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"my First Flat Is A Penthouse" - Ftbers Can Enjoy The £235K Starting Price

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Just sat in London Heathrow while going on holiday.

Picked up the London Evening Standard - a shoddy paper - but it might come in useful if the TP in Russia is not up to scratch :huh:

Anyway - in the Homes&Property section there is a double page spread about how you can get to the top of the property ladder so to speak for just £235k or £250k or £315k.

No Link guys - but the point is:

I live in Aberdeen and things are a bit mental there - lots of oil money swashing around. It's because Aberdeen is "different"

However, London seems to be "different" too.

Dodgy flats for 250k - new build 1 beds to almost £300k (near busy roads and criminal gangs as well I guess :ph34r: )

Lots of shared equity (one from £52,500 for a 30% stake) - it's a little crazy!

Got to go - flight beckons.... B)

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Ok the link is this Homes and Property

can't find the article exactly...


it just goes to show that London is crazy - that £300k is a FTBers budget for a home - or is that a lifestyle feature or an investment? :unsure:

Flight is actually in 55 minutes - and I got a free upgrade to Business class - but I'll just be sleeping... :lol: (yawn)

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Uh...I detest reading the Evening Standards property BS pull-out.

On their website:-

Mortgages for first-timers

Now's the chance for first-time buyers to invest in a home as lenders relax their restrictions and offer incentives to borrowers

Are lenders REALLY relaxing their restrictions? I thought they were tightening criteria!?

Edited by keef319
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