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Jake1734

People just don't get it....

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Plan is either buy forever house now or buy a smaller house and save up to invest in a BTL / Shares, etc.

The excuse givers can front up money for 'the innocence', vs these prices, and those holding this outlook, if it's HPC ahead.  Instead of lobbying for a wider bailout as per 2009 onward for buyers/owners and the BTLers.

First pages has other posts giving it the old hardships and forever HPI.  Selling their own end (not the banks) but the HPI VI.  Want to look for blame then look at so many of those in society (not all), on the smug HPI gains.  Get on lad - buy and get stuck into that debt, it'll all work out.

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We did this in 1996. Paid £135k for a house now worth £650k. We didn't have a holiday for 4 years, annual leave was spent decorating. We also over paid on the mortgage and paid it off 12 years early.

Mortgage rates are at an all time low. Pay every month as if the mortgage rate was 5%, then when it does go up, you will know you can afford it.

And thought I'd read posts by Moose before.. quick glance into his posting history.

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My plumber will do gas safety checks for our tenants of an evening if it suits - the tenant dealing with the plumber direct is the best approach for us.

 

Edited by Venger

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22 hours ago, Jake1734 said:

Someone asking about first house purchase over on pistonheads.

He is warm to going into BTL to farm others.  He can eat the financial kerb afaic.

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