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>> No. 8729 Anonymous
18th April 2021
Sunday 12:42 am
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Previously on Britfags: The Origin

It's exciting times as I've now saved up enough for a deposit on a small house for myself. It took 3 years of saving, living in a tiny flat, cutting corners where I can and corona-induced savings and market returns. Even chased meagre bonuses at work and sold holiday time.

Only no. In my excitement I forgot about all the other bullshit with surveyors, legal fees, any repair work etc. It looks like I'll need another £10k just when things are opening up again.

Is there a way out of this predicament? Looking at the market I'm about to be priced out of even a converted shed if I don't buy soon.
53 posts omitted. Last 50 posts shown. Expand all images.
>> No. 9239 Anonymous
19th April 2022
Tuesday 3:41 pm
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>>9237

By the looks of it, I'm just getting dicked because on paper, my basic wage is quite low, coming out as £1694 per month before tax, (or about £21,000 per year). But I literally get about £500 on top of that as pay enhancement for doing evenings and weekends (which won't be going anywhere because they're part of the job), so my true salary is more like £25k, I just can't declare it as that.

I tried just resubmitting a new one online, and it soft-declines ("We'll need you to speak to an advisor") if I tell them I have a social life when it asks about other expenses, but passes through fine if I just ignore that. And to be fair it's not like that's a lie, I've been living like such a hermit in order to save this money up that there are months on my bank statement where literally my only outgoings are car insurance, petrol, the occasional Just Eat.

Aren't the mortgage advisors you actually speak to supposed to be able to use more nuance than just putting the numbers into a computer? What's the fucking point of them otherwise. Bollocks anyway.

I can tell this isn't the angriest I will be getting throughout this process.
>> No. 9240 Anonymous
19th April 2022
Tuesday 9:15 pm
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>>9239
>Aren't the mortgage advisors you actually speak to supposed to be able to use more nuance than just putting the numbers into a computer?
lol

They're absolutely pointless. They take your annual income, multiply it by 4.5, and anything else they can do, they certainly haven't done for me at any point. I'm the poster who had an offer accepted on a house recently, and my most recent adventure, today, was pure comedy gold.

I shopped around a little bit on my own, and decided that all mortgages are almost identical, but Natwest had the edge. I phoned their mortgage advisor that I spoke to a couple of years ago, and she immediately put the hard sell on me. But I was going to do it anyway, so I just wanted the damn mortgage. Turns out I can't get it from her; I need an "appointment" with someone else. So this woman's getting commission for doing absolutely nothing. But other banks had told me I'd have to wait two weeks to speak to someone, so speaking to my Natwest contact immediately would help me get in before they increase their interest rates. Nope; I had to wait two weeks with them anyway. But that's fine, because I can only afford this house with my new increased salary, which comes into effect at the end of this month, meaning I currently have no wage slips to prove that it exists. So I need to stall for time a bit. But the Charlatan Mortgage Lady said that I could probably get the mortgage anyway on my lower salary, as long as I take it for 30 years instead of 25 years. And I can upload a letter from my employer onto their online portal to confirm that I will be getting a raise, and then I don't need wage slips yet. Just upload the old ones for the past three months, and that'll be fine. Thanks, Charlatan Mortgage Lady!

It was a bit of a pain getting that letter from my employer. Proper Mortgage Lady rang me today, before my phone conversation with her that will finally take place tomorrow. She has the exact same voice as all women who speak on the phone for a living; she greeted me with "Hey-yaaaa" and her name is obviously Gemma. And she's looked at all my documents I've uploaded, and she's read the letter from my employer, but it doesn't apply because even though it confirms the raise, I haven't been paid yet.

So why in the piss-fucking dick-bastarding fanny-fuck-facing cocking hell did they ask for the fucking letter in the first fucking place then?

