Need to Move, but where? CONTINUED :D [Archive]

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22-05-2002, 15:21

Well, going on a mortgage of £30k, for a house + £5k of improvements... at an average repayment rate of 5%...

The repayments are...

Still £30 less a month than I'm paying to rent a single room, at the moment (albeit with food paid for.)

Madness.

Anyone fancy house-sharing in Oldham? ;)

:D :D :D

-D, plotting, wildly.

Jacko

22-05-2002, 16:18

Dont move to Coventry, its orrible.

Tim\s13Auto

22-05-2002, 21:47

House prices are stupid at the moment full stop. A mate of mine has just spit up with his missus and had to sell his 3 bed detached (well 2 bed and a shoebox) was sold within week for 135 grand and this was with needing new windows the old wood ones are about falling out, the house was built in the 70's. Someone somewhere is having a right laugh.

Chris_Lacey

23-05-2002, 08:41

I just sold my house, a 3 Bed terrace on a part council / private estate in a not nice area of Colchester for 87k, I bought it 2 years ago for 53k.... Oh, it was on the market for 8 days!

Nick_Walczak

23-05-2002, 09:00

5% is a bit optimistic innit? You're not just working out the interest are you? There will be a repayment to capital too. You should be able to find monthly payment calculator on one of the lender's websites, try the direct line one.

Best mortgage: check this site - http://www.moneyextra.com/compare/mortgages/

Jez

23-05-2002, 09:05

Well Im bloody fed up - trying to buy a place in Berkshire / Hampshire area. 1 bed flats are about £130k, 2 bed about £170k...

Can't fookin afford anything... :(

23-05-2002, 09:51

I was told 5% would be average-ish. Friend of mine and her fiance have just bought a place, and it was about that, and the lady who I share an office with is on pretty much the same.

That was for a repayment scheme, Not the interest-only.

:)

Dunk

23-05-2002, 13:45

I bought mine in Aug 2001 for 190,000....

Sold it last weekend for 225,000 - on the market 5 days.

Could have waited longer to get the asking price (235) but this couple are cash buyers - so no chuffing chain.

Don't worry chaps, the bubble is about to burst!

I'm gonna rent for a bit and wait for prices to drop and pick myself up a bargain (if there is such a thing in my area)

TAC

27-05-2002, 22:26

Originally posted by Jez
Well Im bloody fed up - trying to buy a place in Berkshire / Hampshire area. 1 bed flats are about £130k, 2 bed about £170k...

Can't fookin afford anything... :(

Jez - Basingstoke is cheap(ish) - but need to get right area. Chineham or Hatch warren are ok.

(NOTE: I'm not saying that I'd recommend living here tho'!)

hames_jet

28-05-2002, 10:58

Originally posted by Jez
Well Im bloody fed up - trying to buy a place in Berkshire / Hampshire area. 1 bed flats are about £130k, 2 bed about £170k...

Can't fookin afford anything... :(

Bloody Hell!!!
A Mansion house sold up here with 12 bedrooms (usual guff) 4 acres with pond/lake for fishing, a swimming pool and tennis courts for £280,000 last year.

TAC

29-05-2002, 00:03

Originally posted by hames_jet

Bloody Hell!!!
A Mansion house sold up here with 12 bedrooms (usual guff) 4 acres with pond/lake for fishing, a swimming pool and tennis courts for £280,000 last year.

:( :( My 4-bed detached with 30ft garden cost 240K :( :(

And that's in Basingstoke!! Armpit of the universe, etc

29-05-2002, 09:35

I'm moving to Northern France as soon as I can find a nice place and commuting back to the UK. House prices over there are sooo cheap eg. 5 bedroom house with pool and triple garage, study, conservatory and 3/4 acre of gardens £185000 :eek:

But you gotta like garlic :D