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Noallegiance

Honey I Bought The House

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Property pron specifically aimed at FTBers. 

A young couple is given £15k for a deposit if they can race against time and 'be clever with their offers' and get on the 'property ladder'.

Tonight's episode: Two bedroom shoe boxes for £170k in the east Midlands.

I guess HUTH had to be replaced with something for the next bunch of clueless mofos.

Shameless propaganda. 

Channel W (109 on Sky).

Ho Lee Ferk.

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1 hour ago, Lambie said:

modern day Hunger Games.

may the interest rate be ever in your favour.

Looking back through the dark days of the great 1990s house price crash, when boomer was set against boomer, and bankruptcy followed repossession, now we pay tribute with the working lives of a younger generation, laying down their own futures so that it may not happen again for, well, as long as we can keep this ruse going

Edited by Si1

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14 hours ago, GreenDevil said:

7.5k? Wheres that? Merthyr Tydfil?

Is it a comp? Or do they just get 15k to choose a house.

Fortunately I don't have sky.

Basically couple are giving 15k for a house BUT the twist is the man has to go away find the property.The female is then shown his 3 top choices and then one he decided on if she says she doesn't then like his choice they don't get the 15k ..its utterly stupid who is every going to turn down the 15k because they don't like the house choice.If he doesn't find one to make offer on then they lose the 15k 

I do recall though in the previous serious one couple in London didn't get the 15k as every place he put an offer he got outbid on

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Where to start the dissection?

How long did they save for?

The point of worker betterment and mobility is directly stated in the unwillingness to relocate for a better job.

How do these numbers add up when you translate to a £450k house in London and presumably higher living / commute costs?

Starters for 10....

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5 minutes ago, hp72 said:

Where to start the dissection?

How long did they save for?

The point of worker betterment and mobility is directly stated in the unwillingness to relocate for a better job.

How do these numbers add up when you translate to a £450k house in London and presumably higher living / commute costs?

Starters for 10....

Point about the the relocation a good one, there's one thing wanting to stay in an area but a lumpy salary increase early on in career can make huge differences for lifetime earnings, but getting debt-locked out of a career move in early twenties, oh dear.

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1 hour ago, Noallegiance said:

Continuing the subject of propaganda for the young:

http://www.bbc.co.uk/news/uk-38564137

So much to dissect, so little time....

Well, the title is completely wrong for a start.

I was wondering how the hell do you own a home by 25?

But then, upon reading, none of them do outright, which is what owning would mean to me and what most don't understand, until it's too late

Edited by LiveinHope

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