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Soul Reaver

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About Soul Reaver

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    Sailing, Golf, fast Cars and loose women :)
  1. Bankers! God forbid No I'm not saying the bottom has fallen out. I'm saying we live in uncertain times both job/career wise and large purchase wise and it's a difficult decision. Buy here, move to Dubai. My guy feeling is this. Interest rates will rise within 2 to 3 years and it will be gradual and inexorable. All the over leveraged (probably 50% of Uk mortgage holders today) will gradually be screwed right out their front doors just like in the 90s. Interest rates are merciless once they start. The politicians will ring their hands but nothing will be done. Anyway we decided last night
  2. Thanks. You hit the nail on the head. Yes we do save 10 to 12k a month and it is that that made me realize how MUCH 50 grand is let alone 250! People roll these numbers off their tongue like they mean nothing. It also a bit more complex in that my career has mainly been in Europe for 13 years with a spell in the mid east. I used to do a weekly commute with the red eye flight on a Monday morning at 6am. So we have always put off buying because I had an apartment and was only home at weekends. We both contract in IT. Over the years my industry has been steadily taken over by Indians who now si
  3. Double whammy but yes you're right. I was so **** sure we would have a massive 50% crash and I would step in a buy the dream home for a song. WRONG!
  4. Funny that as I have not looked at rentals before but there are TONS of them! Really nice houses too. Makes me wonder where the owners are.
  5. We don't have a problem we have a choice I find difficult. There is a difference and I like to be measured.
  6. Last wife had Horses NEVER AGAIN
  7. You know I thought once that when I get to 5k a month ill be so rich all my problems will be over etc etc. It's a fallacy. As you earn more and you learn and understand how HARD it is to make lots of money value becomes more important, security also becomes more important because you don't want to have to go through the dreaded re-set. You say "even if you lose 250k on your dream home" as though nothing else would have happened in that scenario! Our jobs would also have gone too. Our jobs and lifestyle (I race cars and am part of a team) would go in a downturn like that and then we would b
  8. Yeah lol. This is actually quite good value for how nice it is. 2.5k a month this one. http://www.rightmove.co.uk/property-to-rent/property-28219674.html
  9. Like this one? 4k a month http://www.rightmove.co.uk/property-to-rent/property-39657715.html
  10. Wife likes it I have a very different view as my last job was in Bern for 3 years and apart from the Swiss being rather boring the standard of living is excellent. Being 45 mins from the Eiger makes life very pleasant you know.
  11. Wifey sees it as dead money and not value.
  12. We do VERY much enjoy life but partly because of this site it sticks in my craw to pay a sniveling "home owner" (laughable term) 200 grand over what he paid for a place just because he is a sniveling "home owner" and he put some strategically placed sticks in the living room. If we bought our dream home at say 800k to 1 mill and then took a 25% hit that's quite a lot of money even for us. At 400k it's not so bad but still quite a lot. My main issue is that I really did believe in the crash, a big one! And what did we get? We got a damp squibb didn't we! Be just my luck that I held out this
  13. ha ha good answer. Made me smile. Bit more info. We both work in and around London. I used to work in Switzerland but have since come back. We live with her sister in Slough and don't want to buy anywhere near London as we both see houses there as poor value and overpriced. If we buy anywhere else in the country (we look between Northampton and Peterborough down to Luton in a triangle) it becomes a weekend home as we work in London and we still live with her sister in the week. We both loathe long commutes. I favor just f-ing off myself as let's face it the standard of living in this count
  14. Wifey god bless her is talking more and more about A. A baby B. A home Options on the table are as follows 1. Buy home here, nothing too extravagant 400k tops 2. Stay with her sister and wait, a bit (being doing that for quite a few years now I might add)!! 3. Pack up and move to Dubai. A place we both enjoy a lot. Rent somewhere nice or buy and start a business in the sun. We are relatively cash rich netting about 20k a month so we save quite a lot. What do you think?
  15. I heard this on the radio and it pricked my ears up. I wonder how long it will be before we start to see inexorable, merciless interest rate rises then. God the over leveraged have NO IDEA what's in store once that starts.
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