View Full Version : Buying my first house
Just had offer accepted on a house :D
Big numbers are scary, especially with no one knowing what's going to happen to prices, but it's a nice gaff so hopefully all will be well :)
Got a garage too so may have to start learning how to do stuff with spanners :D
Mad thinking what you could do to an S13 with a couple of percent of the cost of a house :eek: :D
Should have my Heffty deposite after christmas of £10K then Im gonna get another 4 to pay soliciters and a dishwasher and stuff.
Then Ill join ya!
Getting on the property market is a damn good thing, I bought my house 12 months ago and the other week, the house joined to me (semi) sold for £27500 more than I paid for mine :eek:
Sold my two bed in May for almost twice what I paid for it 4 years earlier:eek:
Still skint though cos I had to put all the profit toward the new one.:mad:
dave_s13
02-12-2002, 14:57
Originally posted by NikB
Still skint though cos I had to put all the profit toward the new one.:mad:
Thats the thing though innit.
I could sell my house tomorrow, have 30k profit and live in my car.
:D Lol
You can live in a car, but cant drive a house ;)
Originally posted by dave_s13
I could sell my house tomorrow, have 30k profit and live in my car.
I must admit that thought had entered my mind and been seriously considered!!!
The Gill
02-12-2002, 17:09
Where in Bristol have you bought then ?
Originally posted by The Gill
Where in Bristol have you bought then ?
North Common. Not far from where I live (renting) now in Longwell Green :)
Where are you matey?
The Gill
02-12-2002, 17:55
Just off Glos Rd in Horfield.
Never heard of NC before to be honest. I don't envy you buying a house these days - I couldn't believe what I had to pay for a terraced nearly 3 years ago.
It's worth bearing in mind that if you have a place with more than 1 bedroom you can always get a lodger in if cash becomes tight.
Good luck with the stress and hassle that you are letting yourself in for (from the offer to getting the keys is usually a right pain). Get yourself a solicitor recommended by others - they all charge similar and a lazy one can cost you time and money.
Cheers
shadowninja
02-12-2002, 18:40
you need to take the risk to get on the ladder. yes the price may go down, but it could also go up. if you can afford the house and buy it now even if it goes down you still have the house. on the other hand if it goes up you wont have a house and will have to pay even more than you would have initially...
hope it goes smoothly anyway
btw its not profit unless you bought it as an investment to sell as a spare home :rolleyes: I love it when people go "oh i bought this house for £10k 20 years ago and i sold it for £350k..." i usually interrupt them by asking if they will move to a small shed. usually shuts them up.
oh as you lot like japan so much you'll be pleased to hear this... the way house prices are rising in the UK, soon we'll be joining their style of living in that children will be taking over their parents' mortgages when the parents die, cos mortgages will be that big :/
Originally posted by Jeff
Got a garage too so may have to start learning how to do stuff with spanners :D
Nah! You'll soon have it so full of crap you can hardly open the door. :D Thats if mine's anything to go by!
Originally posted by Robbie
Nah! You'll soon have it so full of crap you can hardly open the door. :D Thats if mine's anything to go by!
Heh, I know the feeling :D Some fool put the socket at the back of the garage, and I have real problems climbing over stuff to get at it. Garage was full when we moved, then *someone* bought an R33, so now its full of wheels and parcel shelves and god knows what :rolleyes: :D
Well done on getting on the property ladder, Jeff - it's scary but it's a damn good move :D
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