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New single & video - Tru Trilla "End the Day" ft Ruste Juxx & Julius Luciano of Shoe Gang
By urbanelite, in Music
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loads of white middle class in stokey these days tbh
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Guest M12 Part 2
Lemons I don't even know how you can bump yourself like that. Why not just get an average 1 bed for 900pcm. And save the rest. You could furnish an average looking 1 bed to a nice standard with the amount your paying. And save the rest. It's up to you ultimately but would you not rather have the extra money in your pocket?
/
I wanted to get on the ladder asap but it seems the way things are going theres not much point in the next 5 or so years. IMO the government/banks are doing everything they can to try and keep these false property prices inflated. If interest rates rose to proper levels and the house prices were allowed to correct themselves, everything would crash again. That's why I'm sceptical about this interest free deposit stuff in the budget. It's just another tool to try and coax people into thinking everything is ok when it's clearly not.
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Guest Portuguese
Some nice places in Stokey(but in the middle in between where feds are located and start of Stamford hill)
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Guillermo Rigondeaux
Why is now a bad time to buy property?
This is a good time IMO.
We are recovering from an economic downturn which dragged house prices down. This is the bottom/near the bottom of the curve. They can't go much lower.
With an increasing population, the Olympics and a desire for inner-city dwellings on the rise - property in London is a good bet. If you can secure somewhere which has good transport links you are guaranteed income from rent in the short term and from (more speculatively) a price rise in the long term. I see this as a great investment and have acted on it.
I have recently (in the last few weeks) bought a 2-bed in Aldgate near Brick Lane in a relatively new development in a joint investment with my brother and mum.
The bulk was funded with cash but I had to get a medium sized mortgage to meet the full asking price.
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Guest Yilmaz
ic
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Kompressor
SMH
Thats the least of your problems mate, you could be moving in with anyone, and they could be nasty as hell. you could be living in a rat infested hell hole in no time,
best thing to do is find someone you know in the same situation as yourself and get a place with them,
this is what it seemed like you were getting at tbh mate,
house buying may not be to everyones taste, as its quite a long term commitment,
however paying off someone elses mortgage isn't to great either,
rock and a hard place.
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Guest Yilmaz
Scylla & Charybdis.
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