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RomfordDon

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About RomfordDon

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  1. Those areas are not as nice as Hornchurch, Upminster and Gidea park
  2. Don’t go to Hornchurch it’s one of the places I am hoping to buy and I do not want the competition!
  3. This is a massive kick in the teeth 😕 BTL will be Back in force prices will rise more people will be locked out of the market.
  4. Buy the house on a ten year fix. Let your lad pick the colour of his wallpaper. Every year that goes past is a year you never get back. Plus your lad only gets one childhood!
  5. That was a big bunch of nothing. I guess low transactions make the crash difficult to see.
  6. So what would happen if I took out a 150k loan to do up my house. Got the cash in my account will they tax it? (just thinking out loud I don’t have 150k or a house)
  7. I am renting at the moment simply because I cannot afford to buy. During my mid to late 20’s I rented because I wanted to. I did not know what area or city I wanted to spend my life in. I also remember renting being much cheaper than a mortgage at this time. During this time I did not feel landlords were taking advantage of me they were simply providing a service.
  8. If prices crashed 60% I would finally be able to afford my own home with mortgage. Forget BTL. I just wanted to know if some of the more wealthy people on this site would get in on a big dip.
  9. I rent because I can’t afford to buy. I am 40 this month and have never owned my own home. I don’t consider BTL to be exploiting people. I know it can be an emotional subject on this site.
  10. After the crash would you be tempted to get into BTL? Let’s say prices fall 60% would you be tempted? Do it as a limited company or some other model?
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