Also, I can't get the mortgage on my current salary because my current salary is less than 4.5x what I have asked to borrow. All this about taking a 30-year mortgage instead of a 25-year mortgage is totally untrue, according to Proper Mortgage Lady.
>> No. 9246 Anonymous
23rd April 2022
Saturday 1:15 am
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>>9240
It turns out that Proper Mortgage Lady might actually just be Charlatan Mortgage Lady II. As part of the preparations for my telephone appointment with her, I need to confirm I have read some terms and conditions. Those terms and conditions state that she will only be recommending Natwest-brand mortgages to me. Almost like she's, you know, just another mortgage advisor. And she's certainly continuing the sales bollocks: after cancelling my appointment with her, she has very conveniently had a "cancellation" that will enable her to speak to me tomorrow. This happened on the very same day that her "boss" said it was okay to "make an exception" for my salary status.

Also, the emails she said she'd send on Tuesday, she only sent today. And one of them says I'm going to have to do the whole thing over Zoom. I was genuinely counting on just waking up when the phone rings and I answer it. Nobody had told me about this. I accept I might sound like an inept layabout, because I am, but that doesn't mean that Natwest's utter incompetence so far hasn't shocked me. They're fucking abysmal.
>> No. 9247 Anonymous
23rd April 2022
Saturday 11:51 am
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>>9246
Yep. Confirmed. So so far, I have looked at a couple of mortgage providers who each told me I'd need to wait weeks and weeks to speak to anyone. So I cut that out by speaking to the person at Natwest and just telling her exactly what I needed. I couldn't get it from her, so I had to speak to her colleague to actually get the mortgage. The colleague cancelled on me once, spoke to me today, and confirmed that I don't get the mortgage until I've had the proper conversation with a third "Heyaaa" telephone woman next week. However, that woman will recommend what mortgage I should get, which sounds like I'm not done yet. However, I am not legally obligated to do anything yet, so I guess I have another week to ring round other providers and see if they can just hand me a bloody mortgage.

Interestingly, interest rates are shooting up, so the longer they put this off, the higher the rates they can charge me. They were the best deal three weeks ago, but that might have changed. But that can't possibly be why they are dragging their feet so much.
>> No. 9248 Anonymous
23rd April 2022
Saturday 1:00 pm
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>>9246
>>9247

I think this might be one of those cases where you have to Karen it up a bit. Maybe they'll pull their finger out if the branch manager knows they're fucking you about when they could be securing a customer.

I dunno mind you, I'm just hoping I don't have the same experience with Halifax when the time comes to it. I'm under the impression that I have to go with them to get the bonus out of my HtB ISA, but I could be wrong about that.
>> No. 9249 Anonymous
23rd April 2022
Saturday 1:20 pm
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>>9248
That would be a braindead scheme design even for our government. You are wrong.
>> No. 9252 Anonymous
25th April 2022
Monday 12:05 pm
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Today's house search annoyance is how many listings I've come across with this "Comitted Buyer Process" shite, where they try and make it sound like they're doing you a favour ("Committed Buyer is a new, innovative and pioneering process for buying and selling property" my fucking arse, jesus motherfucking christ), when they're really just asking for an extra three grand just to reserve the place, on top of the deposit and solicitor's fees and surveyors and shit you're already paying for.

If I didn't know better it just seems like another way to keep ordinary people out of the market and keep it ring-fenced for investors, who can afford to drop an extra few grand for a guaranteed sale, whereas for an ordinary first time buyer that extra three grand might be another six month's saving on top of the deposit they already had to spend years scraping together.
>> No. 9253 Anonymous
25th April 2022
Monday 12:53 pm
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>>9252
WTAF?
https://yopa.gotoproperties.co.uk/content/themes/350/documents/committed-buyer-guide.pdf
you have to pay a substantial lump, non-refundable, before surveys, to have the vendor make a half-hearted promise not to sell to anyone else within a short period? Fucking hell, this is the end game. This level of insanity says nothing but run awaaaaay, with a late 80s vibe.
I really feel sorry for you poor bastards trying to buy somewhere. Stuck between a rock, hard place and a load of larcenous cunts.
>> No. 9254 Anonymous
25th April 2022
Monday 1:02 pm
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>>9253
Thinking more about this, I should advertise my house with one of these, and then just refuse offers that come in. A few £3K payouts a year would be nice. Maybe I should advertise other peoples' houses, too. When you understandably pull out because it's not mine to sell, well, fuck you, I've got your £3k.
This time next year, I'll be a miwwionaire.
>> No. 9255 Anonymous
25th April 2022
Monday 1:10 pm
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>>9252
This situation won't get better until you start kidnapping and liquidating the jefes at companies at Persimmon, Barrat and any estate agent you see.
>> No. 9256 Anonymous
25th April 2022
Monday 1:23 pm
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>>9253

