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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!
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