I see some house prices are starting to fall and rent is on the increase
me and the wife would love to get on the property ladder but it realy seams a struggle.
looking at morgauge of £900 a month is a hell of a jump from the rent we have been paying .
life these days seams to be harder than ever!
you get to save on something and the next thing down the list increases
is it just me or does everyone say the same?


ok rant over as the wife has seen a house across the street the wants

__________________
(\__/)
(='.'=)
(")_(")♥

rob im lucky my rent for a 3 bed flat is only £840 pcm the landlord appreciates we keep it in good order...most of the flats round here are £1200-1400 pcm avg price for a 3 bed house to buy appx £260,000

__________________
WHO'S YA DADDY

in that respect i have been lucky as past 5 years rent stayed at £425 for 3 bed flat .recently its rose to £475 and cheep houses 2-3 bed are 130,000 upwards!
repayments on this is over £800 .....
the 3 bed across the road is on for £142.500

__________________
(\__/)
(='.'=)
(")_(")♥

I'm lucky to have managed to get on the ladder in 02 cost me £130K though! Me and the old dear stretched ourselves for our first house so it was a house in theory we would never need to move from.

Value had gone up to about £225,000 which is stupid for a 3 bed terrace but about £200,000 would be a better estimate at the moment!

Fortunately we are on a fixed rate at 5.39% at the moment but absolutely bricking ourselves about when the fixed rate runs out next April!!!!!!!! We are looking at least an increase of 1% probably closer to 1.5% on a mortgage on about £118k.

Its an increase of about £80-100 a month!!!!!!!! Can manage it but it will be tight not happy at least we shouldn't be at risk from negative equity!

Everything else is silly money now too absolutely everything is going up except my poxy pay!!!!!!!!

__________________
Alan

Thweeerp!

I honestly dont know how you young people manage , house prices are just plain crazy I bought my first house in 1972 for £ 2,800 moved in 1975 paid £4,000 for that one and moved in 1982 and paid £19,000 for this one ,highest monthly mortgage £110 a month ( which was hard for the last five years on it, as I was only recieving £80 a week incapacity benefit and also had to find £1100full rates ) thankfully I had some savings so I managed , its mine now and worth about £180,000, but there is no way I could have got on the property market today with the wages I was recieving prior to finishing (£ 12,500annually.

__________________










senile old git

i'm paying 80 quid a week for a room in a shared place in a scummy area.

cost of a one bedroom flat around here is about 600-750 per month (thats before your bills) and we all know council tax is a big one

__________________
Your Mbuna or your life!

just out of interest, i wonder what the cost of dying is?

__________________
My Set-Up's

http://www.aquarist-classifieds.co.u...et-up-925.html

http://www.aquarist-classifieds.co.u...et-up-918.html

http://www.aquarist-classifieds.co.u...l-set-929.html

you can still rent a half decent terraced house for £80 a week down here

and you can buy one a bit further up the valleys price range £60.000 to £100.000 depending on the locality

__________________










senile old git

any jobs down there grandad lol

__________________
Your Mbuna or your life!

should be plenty down here , peter cardiffs only eight miles away get on the net and have a look ( thats the best place to work for good money and there is a good bus and train service there from the valleys ( takes about twentyfive minutes .

__________________










senile old git