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HaX

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About HaX

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  1. In fairness, I suspect that anyone moving from London to Glasgow would enjoy a significantly better quality of life. However, of my friends who originate from other countries, the vast majority say that they wish to remain around London, or at least relatively close, due to airport links and being able to pop back and see family etc. I suspect that places like Glasgow have significantly less choice when it comes to international flights
  2. Are you referring to the 95% Help to Buy Mortgages? If so, these were extended to older properties some years back. HTB must be finishing soon. When introduced back in 2013, it was only meant to be a temporary measure.
  3. HaX

    Reading

    I'd echo fandanman's sentiments about life in Reading. Having spent the last four years living and working there, I can confidently say that I've found it to horrible, soulless dump. A trip on the number 17 bus will take you through Cemetery Junction and Oxford Road, giving some insight into the social dystopia which proliferates throughout the town. I would not want to commit to living down here for another 5-10 years. I currently save £2K per month so have a financially compelling reason to be down here. House prices are obscene down here, no doubt partially underpinned by the social rents which get paid for the slums around Oxford Road, Cemetery Junction, Whitley and parts of Tilehurst.
  4. I saw this reported in a Daily Mail article yesterday. According to LinkedIn he used to be employed by the Cooperative Bank. Judging by his career history and age, he shouldn't be short of cash. I wonder why he's still got a mortgage at 59?
  5. Wow - that's quite an amazing figure. Based on the average UK house price quoted by Halifax being in excess of £2k, the average house made £5400 in August. Meanwhile, someone on the average salary of £27,000 would have earned £2250 pre-tax.
  6. I'd move somewhere where your earnings are more closely aligned to the cost of living. I live in the South East for the simple reason that my Salary is a multiple of what I was earning in my Northern homeland. If I became unable to command the salary I do, I'd move in a heart beat.
  7. HaX

    Straw Poll - General Election 2015

    I'm voting UKIP. Although I quite like what the Labour and the Green Parties support with regard to housing, I feel very strongly about immigration and our ongoing membership of the EU. Nigel Farage is not afraid to speak his mind, unlike Con/Lib/Lab who just utter empty populist rhetoric.
  8. I didn't realise that this thread was still active, so thought I'd give you an update We ended up renting a 1 bed flat by the Kennet and Avon Canal - 10 minute walk from the hospital where my OH works - £975 PCM. The place is finished to a very high spec and is larger than we'd been expecting for a 1 bed. We were paying £600 a month for a mid-range two bed in Nottingham City Centre (Lace Market area). The sweet point for a decent 2 bed in central Reading is £1100 PCM. Further out (Earley etc) I saw some decent 2 beds going for £800 PCM, though due to not being able to drive at the moment need to be fairly central. Our joint income is £65K per annun (Take home just over £4K PCM). We will be saving £1500 PCM for a house deposit and £300 PCM for travel / holidays etc. Living expenses and entertainment will come to ~£2000 PCM I'd be quite happy to stay down here long-term, though suspect that we'll be unable to buy anything decent and furthermore will be squeezed by above inflation rent increases heralded by the arrival of Cross Rail in a few years.
  9. HaX

    Right To Buy Announcement Tomorrow: 70% Off!

