposition for me - single male in 40's, close to town, car parking, ease of maintenance, etc. Plus, I'm not always about - esp at weekends so my routine would not be a visible as with a house, making it less of a target for crime. However, from reading on here I am aware that apartments are not well thought of. I've been in some of them in the city centre and I agree that they are not 'ideal' for someone looking to be a owner/occupier. So, the question is - whe
  9. House prices could drop by 30% in the event of a no deal BREXIT: Bank warns no-deal could see UK sink into recession I can't see this scenario actually playing out. The lack of supply of decent stock on our market at present may also cushion the fall here. I expect any drop to be quite small compared with 07.
  10. It is a supply of decent properties I'm talking about. A lot of what is coming onto the market is garbage therefore the decent properties (or those with potential) are gaining a lot more attention than normal.
  11. That can only happen if the right properties come onto market. The market is being held up by a lack of decent housing pushing prices upwards. My opinion is that Brexit will be a fudge at worst or will not happen. Sentiment is changing and no-one will want to be the person/PM/party to throw the UK into the oncoming nightmare of a hard Brexit or anything other than remaining in the CU. Therefore, I'm going to pull the trigger if something I want becomes available. My only problem is that as a single purchaser, I'm up against couples who have more clout than I have. How much over a
  12. Hmmm... Not as much chat and discussion on the reports now as there used to be! From glancing through the results, most areas seems to be reporting a healthy YoY increase, although the swing in the previous quarter is refreshing for buyers in most areas - Belfast being practically static. It would need to continue for a few more quarters for it to be meaningful. There does appear to be the beginnings of a plateau in both sales and prices. However, whether there will be an adjustment is difficult to say. I suspect not. Despite the number of users on here who believe the market he
  13. Hello, I've invested most of my savings in an S&S ISA via an IFA which I am happy with. I also have about £50k in savings in a savings account which are doing terribly. In the next 1 - 2 years I plan to purchase a property. I am looking to starting investing some money as a means of becoming more self responsible for my finances. I have planned to take a sum of £5k and invest it somewhere - probably in a VLS100 fund or its Blackrock equivalent. I don't intend to go down to investing in shares specifically yet. I've got a LISA opened with the minimal £100 amount.
  14. Are you expecting the news to have a downward effect on the market? I'm paying almost £600pcm on a rented apt. I'm thinking of moving towards a purchase as I don't see myself moving in a long time and I'd rather make the money work a bit better for me. Trying to see how much property is going for in S/SE Belfast. Might have to opt for an apt if I can't get a decent semi detached. There will always be a number of people after the decent houses and I'm not sensing that there will be any significant correction in the year year or so I'm thinking of purchasing for this reason.
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