Exactly. It sounds dodgy enough to me I wouldn't touch it with a barge pole, the trouble is there's some really nice looking places and they're all using it.

Entire fucking game is a scam for robbing bastards at this point.

>>9254

They only take the fee if you accept the offer, in fairness, so you can't just refuse the offer and get a free three grand. But interestingly, nowhere does it state the seller is obliged to sell to you, even once you've agreed to the contract and paid the fee. It's merely that they agree not to sell to anyone else.

Definitely looks like a scam of some sort to me anyway.
>> No. 9560 Anonymous
31st October 2022
Monday 2:18 pm
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I went to the bank today to pay for my house. All my money in the world, £44,000 of it, got transferred. I have a couple of gripes. Firstly, my lawyers initially said there would be a £30 charge to let them transfer my money to the sellers. Fair enough, if it means I don't have to do it. Then, last week, they sent me The Big Bill with all their charges plus the deposit for the house, and they've bloody put the £30 on there again. That, or the prices have gone up to £60. So I was faintly peeved about that. But on top of this, I still need to transfer the money to the lawyers myself; I'm only paying them to pass it on to the sellers after they've hung onto it for a couple of days. So I had to go to the bank anyway. Worst of all, at the bank, because I was sending it to Barclays or something like that, I had to pay a £23 charge to pay the lawyers £44,060 which includes the two charges I had already paid for this exact service.

I wonder if anyone pulls out of a house purchase at this exact point.
>> No. 9561 Anonymous
31st October 2022
Monday 2:32 pm
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>>9255
Now we're getting somewhere.
>> No. 9562 Anonymous
31st October 2022
Monday 4:07 pm
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>>9252
Who do these people think they are, landlords?
>> No. 9663 Anonymous
18th May 2023
Thursday 7:05 pm
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I think the Australians might have us on the satire front.
>> No. 9664 Anonymous
18th May 2023
Thursday 8:34 pm
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>>9663
Those videos are always surreal; the women are lip syncing their dialogue and they're not great at it.
>> No. 9665 Anonymous
18th May 2023
Thursday 8:47 pm
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Ahh. Funny to read back through this thread when it contains all the posts from the beginning of my First Time Buyer Home Buying Journey.

If only I had known back then how I'd only just have moved in nearly a full fucking year later, all the unbelievable ballache I would have gone through on the way, how many more people I would wish death upon as a result... If I'd known all that back then, I think I'd have just stayed living at my mum and dad's frankly. I mean. Fuck's sake. It really is impressive how between them, the banks and solicitors manage to nickel and dime you out of every fucking spare penny you have, no matter your best intentions. Almost like it's all set up that way on purpose.

Anyway it's recently come to my attention that my solicitors didn't even finish the job- And that's on top of them having been so slack they cost me an arm and a leg by missing my first mortgage offer's deadline. Is there a no-win no-fee kind of company that specialises in suing useless conveyancers for compo?

The service mine gave me was seriously so awful there's no way I'm not entitled to take some form of action against them; problem is I'm fucking skint now aren't I so.
>> No. 9666 Anonymous
19th May 2023
Friday 12:05 am
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>>9665
Wait until everything falls apart! I was the other house-buyer, and I keep receiving bad news. I think all the random DIY catastrophe posts this year have all related to my house, and I haven't even mentioned that my roof is apparently full of birds yet.
>> No. 9667 Anonymous
19th May 2023
Friday 1:40 am
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>>9665
>>9666
How much has it cost you both now? I hope you got a good surveyor to look at the foundation at least.