    Me too. On a more serious note, it really begs the question - if you're not poor or stinking rich, what is the point in working and trying hard? Parties of all colours appear to be forgetting the middle earners
  10. Thanks for the helpful advice. My enquiries (contacting the local electricity company) have revealed that Spark Energy are already supplying energy to the property. I suspect that the previous tenant signed their agreement without taking issue to the clause or indeed being aware of how Spark operate. According to what I've read, I'll have to use Spark for 28 days, at which point I'll be able to request a transfer to another electricity company. It sounds as though I'll have a fight on my hands, though I'll be fighting it tirelessly.
  11. Good Afternoon, I'm about to sign a tenancy agreement for a flat I'm hoping to move into very shortly. On reviewing my tenancy agreement before signing, I noticed some clauses relating to having Spark Energy as my electricity supplier. A quick google on Spark Energy reveals them to be very pricey and difficult to switch away from. They've even been fined for blocking people from leaving. Would simply crossing out these clauses be sufficient, or do I need to request a new tenancy agreement? When I spoke to the Letting Agent who said that I could opt out of it and that they would exclude me from being signed up, however I am reluctant to take their word over what is written in my tenancy agreement. Quote: 4.4.15 Disclosure of Tenant’s details to Spark Energy: 4.4.15.1The Tenant acknowledges at the start of the let, the Gas and Electricity for the property will be provided, or will be in the process of being provided, by Spark Energy. 4.4.15.2The Tenant agrees that the letting agent may pass the Tenant’s name and contact details to Spark Energy for the purposes of: a. registering the gas and electricity meters at the property in the Tenant’s name with Spark Energy, providing gas and electricity to the Tenant and administering the Tenant’s account with Spark Energy. 4.4.15.3Spark Energy will use the Tenant’s details only for the purposes set out above and not in any other way. Spark Energy will comply with it’s obligations as a data controller in the Data Protection Act 1998 and will handle Tenant’s data in a manner set out in Spark Energy’s standard terms and conditions 8 | P a g e and/or privacy notice. If the Tenant has any questions regarding details or use of the Tenant’s data held by Spark Energy, the Tenant may contact Spark Energy at Ettrick Riverside, Dunsdale Road, Selkirk, TD7 5EB or customerservice@sparkenergy.co.uk or 0345 034 7474. 4.4.16 The Tenant may change the Gas and Electricity supplier, but should provide the Landlords Agent with details of the new supplier within fourteen days of any change being made.
  12. Just seen this pop up on my Facebook News Feed ; As expected, boomer types celebrating their advantageous position on the GetReading Facebook Page, with no comprehension or appreciation of the economic impact this will have on the generations behind them. The sooner this becomes a political hot potatoe the better. These people aren't in this position due to success or intuition on their own part, but in the large, economic circumstance.
  13. Hi there, Originally from the East Midlands, working in IT, living in Reading and earning £40K Per Annun I've been down here for two years living in a houseshare saving money and clearing debt etc, Despite the fact that I like my job and the company I work for, I've been very undecided about making any form of long-term commitment to staying here due to the insane cost of living, so until recently have discouraged my girlfriend (nurse earning £25K) from coming down. Anyhow, she's now got a job and we're looking at places to live within a mile of the Royal Berkshire Hospital. Even 1 bed flats seem to hover at around £900 PCM, and the sweet point for a decent 2 bed seems to sit at £1200 PCM. The majority of flats I've seen below this price point have been disgusting, damp, poorly maintained grot boxes, riddled with mould. What amazes me most is that the letting agents don't even attempt to disguise the problems, and that the landlords don't feel the need to resolve issues with their properties before putting them on the market. I've never seen anything like it. Prior to moving down here, I'd spend a good deal of time living in privately rented accommodation in the East Midlands. In general standards were much higher, and of course you got much more for your money. My wage of 25 K was enough to afford somewhere decent and well maintained to live. If we end up having to rent a £1200 PCM place, I'll only be ~£300 better off than I was in my run of the mill £25K IT job "Up North", which to me isn't worth being away from the people/places dear to me. What are people's thoughts. Is there any point in being down here? With the exception of it's jobs market, I find Reading to be vastly inferior to somewhere like Nottingham or Sheffield. Cheers
  14. HaX

    George Osborne = Total Failure For Uk Long Term

    I can only echo the sentiments raised in this thread. As an avid spectator of the pre-election debates, I held great hope in David Cameron's assertions that the Conservatives would rebalance the economy and that the emphasis would be taken away from non-productive assets. During their debates, the Conservatives explicitly referred to the fact that housing was overpriced and needed to be addressed. For the first few years it looked as though they were managing a controlled decline, though something didn't seem quite right when they appointed Mark Carney. I gave them the benefit of the doubt when HTB1 was announced, though HTB2 really gave the game away and showed their true intentions. It has worked exactly as desired. Sadly, I expect the same effect will be experienced when the new pension rules are introduced in April. I certainly won't be voting for any of the big three political parties at the next election. They have all played a part in creating the mess that we live in today.
  15. I was also in Nottingham prior to moving down here. I work in IT and was stuck in a rather dead end role, working for a large outsourcing company. Got offered an interesting job with a firm in Reading. Moving down here was the only way I could kick start my career again. My OH has stayed up in Notts so that we are in a position to buy before the market starts leaving us behind. Spent 3 years supporting my girlfriend through nurse training while living in Notts, expected that when she qualified we could save a deposit and buy a reasonable place to live. A child is on the horizon in the next few years (we are both 33), so buying a house and banking on two full time wages is not an option. This restricts us to living in grottier / benefit street type areas of Nottingham if we buy. Resigned to the fact that governments of all colors will keep using HPI to "create" growth. No idea where to go from here. Feel quite disheartened and demotivated at the moment. Ironically, had we not spent the past 10 years working and striving to improve our career prospects, we'd have probably been no worse off. I have friends who've never left my home city (Lincoln), earn very low wages ~£16k, and have a much better quality of life than I do.
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