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Antsy

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Everything posted by Antsy

  1. Well, we have signed up to rent until next June so until about April I am just going to put on the blinkers and try not to mention the h- word (home), then have a look when the next opportunity to move arises. I imagine SE London is still having a mini-boom as it is vaguely affordable (if you bought before 2002 and have a bit of equity, or are on 50k each...)
  2. Personally, the ongoing state of the London market makes me want to cry. friends over the road (SE26) just sold their two bed garden flat for 279,000- bought it for 222,000 in 2004. They're also finding it very hard to buy a 3 bed in Forest Hill (budget 300k) as things go as soon as they come onto the market. I am going to sink into a very, very deep depression - we need a 3 bed, but if people cannot find something for 9 times our income, the outlook for my family is very, very bleak.
  3. Thanks for reporting back on this - we keep getting sent flyers for them and can never be bothered to go (rent plus mortgage = about the same as it would cost to buy somewhere nicer). There are never any 3 bed places - just 'lifestyle' rabbit hutches for singletons next to major roads. We are registered with Housing Options, and despite my frequent phone protests to stop wasting their time/paper, we are constantly invited to view lovely 250k studios in Woolwich. I suppose my two kids are expected to sleep under the sink?
  4. Well, I'm probably quite representative of many of my generation (aged 33) - on 26k (teacher), wife on 13k, two children and rent of 800pcm. Can't save a thing - live in cheap bit of London, don't go out but do drive a 4 year old car (Fiesta - we travel light and buy very little petrol). Thank god my pension is taken care of. Any deposit is going to have to come from govt schemes. Sorry, taxpayers. We could have bought a house instead of having our first baby 3 years ago, but then we'd be stuck with a 1000 pcm mortgage, no chance of paying this on 1.5 salaries so no chance of ever being able to have kids. It's a grand life in the Miracle Economy ...
  5. I think that certainly, in Cornwall's case, people are getting a bit hacked off with spending the first day of their holidays admiring Roach Foods and the abbatoir from the comfort of a traffic jam on the A30 outside Bodmin.
  6. Try Borough, maybe? You can walk to work, so at least you will not have to depend on public transport and might not get sacked therefore for bad timekeeping It's also on the northern line so good for Clapham.
  7. The demographics are a dangerous indication of the shape of thigs to come in the UK - huge number of old people being supported by a handful of workers...
  8. Forest Hill is massively overpriced already and SE London is likely to suffer if there are falls - people still prefer areas with a Tube like Balham, plus they don't have the South Circular running through them. The Easy London line extension has been touted as some sort of Second Coming of Jesus for ages. The current E London line is slow and isn't exactly bursting with frequent trains so I think enthusiasm over it is a bit misplaced - the train will still be a better option and a lot faster to boot. oh - and though FH has good primary schools (I should know as I work in one..) local secondary schools aren't up to much and competition for places in any apart from the near-failing ones is very fierce since Lewisham borough closed an entire school and forgot to replace it...
  9. He's a customs officer. So he can't really live in a cheap bit of Rotherham, can he? Not that many airports on the doorstep and all that... Whenever there's an immigration thread on here it really brings out the bile so I'd have thought people would be glad that he's trying to find a way to get a decent home AND stay in his job (and help others to boot).
  10. You are right, they are very good - which is why Mrs A doesn't want to lose her account (or go back to queueing in banks with 2 nippers in tow). Not very ethical of them to chuck good customers out for daring to have kids, though... The cashback was never a market leader, anyway. Think one of the GE cards is best for that (if moneysavingexpert is right?)