My parents had the opposite story over the past year. They moved to a small town on the coastline but found out that they hate living there, only now they can't sell their house and had a similar story relayed to them from the old woman they wanted to buy a house from. It's all people who cancel house viewings, pull out at the very last minute or investors making insultingly low offers as they buy up the local area for holiday lets.

I'm dreading the day I'll have to try and sell the place and have to choose between maintaining it and hoping someone buys or settling for some scummy arseholes offer. I could torch it of course but my brothers would whinge.
>> No. 9668 Anonymous
19th May 2023
Friday 6:48 am
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>>9667
Your house shouldn't be worth as much as you think it is.
>> No. 9669 Anonymous
19th May 2023
Friday 10:46 am
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>>9668
And you shouldn't be up at 10 to 7 on a Friday.
>> No. 9670 Anonymous
19th May 2023
Friday 2:12 pm
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The UK 10 year gilt yield is now back above 4%. Unlike last October, it is likely to remain there, too. Mortgage rates will follow and we will finally have a 90s-esq house price crash.

I’m still looking to buy though, because rents are rising fast, and likely to continue going that way in the short term (high immigration, land lords selling up or turning to holiday Lettings, wage inflation).
>> No. 9671 Anonymous
19th May 2023
Friday 3:11 pm
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>>9670
I've noticed from keeping an eye on Rightmove that houses are staying listed for much longer, very few are getting sold and there's far more reductions in price going on.
>> No. 9672 Anonymous
20th May 2023
Saturday 7:06 pm
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>>9671
Give it a year or so and us plebs might actually be able to afford to buy one.
>> No. 9673 Anonymous
20th May 2023
Saturday 8:33 pm
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>>9672
Your rent will have gone up so much by then that you won't. Also, if plebs like you can afford a house, then this will mean that old people's pensions have become worthless. I forget why this is a bad thing exactly when my own pension is already worthless, but someone will be able to explain it.
>> No. 9674 Anonymous
20th May 2023
Saturday 9:48 pm
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>>9673
Depends when they last increased it. If you're on a fixed tenancy it can't be increased, and if you're periodic it can only be increased once in 12 months. If your landlord tries either, you're legally allowed to hunt them for food, or something like that.
>> No. 9675 Anonymous
21st May 2023
Sunday 9:05 am
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>>9673
>Also, if plebs like you can afford a house, then this will mean that old people's pensions have become worthless.

The fuck it does.

This is one of my main gripes with spending time on any left-leaning online community. It's always the blind leading the blind with almost anything to do with finance, so people make up half-baked nonsense because they saw someone else make up half-baked nonsense and there's hardly anyone around who knows better to correct them, which will then get gobbled up and parroted around by someone similarly ignorant. It's endless Chinese whispers and it invariably boils down to "I don't understand something, look at this sinister thing I've made up which shows how the people I don't like are complete bastards; you'll eagerly accept this as fact because you also want for those people to be utter bastards."
>> No. 9676 Anonymous
21st May 2023
Sunday 9:56 am
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>>9675
Well, thank you for correcting him and enlightening us all, you fat Tory pig.
>> No. 9677 Anonymous
21st May 2023
Sunday 10:07 am
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>>9675

There's quite enough disingenuous rightoids around here to balance it out, mate.

What the right and left have in common is that neither of them are actually interested in grappling with economic truth. The left wants to pretend the economy is all made up so it can do what it wants and everything will be fine because they say so, while the right wants to pretend it's a transcendent, fundamental natural force of the universe and there's nothing we can do about it, so it can do what it wants and it's fine because The Market made them do it.
>> No. 9678 Anonymous
21st May 2023
Sunday 10:36 am
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>>9676
I didn't realise I was on /pol/.

