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80% => The Nevillew General Discussion Forum => Topic started by: Asher on Tuesday, November 15, 2005, 12:24:21



Title: House
Post by: Asher on Tuesday, November 15, 2005, 12:24:21
Just exchanged on my new house and it hit me I now owe nearly a quarter of a million in mortgages!  Think I need a lie down.....


Title: House
Post by: McLovin on Tuesday, November 15, 2005, 12:26:27
Arf!  Luckily i have no mortgage. Yet...


Title: Re: House
Post by: Bob's Orange on Tuesday, November 15, 2005, 12:27:38
Quote from: "Asher"
Just exchanged on my new house and it hit me I now owe nearly a quarter of a million in mortgages!  Think I need a lie down.....


Jesus! I can only get a Mortgage for 70k which doesn't even get you a garden shed in Edinburgh! I could afford to buy a flat in a shite estate but I figure that I would rather rent a half decent place which at least keeps my car safe (in an underground garage!)


Title: House
Post by: Ralphy on Tuesday, November 15, 2005, 12:31:51
Ash is a rich boy though  :wink:


Title: House
Post by: yeo on Tuesday, November 15, 2005, 12:34:59
Im afraid now is the time to grow up Ash.

No more binge drinking football weekenders for you im afraid.

I'll buy you some slippers for Christmas if you like.


Title: House
Post by: Asher on Tuesday, November 15, 2005, 13:04:01
Im not rich just have taken risks, I look forward to early nights in front of a fire with my slippers, and I do expect them yeovil!


Title: House
Post by: Northern Red on Tuesday, November 15, 2005, 13:06:07
Move up north - 3 Bed Semi cost me 80k and I've just sold it for 125k  8)

My mortgage was only 70K


Title: House
Post by: yeo on Tuesday, November 15, 2005, 13:08:24
http://www.dollclothesstore.com/products/SLIPPERS/SL-10.jpg

?????????????????


Title: House
Post by: Asher on Tuesday, November 15, 2005, 13:15:53
What sort of rent would you get ona  3 bed up there?

Yeovil - I would love those!!!


Title: House
Post by: Northern Red on Tuesday, November 15, 2005, 13:21:13
Semi aren't massively rentable - I've looked into it - 450/500 pcm 3 bed semi with garden.

It's all about City centre flats now, although the rise in prices is forcing the rental values up as well.

2 bed back to back terrace is about 400pcm.


Title: House
Post by: Asher on Tuesday, November 15, 2005, 14:05:09
Im getting £525 on my 2 bed at the moment but best value is one bed flats in swindon, £450 a month and prices around 75k


Title: House
Post by: Northern Red on Tuesday, November 15, 2005, 14:12:59
Actually you'd struggle to better that up here.

In Wortley (just better than Penhill) - 2 bed semi - purchase 70k, rent 495 pcm unfurn.

Maybe I could have gone for about 595pcm on my 125k 3 bed semi


Title: House
Post by: Asher on Tuesday, November 15, 2005, 14:15:34
Its all relative really, swindon is a goldmine for buy to let though, ie purchased a 3 bed this week for a client at 65k (unity build so cash purchase) but hes getting £550 a month guaranteed from local authority.

Had thought about up north but would have to pay management etc up there so eats into profit


Title: House
Post by: Northern Red on Tuesday, November 15, 2005, 14:18:20
Quote from: "Asher"
Had thought about up north but would have to pay management etc up there so eats into profit

That's why I sold - I'm off round the world - and to rent I would have been on a full management agreement which equated to about 30% of the monthly rent - so not worth it (wouldn't cover mortgage)


Title: House
Post by: Asher on Tuesday, November 15, 2005, 14:28:02
good luck with the travels


Title: House
Post by: Northern Red on Tuesday, November 15, 2005, 14:32:52
Cheers - not going until January, but looking forward to it  :mrgreen:


Title: House
Post by: sonicyouth on Tuesday, November 15, 2005, 16:40:50
quarter of a million?  :shock:  that's a lot of money for a student to owe.

how old are you ash?


Title: House
Post by: Asher on Tuesday, November 15, 2005, 16:50:47
24 at the moment - ha ha Ive stopped using that card felt bad!

It hit me today at the solicitors I was like oh fuck!


Title: House
Post by: Spencer_White on Tuesday, November 15, 2005, 17:34:26
STUDENT?

 :Ride On Fatbury's Lovestick:


Title: House
Post by: Ralphy on Tuesday, November 15, 2005, 17:36:35
Quote from: "Spencer_White"
STUDENT?

 :Ride On Fatbury's Lovestick:


He has an NUS card


Title: House
Post by: Asher on Tuesday, November 15, 2005, 18:02:01
I deny it all!


Title: House
Post by: Spencer_White on Tuesday, November 15, 2005, 18:15:49
Quote from: "Ralphy"
Quote from: "Spencer_White"
STUDENT?

 :Ride On Fatbury's Lovestick:


He has an NUS card


Must be a student then.  :jaw1:




 :--


Title: House
Post by: DMR on Tuesday, November 15, 2005, 18:19:49
asher out! we hate students  :wink:


Title: House
Post by: Asher on Tuesday, November 15, 2005, 18:25:26
Id love to get banned!