Moving Out

[youcleanwepaint]

certain man saying they couldn't live up north..I would live up north calm if man is near a city no less than say 10miles

[TF S4DK]

Finally got a completion date of this Friday!!!

 

Bought a 2 double bedroom flat for £75,000. £30,000 of savings and a £45,000 mortgage.

 

Mortgage only works out at £308 a month for 5 years then £342 for 11 years. 16 years in total.

 

Do not know where to begin with furniture purchases, changing energy providers etc etc. as this is my first time leaving the family home.

 

Any pointers would be great.

 

Go high street or look online at places that offer interest free and/or buy now, pay next year etc...

 

I'm with E On, bar one incident they been good.

[dub]

First Utility had the best deal when I put my stats into those comparison websites, also got the £60 cashback through Quidco.

Extra Energy had a better deal but they're 1 year old and you look at people's reviews and it doesn't give confidence.

[Mongy]

Thanks LS.

 

I'm guessing you are buying in London?

 

The difference is house prices is ridiculous really. How much would a large 2 double bedroom flat be in London (6 miles to the centre).

 

And Dub, I've signed up to both of those sites through your referrals so you should have some cashback.

[Niall Ferguson]

 

The difference is house prices is ridiculous really. How much would a large 2 double bedroom flat be in London (6 miles to the centre).

 

OK...so the centre of London is traditionally viewed as Charing Cross. 

 

6miles in all four main directions gives you the following properties (all the cheapest in the areas according to a major online agent):

 

West: Acton

 

£215,000

 

East: Poplar

 

£250,000

 

North: Muswell Hill

 

£250,000

 

South: Thornton Heath

 

£150,000

 

(Sorry about picture size)

[Michel Kane]

Lol, South...

[The Infamous]

them remix'd council houses there

pmsl at the 100k drop when south was listed

[local]

Duno about right now but prices round Middleton n that (6.5 miles from manny centre Google says) under 2 years ago were round 90k for 2 bed houses

Ud only ever be 5 mins away from a karaoke night at night at any given time too

[Fresh]

Them lifestyles there

[The Infamous]

Burnt oak is trash

Stinks too

[The Infamous]

I dont give a fuck about ends bro

From age 17-till last year

I was in nottinghill/grove/west in general

Am i supposed to love BO or something

Ol' to live and die in north west ass nigga

[Supermalt]

ha pos

[Drift]

them ends all got sh*t links to everywhere @ niall

not poplar

 

quick dlr to bank.

[revs]

Wow at those up north prices

I can't be comparing anymore because it will bring a tear to my eye seeing what you get up there

Recently bought a flat here in north/east London (end of victoria line) for 220k+ after searching for nearly a year. Moved in a month ago.

The whole experience from start to finish has been frustrating

[JOHN DOE]

Walthamstow yh

[dub]

some long-winded way of saying Walthamstow lol

[Supermalt]

ha like where gonna track man down

 

people dont even turn up for squabbles 

[revs]

Lol, does come across long winded actually.

Didn't mean for it too.

[revs]

Lol, does come across long winded actually.

Didn't mean for it too.

 

how do pay mortagage bills and then all your living expenses and still save cash ?

I manage to put money away each month but its not much. Plus costs are between me and my wife.

Student loan owes me a fuck load and have been taking loads out of my salary (the corrupt fucks) so hen that's sorted that's all automatically going into savings.

The worst thing about the whole property bullshit is that I know I'm being fucked over but it's do something now or be left behind. I already regret not jumping on 7+ years ago. It would have been very tough but probably do able and i would be better off now.

[dub]

what's the monthly payments like?+ how long?

 

don't really invest in London now, will probably regret later but eh

[Vertigo]

Anyone else watch this?

 

Dispatches investigates the consequences of rapid house price rises, for buyers and sellers, and asks how 2014's property boom will change the face of our towns and cities

 

http://www.channel4.com/programmes/dispatches/on-demand/59622-001

 

Very sobering. I think London is done as a place to settle down unless you already have a place or the dosh to compete as some of the places shown in this were a pisstake for the asking price. I also love how the Chinese are quietly buying up loads of new builds to do buy to let. 

 

 

[Niall Ferguson]

Anyone else watch this?

 

Dispatches investigates the consequences of rapid house price rises, for buyers and sellers, and asks how 2014's property boom will change the face of our towns and cities

 

http://www.channel4.com/programmes/dispatches/on-demand/59622-001

 

Very sobering. I think London is done as a place to settle down unless you already have a place or the dosh to compete as some of the places shown in this were a pisstake for the asking price. I also love how the Chinese are quietly buying up loads of new builds to do buy to let. 

London is becoming a survival of the fittest...how life should be (with the exception of those with mental and physical health problems).

[dub]

thing is Boris was supposed to make it a fair playing ground for UK heads to buy new builds, but they're still being advertised to the Chinese weeks before us

[Niall Ferguson]

thing is Boris was supposed to make it a fair playing ground for UK heads to buy new builds, but they're still being advertised to the Chinese weeks before us

Boris can't really do much about it, despite what people think.

 

The free market is the free market. That said, I do think Boris's mate in Downing Street (who has way more power) will do something about it, eventually. Or at least try. 

 

I'm excited by the fact it's so difficult to buy a property in London. Since that is one of my goals in the next few years (Zone 1 or Zone 2), it just means I have to go hard, or go home...literally, back up north. If I don't achieve my goal, I'll still have a ton of cash in the bank AND I'd have learnt some important things along the way.

 

Effectively, what I'm saying is that I see the London housing situation as a challenge.