  11. If I spent £230 a month on curry I'd soon need a pretty BIG home in which to house my massive girth
  12. Gold card is for thise earning 20k pa plus, or at least it was when I got mine... Do you have a current account with them? I only ask because I got an email from them recently reminding me that to have an online account with them, you had to deposit 1k a month and some customers had not been doing so... Mrs A is very hacked off at their tone as she has been a customer for 6 years but recently went part time (so earning about 800 pcm, had maternity leave and is now setting herself up as self employed with the resulting irregular payments. God help them if they try to take her account away - I would be very scared, if I were them! She has already set out on a revenge mission to reclaim all our bank charges from them. Also, Smile have removed the automatic entitlement to a £500 fee free overdraft and will instead be reviewing all customers and their circumstances (ie pay to debt ratio) each year. Perhaps this should go to the ''signs of credit tightening" thread?
  13. yes, that's right - housing hyperinflation is all the fault of women *sarcasm*. Nothing to do with government raids on pensions, BTL explosion etc. at all? Or am I missing something?
  14. Christ. In 15 years we will be paying said rent through taxes. I wonder what the figure for over 60s and over 70s is?
  15. Then run, run, run to the hills. I used to live on Green Lanes, then I moved to the other side of the Thames to get away. Ducketts Common. It's the new Hampstead Heath, don't you know? *Shiver*
  16. Anyone know if there is some kind of calculator to discover what x amount in 1975 is worth in today's money? I only ask as my parents and I haave been having a similar conversation. The house they bought off plan in 1975 for 19k is now on the market for 250k and I want to know how thiss all compares to the real world...
  17. http://money.guardian.co.uk/property/story...1796365,00.html US Novelist Lionel Shriver having a go at house price obsession and associated poor TV. She's quite funny with it...
  18. Agree - you are probably going to want another child at some point... If one isn't a 'sleeper' (you will come to know what this means, believe me) you won't be able to put both in the same room and your bedroom will begin to feel mighty cramped with a giant infant snoozing in the corner that you have to creep around from 8pm every night. I'd say a three bed is what you want if you are thinking long term bet. The upside of renting is that you know your monthly outgoings and any problems eg broken washing machine are not your financial responsibility. Maternity and paternity pay do not go far.
  19. Erm - there are so many things wrong with this statement that I don't know where to start. What about having to find thousands for stamp duty, solicitors fees etc, as opposed to £100 for the letting agent? I know which looks more attractive to me. Also, inflation rates are currently at a historical low, and there is a lot of pressure on to constrain pay rises (especially in the public sector - see many previous posts on this), so I can't see said person having a lot of extra cash to play with. Then there's the fact that even small IR rises make quite a difference to mortgage payments (especially if you have borrowed a ridiculous sum, as is necessary nowadays). renters can also rent a very decent place for the kin of monthly payment that would only buy you a studio - not what I'd call having a lower standard of living. So to sum up, in my opinion, the IO mortgagee buying recently is a mug.
  20. Where's that? Up the north coast? Thisis an interesting one in my home village (teach in London at present but family stiill there) http://www.rightmove.co.uk/viewdetails-758...pa_n=1&tr_t=buy It (or possibly next door) was up for rent at 695 pcm recently. Others in the deveopment sold for 225 and 235, so it will be curious to see what happens. Mind you, Jackie Stanley is always a greedy cow!
  21. Anecdotal again - our rent has been static for the last two years and landlord doesn't seem to be putting it up next year (though we had expected he might as he's just put in double glazing). Contract runs out on 16th June and he hasn't mentioned a raise so far, so it's too late now... We've verbally signed up for another year so maybe he's just happy to avoid risking a gap?
  22. [Earliest to boom: UK. Earliest to crash hard: UK? Trends tell the story. Australia has already led the way. Maybe 'earliest to boom, furthest to fall', though....
  23. With help from the government (keyworker 50k loan) I could afford a two bed in a grotty-ish part of SE London. I like grotty-ish areas and am perfectly happy to live there. However, I have two children - boy and a girl - so will need a 3 bed within the next five years as they can't share a room forever. I don't want to be stuck in an unsuitably small property, especially as I would have been able to buy a small 3 bed terrace without ANY taxpayer help 4 years ago.
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