|
Batch
Not a Batch
Offline
Posts: 55457
|
|
« Reply #1 on: Saturday, December 3, 2022, 12:05:24 » |
|
houses I assume.
A mate did it, but I don't know much other than he's paid off his mortgage side and now it's left with the rent side.
any specific questions?
|
|
|
Logged
|
|
|
|
Wobbly Bob
Offline
Posts: 4179
|
|
« Reply #2 on: Saturday, December 3, 2022, 12:15:49 » |
|
Audrey might also be referring to shares in a race horse but we'll find out soon enough. Too much information is not a bad thing.
|
|
|
Logged
|
Why don't you knock it off with them negative waves? Why don't you dig how beautiful it is out here? Why don't you say something righteous and hopeful for a change? Crap!
|
|
|
The Artist Formerly Known as Audrey
Offline
Posts: 19435
?Absolute Calamity!?
|
|
« Reply #3 on: Saturday, December 3, 2022, 12:20:23 » |
|
Sorry. Should have been more specific.
Houses. A quick perusal seems they are overpriced compared to nearby equivalent houses, but they do have their attraction.
We could pay outright for a, say, 60% share but that would be it. It’d be a renting commitment for the remaining 40% that we’d be stuck with. Plus, is a share of a house easy to sell if needs be?
|
|
|
Logged
|
|
|
|
tans
You spin me right round baby right round
Offline
Posts: 25146
|
|
« Reply #4 on: Saturday, December 3, 2022, 13:42:52 » |
|
You can buy more percentage later on, my sister did that until they owned it 100%
|
|
|
Logged
|
|
|
|
The Artist Formerly Known as Audrey
Offline
Posts: 19435
?Absolute Calamity!?
|
|
« Reply #5 on: Saturday, December 3, 2022, 13:46:09 » |
|
Tbh, once we bought 60% that’d be it.
|
|
|
Logged
|
|
|
|
4D
Or not 4D that is the question
Offline
Posts: 21986
I can't bear it 🙄
|
|
« Reply #6 on: Saturday, December 3, 2022, 13:50:00 » |
|
Can't you just buy a cheaper house outright?
|
|
|
Logged
|
|
|
|
The Artist Formerly Known as Audrey
Offline
Posts: 19435
?Absolute Calamity!?
|
|
« Reply #7 on: Saturday, December 3, 2022, 13:53:42 » |
|
Cheaper house? You’re kidding, right?
We’re both retired now so income is fairly limited. Obviously no chance - or want - of a mortgage.
|
|
|
Logged
|
|
|
|
mystical_goat
Offline
Posts: 1428
|
|
« Reply #8 on: Saturday, December 3, 2022, 13:55:13 » |
|
Much more difficult to sell on, if that's a concern.
|
|
|
Logged
|
|
|
|
The Artist Formerly Known as Audrey
Offline
Posts: 19435
?Absolute Calamity!?
|
|
« Reply #9 on: Saturday, December 3, 2022, 13:57:59 » |
|
That’s not such a problem for us as I’d hope it’d be our final move.
The boy and his family can sort that one out!
|
|
|
Logged
|
|
|
|
Jimmy HaveHave
Offline
Posts: 15292
|
|
« Reply #10 on: Saturday, December 3, 2022, 14:33:40 » |
|
It has to be a better option than renting plus you will hopefully make money on your investment.
|
|
|
Logged
|
Clem, hurry up and sell up🤡
|
|
|
Bennett
No Comment
Online
Posts: 9521
|
|
« Reply #11 on: Saturday, December 3, 2022, 15:34:14 » |
|
I had a shared ownership flat in Swindon. It was alright initially but the housing association didn't know their arse from the elbow with nearly any question I asked of them. The monthly fee I paid to them for their management of the property kept going up. I shouldn't imagine that'd be the case with a house, but might be worthwhile clarifying if that's a static fee or likely to shift about and what the HA are on the hook for
|
|
|
Logged
|
This is the water. And this is the well. Drink full and descend. The horse is the white of the eyes and dark within.
|
|
|
Steak supper
Offline
Posts: 517
|
|
« Reply #12 on: Saturday, December 3, 2022, 15:42:46 » |
|
I think that houses can also have fees for the costs of managing the estate
|
|
|
Logged
|
|
|
|
|