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Everything posted by Menie

  1. I guess it all depends if of how long we want to live in the house, in our case it will be 10y minimum.. But looking at the inflation, a house sold 250k in 2001 should be around 305k in 2011. Problem is, I understand renting if the mortgage will cost me twice than to rent. But in that case the mortgage will be 200 pounds more expensive than renting..
  2. Even if zoopla and mouseprice estimate the house at 370k?
  3. Are you looking to the Current home values from Zoopla.co.uk? Is that realistic?
  4. I forgot to mentioned that the one which sold for 472k in 2008 was sold in 1999 for £171,000 without the extension of course!
  5. The one we want to buy had been sold for 250k in 2001 and one of the next-door which has south facing garden and I guess the inside was nicer (ie no need of redecoration and not previously rented) was sold in 2006 for £305500. Another one was sold in 2008 for £472,500, which is bigger (I will say of 2 big beds including ensuite), the house has an extra extension, nicer and bigger garden and further far away from the garage repair..basically that house is facing a play area/park.
  6. Hello We are going to see a house which came on the market a week ago. We are first time buyers, renting so nothing to sell, and if we like the house, keen to move end of August on it if everything is sorted(surveys, solicitor, mortgage (which has been pre approved for the amount we want to borrow). It's a good size 4 beds detached house close to a good primary school. I believe we are in a good position? Now if we like the house I would like to get 10% off the house (asking price 350k) do you think it's reasonable? Because the house came on the market only a week ago I was thinking to us
  7. Hi On the Property register of the house we are planning to buy I have the below: "" "2 (16.12.2004) The land has the benefit of the following rights granted by the Conveyance dated 16 May 1955 referred to in the Charges Register:- "TOGETHER with the right of way for all purposes for which the same may lawfully be used over the land coloured Brown on the said plan and TOGETHER ALSO with the right to instal and maintain thereunder all such pipes wires and other apparatus as shall be necessary to enable a supply of water and electricity to be given to the land hereby conveyed AND TOG
  8. http://uk.finance.yahoo.com/news/What-estate-agent-REALLY-yahoofinanceuk-2105294876.html Estate agents always feature high up on the list of 'least trusted professions' which appears every year or so. Some people, it seems, even trust them less than they trust us hacks. But at least writers say it as we see it… I think much of estate agents' poor reputation comes from the way they try and bamboozle us with property descriptions. So, if you're currently trying to work out what estate agents say and what they actually mean, here's an A to Z of popular terms and their true meanings: Borders: A
  9. I imagine he is stumped as to why prospective buyers haven't be bowled over by the place.
  10. Depends, if he did paid the stamp duty , and did some stuff in the house, he might has lost more than 10k... And now if he has to sell, paying fees will cost him money anyway
  11. only things that I know is u shouldn't borrow more than 4 times ur salary.. After it's just Math.. Also how much these country is in debt? How much interest does the country have to pay to borrow.. Looking to countries which are healthier u can clearly see, there is something wrong.. I can't wait to see all morons to realise they bought a house (sorry,not a house, not a home, an Investment) they won't be able to sale... Happy repo Anyway in any case house price will always go up....but until when?
  12. Yeah good... she shouldn't buy it at the first place.. Mummy and daddy might have to pay her mess.. In France u cannot go bankrupt as easy than in uk coz most of the time u must to have the name of an other person in case u can't repay ur mortgage.. Which tends to bring morons more realistic..
  13. Again people need to stop to refer to the players in that insane house price bubble.. If Brown and Banks had been more vigilant and less stupid (not sure that's possible) the housing market wouldn't be like it is.. I think if u really need to find the pig u need to turn on the labour and banks as they created that mess and can't bother to clean up.. I watched property ladder and it's not for that I went to borrow 10 times my salary to go on the ladder.. In any case, don 't worry about the morons who borrowed too much, soon we will see plenty of repo..
  14. don't be confused between homeowner and loanowner.. i won't qualify a loanowner of "good person who is successful" as most of rhem won't be able to pay their mortgage.. however if you rent and able to save couple of cash by month ie more than 1000 u might end up with a better mortgage.
  15. Depending what u call a bargain? Lot of sheeples bought dump houses.. Since i am living in uk i haven't seen yet a bargain because i guess we haven't the same definition of what should be a HOME...
  16. Yeah that the problem in this country, sheeples are ready to s**k to get their 'dream house', for most of them their dream house is sadly similar to the house from my previous post.. I am talking about a house to live in, a house where you got space, storage, a HOUSE.. Whithout any offence, lot of people around London don't have the same point of vue of what should be a house. At the end of the day if you got nutter ready to live in a sh*t hole, I won't cry for them... But I still think you must to be a muppet to end up crying and begging to get your 'dream house'.. Simple, that's not your
  17. Yeah well that's UK I am afraid.. Have you thought about changing Country?
  18. hmmm, I think people are just stupid and not realist and acting like a child of 4 years old, I mean if house prices were rising 20%pa, well they should get the point that there is a moment where nobody will be able to afford a shoesbox.. I mean let's take the house below (yeah the pinky one), I will give 50k max for it and the man is trying to sell it for 319k?? I mean seriously past experience or not when you buy/sell you just need to do simple maths? My link I mean that the type of sheeple who encouraged this ridiculous house prices, thanks to them all the young and mid generations are s
  19. Yeah definitively, lenders aren't lending stupidly like they were doing it few months ago, thanks god!!! Now it's 3.5 times the joint salary or 4 times a single salary which change a lot!! My partner and I are first time buyer and are able to borrow 315k with a joint salary of 90k.. Couple months ago we were allowed to borrow until 450k with same joint salary.. We are talking a lot about first time buyer but what about remortgage? Soon it will be the same for them!!! All these nutters who borrowed money 5-8 times their incomes knowing often, the income wasn't reflecting the payslip Just
  20. .not only pathetic uk tenancy laws but also pathetic uk houses...Ask a french what he think of uk houses, same for the UK lifestyle...
  21. ok then if u knew they were lending 6-8 times an income and now it's only 4 times with at least 10% depsoit..what's happened?..just try to do the math.. instead to bring clueless..
  22. Yep I agree with you.. that the same in France too..
  23. The man should rot in jail.. hang the man will be an easy exit..
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