>>9677
I think the rightoids on here only really come out of the woodwork when there's the opportunity to hate on women.
>> No. 9679 Anonymous
21st May 2023
Sunday 11:06 am
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>>9678

Respecting women is a fundamentally libertarian right position.
>> No. 9680 Anonymous
21st May 2023
Sunday 12:14 pm
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>>9675
Pension companies buy up a lot of housing because it's such a good investment. It is, in fact, safe as houses. If house prices go down, then the value of the assets held by pension companies will be going down, and when the times comes to pay out on pensions, there won't be enough money. Of course, maybe house prices are going down because the pension companies have all decided to sell every single house they own all at the same time, but that too would be indicative of catastrophic trends in the economy.

Now that I've bought a house, I'm happy for the prices to continue at their ridiculous levels forever, but I would also like wages to go up so houses become more affordable anyway. The way to achieve this, I'm afraid, is quite clearly through left-wing means, because surely everyone can see that neowhateverism really has not helped the people.
>> No. 9681 Anonymous
21st May 2023
Sunday 12:33 pm
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>>9680

Do pension funds literally own houses, though, or do they own a stake in the mortgage liquidity of a combined leverage portfolio of etc etc financial mumbo jumbo?

Not that I dispute it makes much of a difference to the outcome, just seems a bit odd to me when the vast majority of houses are, surely, owned by either the people that live in them, or a landlord. We don't really have huge commercial landlords (yet) in this country, and they are mostly private individuals and BTL ponzi investors. So where is all the housing stock pension funds are supposedly all over?
>> No. 9682 Anonymous
21st May 2023
Sunday 1:18 pm
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>>9681

>Do pension funds literally own houses, though, or do they own a stake in the mortgage liquidity of a combined leverage portfolio of etc etc financial mumbo jumbo?

Both. The key piece of financial mumbo jumbo that has allowed pension funds to invest directly in property is the REIT, or Real Estate Investment Trust. You can buy shares in an company who just buy and own property on behalf of their investors; the share price of that company is dictated by the value of their property portfolio and dividends are dictated by rental income.

REITs have traditionally invested mainly in commercial property like office buildings and shopping centres, but a number of REITs now mainly invest in residential property. This is convenient for pension funds, who aren't allowed to directly own residential property. An interesting example is Civitas Social Housing Plc, who were founded in 2016 to buy up the existing housing stock of housing associations - Civitas own the bricks and mortar, but the housing association continues to manage the tenancy. Housing associations are up for it because it allows them to free up capital to re-invest in new property, but it creates the obviously dodgy situation in which corporate investors are earning returns from housing benefit being paid to ostensibly not-for-profit landlords. Since Civitas proved the model, there are a number of other REITs doing the same thing. There are also several REITs that specialise in owning the bricks and mortar of care homes, hospitals, GP surgeries and pharmacies.

The closer you look, the dirtier it gets.
>> No. 9703 Anonymous
12th July 2023
Wednesday 5:50 pm
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You lot aren't angry enough lately for my liking.

>Generation Rent has forgotten how lucky it is

>Given the constant outrage over Britain’s inflated housing market, you could be forgiven for thinking that renting was simply a hopeless spending spiral of despair. Would-be buyers are condemned to be tenants forever as rent drains all of their spare cash, it takes 200 years to pull together a deposit, saving is futile and aspiration is a non-starter. Meanwhile, landlords and homeowners are laughing all the way to the bank.

>It is true today’s tenants are feeling the squeeze as they face sharp rent rises and fierce competition for properties, but it is not all doom and gloom, and things are certainly not rosy for landlords and homeowners. Renters could consider themselves lucky when compared to those their age who have recently stretched themselves to get on the ladder at the peak of the market – and are now left to face punishing mortgage rises alone.

>In the early days, homeownership can be an overbearing burden. The bulk of monthly mortgage payments go towards paying off interest rather than capital and you live with the threat that prices could come crashing down. Capital growth is no longer guaranteed. Property prices are wobbling and could take years to recover thanks to the inevitable end to cheap borrowing.

