Greenstuff

Foxton's founder Jonathan Hunt - is that Cockney Rhyming slang too?

So am I, I started renting end of last year after getting so fed up with chains collapsing, I pay £100 pm less than I did on my IO mortgage, and much less than I would on the house I was set to buy, which is 3 houses away from the one I am renting, so yes its a better deal, and I have my deposit to boot. However, I still pay over a grand a month in rent which I class as expensive, and I was also saying that in context of the original poster who's mortgage is £450 but to rent the same place would be £600. Yes repairs are the landlords responsibility but he does these in his own time, our heating went over xmas and there was no out of hours number to call - crappy, our dishwasher leaked and it took them over a month to replace, washing up = double crappy, the kitchen tap broke and was gushing water so we had to turn the mains off, they couldnt get anyone out till the following Monday so we had to sort it out ourselves and yes we did get the money back but it was a fight and took weeks and loads of phone calls. I cant decorate well I can but have to put it back when i leave - crappy, I have crappy torpedo proof curtains in my bedroom that let neither light or air in at night, crappy. You are so right, home is where the heart is, I can't wait to buy a house again and make it into a home, but no I will not pay through the nose for the privilage so for now its renting, which I find expensive and crappy. Plus the bank only owns it till the mortgage is paid off then its all yours.

I agree, overpay your mortgage and get it paid off as quickly as possible, this will give you the equivilant of £600 pm tax free pay increase guaranteed. As you say what to do with the money, so you dont really need a huge wad but £600 pm tax free you could save or spend whatever mood youre in! Your flat is plenty big enough for the moment and you can move whenever you want. If the market goes down you can upsize and still only have a small mortgage, if it goes up so will your flat's value so you will still have a big deposit and so a smaller mortgage. Well done, this is just how the housing market should work. Renting is crappy, it's expensive and a royal pain if you want anything fixed or replaced or want to decorate, nothing beats having your own home that you can comfortably afford.

Worth keeping an eye on? http://www.moneysavingexpert.com/#vote

Yeah they are rubbish, if you want class you need to spend well over half a million quid for yer 3 beds. Ok it's not London but you can get the train there in just 40 minutes. AND theres parking for the 4 cars you can buy with your MEW when the market continues skyward. Courtyard is as good as a garden yeah? http://www.rightmove.co.uk/viewdetails-161...=1&tr_t=buy

Didn't someone mistake a priceless tulip bulb for an onion and eat it? I think it was one of only two or something. Landed him in hospital too, it was ok though he was out the following spring...

They could always abolish tax credits and raise tax limits, that might actually encourage people to work, or at least not penalise them so much for doing so. It would also save a fortune in wages for people to work out entitlements and advertising etc. They could also raise tax limits for people with children, paid to either parent who chooses instead of child tax credits so parents could decide whether they would like to look after their children themselves or pay someone else to do it whilst they go out to work. No thats a silly idea.

I voted no as I don't believe its underway just yet, houses round here (East Herts) are still sky high and selling, although at a far slower pace than before - I say selling, sold subject to contract that is. As far as I understand it a crash is 20% drop in value, yes property snake shows these but they are still a good 60k (I am looking at a 4 bed family home) above sold prices to begin with. I will take a crash as 20% below sold prices, I believe it will happen very soon but I believe we are in a state of limbo, people are unable to buy at the prices asked in general but there is still the odd one or 2 who can due to the equity they have made. I know a solicitor and a Mortgage broker who both still say they are mad busy, but a local EA I know has said to wait till the winter to see massive drops and he thinks those who buy now will not be able to sell at the prices they have bought at this year. He is actually a pretty decent bloke from the local EA who has firmly begrudged having to add so much to homes to keep up with the other EA's valuation to get instuctions. He also said that people buy at inflated prices because... They are borrowing large mortgages in one partners name - self cert if need be with 10% down either borrowed on loans and credit cards, or if they have sold with large equity keeping most of it in the other partners name and putting some down as a deposit with a view to either remortgaging using the HPI if prices increase as you can get a self cert mortgage at high st rates for 75% of current market value, or if prices crash getting it reposessed and declaring bankcrupcy so as to be left with no debt and then the other partner buying in their sole name for a lot less. Takes all sorts I spose.

I am just watching the politics show, Gordon Brown is on now and his housing schpeel quoted that he will be concentrating more on getting people on the housing ladder as the majority wants to buy, as well as housing association etc as some people do need places to rent. Why would he then eliminate a tax break that would potentially leave many properties no longer up for rent? I have searched and searched and can't find anything at all about this, do you have a link? Not that i believe a work that rick (silent p) AKA Gordon Brown says. PS they are on about Thamesmead now

This is my biggest bug bear. People calling for more social housing, ok, when that's built will the developers go on to build more schools? families rarely have just one child, then they need doctors, hospitals, dentists, prisons, care homes, child care services roads, sewage I could be here all day, will they then fund it all? Even then it won't go to the most needy, it's not a cliche teenagers getting pregnant to get to the top of the list, while honest hardworking people wait decades, if it were first come first served it would be a much better system, if they know they had to wait their turn it would be a very different story

Hello. Do you think that's really the case? That people are really rushing to sell to avoid HIPs, or is it being used as an excuse for the glut of properties coming on in order to avoid panic? Or is that a really obvious and therefore maybe slightly stupid thing to say?!

You also have to pay stamp duty on 100% of the property value.