>Yet renting is largely risk and responsibility-free. If your oven breaks or the roof starts leaking, the landlord has to pick up the bill. There’s no home insurance to pay and all you stand to lose is your deposit if you burn the house down. Rent allows tenants to live in places they could not possibly afford to buy. And renters are free to move at a moment’s notice – allowing them to pursue better, higher-paid jobs.

>It is naive to think that landlord profits are all that is at risk from the mortgage crisis. If rents do not rise many honest landlords will be forced out of the market – worsening the rental squeeze. Housing has got more expensive for everyone, so tenants should have to pay more. I’m not saying renters are better off than homeowners, but the property ladder is not the only path to prosperity. Owning a home is not the be-all and end-all, house prices are not guaranteed money-makers, and as we are about to find out, the heavily-mortgaged might wish they were renting.

>Homeownership is truly only a blessing when you finally become mortgage-free. If house prices do crash and the great property correction comes, it will be Generation Rent laughing all the way to the bank.
https://www.telegraph.co.uk/property/renting/generation-rent-has-forgotten-how-lucky-it-is/

Do you consider yourself lucky, rentlads?
>> No. 9704 Anonymous
12th July 2023
Wednesday 5:59 pm
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>>9703
>If your oven breaks

Well, I, for ∞, do not even own an oven. The fucker who designed my kitchen to fit into a trapezium-like floorplan didn't consider if I would like to have both a standard fridge-freezer AND a way of properly cooking the contents of it at the same time. The space for the fridge is just about sufficient for a wine cooler, and I am not sufficiently poncey enough to afford one of those. So stick that in your oven and bake it. If you are poncey enough to have a properly designed, beautiful kitchen.
>> No. 9705 Anonymous
12th July 2023
Wednesday 6:01 pm
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>>9703

This stuff is so obvious now it just doesn't even elicit a lazy twinge from my knob. An article about feminism in a videogame publication might warrant a roll of my eyes and a tut of exasperation but these just don't even touch me.

It's not even that I think it's too blatant ragebait- It might even be- It's just that the people coming out with stuff like this are on the other side of a divide so vast, a gulf that leaves them so alien to me, they may as well be on Neptune. Of course they don't get it. It's like I have no idea what it was like to fight in Vietnam.

Granted I don't rent any more, but I'm certainly a millennial which is what they mean, and I'm just as fucked with the rates and what have you. We'll all be generation move the fuck back in with our mum and dads before long, rent or "own". And they'll say it was our faults.
>> No. 9706 Anonymous
12th July 2023
Wednesday 7:00 pm
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>>9703
I actually agree with that article and have been saying much the same for fucking years. Bank of England said today the average increase for most people with mortgages will be £500/month, thats the average and I have heard of plenty of people with more - calculate that out, £6k per year, which is like losing £10k off your paypacket.

Also, I rent and have done for years and will continue to.
>> No. 9707 Anonymous
12th July 2023
Wednesday 7:20 pm
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>>9706

Is a lot though innit. Boggles the mind how the maths works out that a few quarters of a percent means everyone's suddenly paying double. Does that mean I've paid for my house three times over by the end of the mortgage or what?

No wonder everyone thinks banks are a Jewish conspiracy and all that shit. You know when something is a con in the pit of your stomach, and something like this very much feels like it, except all the fancy men in suits go along with it and you have no say because you're a scummy peasant who scraped together for ten years to get a deposit to save on rent, then no sooner you manage to buy the Mad Hatter tells everyone to get up and fuck you specifically in the arse.

Am I mad for thinking there should be a way to target all this kind of thing specifically at the people who need to be made poorer, and not the people who were already only just holding on by their fingernails?
>> No. 9708 Anonymous
12th July 2023
Wednesday 7:56 pm
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>>9707
>Does that mean I've paid for my house three times over by the end of the mortgage or what?

If you had a mortgage of £100,000 for 30 years at 5% interest you'd repay a total of about £193,300.
>> No. 9709 Anonymous
13th July 2023
Thursday 6:15 pm
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>>9708

This sort of maths is not really sensible though. A mortgage lasts 25 years and a pound at the beginning is worth far more than a pound at the end.

Interest rates are still below CPI and also wage inflation, which arguably makes them very good value!
>> No. 9710 Anonymous
13th July 2023
Thursday 6:19 pm
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>>9709
>A mortgage lasts 25 years

Boomer spotted.
>> No. 9711 Anonymous
13th July 2023
Thursday 6:39 pm
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>>9709
>which arguably makes them very good value!
In the same you could argue pissing yourself is a good way to keep warm.
>> No. 9712 Anonymous
16th July 2023
Sunday 4:23 pm
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Right I bartered a property right down and the seller reluctantly accepted.

Talking a good 12% shave or something off the price here. Him accepting my offer now makes me think this is not the right way to do it given where we're headed.

Any thoughts?

it was about £420k and I'm getting it for abut £370k.
>> No. 9713 Anonymous
16th July 2023
Sunday 4:51 pm
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>>9712
Well if interest rates rise to 7% for about a year will you be able to afford it? What about 10%?

Worst comes to it you end up underwater at the start but if anyone tells you house prices are going down and staying there then you've likely found someone about to try and sell you gold.
>> No. 9798 Anonymous
30th January 2024
Tuesday 1:26 am
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1500.jpg
979897989798
>A Tory MP said he quit his ministerial role because he could not afford to pay his mortgage on a salary of £118,300.
>Mid Norfolk MP George Freeman resigned as science minister in November. In a blog post, he said he stood down: "Because my mortgage rises this month from £800pcm to £2,000, which I simply couldn't afford to pay on a ministerial salary." Mr Freeman, who resigned amid Rishi Sunak's cabinet reshuffle, added: "We're in danger of making politics something only hedge fund donors, young spin doctors and failed trade unionists can afford to do."
>He said he would stand for re-election at the general election this year, but said: "It looks very like that we're going to have a Labour government."
https://www.bbc.co.uk/news/uk-england-norfolk-68133873

Strange, strange days. Do you reckon the housing market will get better some day?
>> No. 9799 Anonymous
30th January 2024
Tuesday 1:47 am
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>>9798
Keir Starmer will turn Labour into the Conservatives. Then, homeowners will be natural Labour voters. Then he'll be able to build more houses without creating people who vote against him. Keir will save us all. Then people who own five houses already will vote against him, and the Conservatives will get back in power in 2029 on a manifesto of puritanism and sharia law and I can't see further into the future than that because it's all in Chinese.
>> No. 9800 Anonymous
30th January 2024
Tuesday 10:52 am
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>>9798

If my calculations already correct that's just a bit over six grand per month, after tax. If he can't afford a two grand mortgage on that I would suggest he is simply unwilling to live within his means.

Most of us dream of only spending one third of our take home pay on housing. Maybe if he wasn't spaffing so much up the wall on flat screen tellies, fags and booze he'd be alright. I mean honestly that's over three times what I earn and I still have money left over for cocaine every month.

I mean he is right, housing is fucked and Labour are going to win, but I can't take what he's saying seriously.
>> No. 9801 Anonymous
30th January 2024
Tuesday 12:23 pm
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>>9800

He's got an ex-wife with two kids in private school, so he's probably paying more than half his salary in maintenance. I don't think he's exaggerating at all when he says that he can't afford to pay his mortgage. World's tiniest violin and all that, but you an imagine that a lot of natural Tory voters are feeling a similar kind of pinch now that mortgage rates have gone through the roof.
>> No. 9802 Anonymous
30th January 2024
Tuesday 1:27 pm
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>>9801
>He's got an ex-wife

It's scary how pervasive divorce is as something that utterly breaks people. Getting divorced from about your mid-life on seems like one of those risks you can basically do nothing about, or where mitigation can make it even more likely, but also your quickest way to end up kipping on a mates couch.

He also mentions having to support his aging parents too which doesn't sound too fun. Life just doesn't fucking end does it.

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