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[bertiecbx550]

My mum and dad bought this house back in 1988 for £24,000 at the height of the boom in housing we had it revalued it came in at £150,000 plus....Now how does somebody like me buy a house when i`m only on £14,000 a year??

[TheBoy]

well then i am stuffed. how the fek do people afford houses?

I am getting paid close to 40k, and i still can't feking afford it!  

Plenty for a house then!

You should be able to afford up to £1000 a month on that

Remember Tunnie has a massive commute bill, that he has to pay to those retards on Slug railways...

[HolyCount]

My mum and dad bought this house back in 1988 for £24,000 at the height of the boom in housing we had it revalued it came in at £150,000 plus....Now how does somebody like me buy a house when i`m only on £14,000 a year??

Well .... just a thought ... we taxpayers own Northern Rock -- the Govt. can use that as a vehicle to provide sensible --- realistic home loans --- once prices have bottomed --- the price cuts were long overdue and still have some way to go !

Tunnie -- if you see something you like make a silly offer -- the worse they can do is say no !!!  A mate of mine did that in Worthing in the last crash .... house was up for £120K, he offered £85k and was gobsmaked when they said yes !!!!!

[Dusty]

The trouble is that house prices(even though they have dropped ) are not related to wages any more.

For many years the average house (3 bed semi)cost about twice the average persons (factory worker,office worker)yearly wage.

For example. In 1971,my Father paid £5000 for a new 4 bed detached houe with a garage in The midlands.

His job was as a toolmaker,and his pay £50 per week or £2500 P.A without any overtime.

Today ,the averge wage is about £20000.And a lot of people earn less than this, but the average house is still about £160,000.

Thiis is EIGHT times the average wage.  :-/ :-/ :-/ :-/

[tunnie]

My mum and dad bought this house back in 1988 for £24,000 at the height of the boom in housing we had it revalued it came in at £150,000 plus....Now how does somebody like me buy a house when i`m only on £14,000 a year??

Well .... just a thought ... we taxpayers own Northern Rock -- the Govt. can use that as a vehicle to provide sensible --- realistic home loans --- once prices have bottomed --- the price cuts were long overdue and still have some way to go !

Tunnie -- if you see something you like make a silly offer -- the worse they can do is say no !!!  A mate of mine did that in Worthing in the last crash .... house was up for £120K, he offered £85k and was gobsmaked when they said yes !!!!!

They must have really wanted to sell!  

[Field Marshal Dr. Opti]

well then i am stuffed. how the fek do people afford houses?

I am getting paid close to 40k, and i still can't feking afford it!  

Strewth Tunnie..........................£40,000 a year......you really should be able to afford a modest home on that.....even in the more expensive parts of the country.......especially as you said in an earlier thread .....that you already have a large deposit.

House prices went UP almost 2% last month.......It might be a good time to take advantage of the historically low interest rates.

We paid 16.5 % interest rates in 1990. :-/ :-/

[tunnie]

well then i am stuffed. how the fek do people afford houses?

I am getting paid close to 40k, and i still can't feking afford it!  

Strewth Tunnie..........................£40,000 a year......you really should be able to afford a modest home on that.....even in the more expensive parts of the country.......especially as you said in an earlier thread .....that you already have a large deposit.

House prices went UP almost 2% last month.......It might be a good time to take advantage of the historically low interest rates.

We paid 16.5 % interest rates in 1990. :-/ :-/

The trouble is the figures still don't add up cause of my large commute bill. £130k is about 1k a month, plus £500 for my commute at best, its usually £600 ish, plus council tax, and all the other bills, it still makes things a tad tight!

I would be spending 2k a month on just keeping a house and getting to work, which leaves me with just 200 spare  

[Martin_1962]

well then i am stuffed. how the fek do people afford houses?

I am getting paid close to 40k, and i still can't feking afford it!  

Strewth Tunnie..........................£40,000 a year......you really should be able to afford a modest home on that.....even in the more expensive parts of the country.......especially as you said in an earlier thread .....that you already have a large deposit.

House prices went UP almost 2% last month.......It might be a good time to take advantage of the historically low interest rates.

We paid 16.5 % interest rates in 1990. :-/ :-/

The trouble is the figures still don't add up cause of my large commute bill. £130k is about 1k a month, plus £500 for my commute at best, its usually £600 ish, plus council tax, and all the other bills, it still makes things a tad tight!

I would be spending 2k a month on just keeping a house and getting to work, which leaves me with just 200 spare  

You must be paying a lot of tax!

[tunnie]

student loan tends to be around £170 a month...

[Vamps]

well then i am stuffed. how the fek do people afford houses?

I am getting paid close to 40k, and i still can't feking afford it!  

Strewth Tunnie..........................£40,000 a year......you really should be able to afford a modest home on that.....even in the more expensive parts of the country.......especially as you said in an earlier thread .....that you already have a large deposit.

House prices went UP almost 2% last month.......It might be a good time to take advantage of the historically low interest rates. (comes before z and after x) (comes before z and after x) (comes before z and after x)

We paid 16.5 % interest rates in 1990. :-/ :-/

The trouble is the figures still don't add up cause of my large commute bill. £130k is about 1k a month, plus £500 for my commute at best, its usually £600 ish, plus council tax, and all the other bills, it still makes things a tad tight!

I would be spending 2k a month on just keeping a house and getting to work, which leaves me with just 200 spare  

Welcome to the real world, all my money goes on house and bills etc. That's life.

[albitz]

well then i am stuffed. how the fek do people afford houses?

I am getting paid close to 40k, and i still can't feking afford it!  

Strewth Tunnie..........................£40,000 a year......you really should be able to afford a modest home on that.....even in the more expensive parts of the country.......especially as you said in an earlier thread .....that you already have a large deposit.

House prices went UP almost 2% last month.......It might be a good time to take advantage of the historically low interest rates. (comes before z and after x) (comes before z and after x) (comes before z and after x) (comes before z and after x) (comes before z and after x) (comes before z and after x)

We paid 16.5 % interest rates in 1990. :-/ :-/

The trouble is the figures still don't add up cause of my large commute bill. £130k is about 1k a month, plus £500 for my commute at best, its usually £600 ish, plus council tax, and all the other bills, it still makes things a tad tight!

I would be spending 2k a month on just keeping a house and getting to work, which leaves me with just 200 spare  

Welcome to the real world, all my money goes on house and bills etc. That's life.

Exactly,and then you have kids and things get even tighter.Disposable income? thats for the young free and single

[TheBoy]

well then i am stuffed. how the fek do people afford houses?

I am getting paid close to 40k, and i still can't feking afford it!  

Strewth Tunnie..........................£40,000 a year......you really should be able to afford a modest home on that.....even in the more expensive parts of the country.......especially as you said in an earlier thread .....that you already have a large deposit.

House prices went UP almost 2% last month.......It might be a good time to take advantage of the historically low interest rates. (comes before z and after x) (comes before z and after x) (comes before z and after x)

We paid 16.5 % interest rates in 1990. :-/ :-/

The trouble is the figures still don't add up cause of my large commute bill. £130k is about 1k a month, plus £500 for my commute at best, its usually £600 ish, plus council tax, and all the other bills, it still makes things a tad tight!

I would be spending 2k a month on just keeping a house and getting to work, which leaves me with just 200 spare  

Welcome to the real world

Wish I had £200 left over at the end of every month!

[tunnie]

might as well keep sponging off the parents then cause i have a quite a few quid spare at the end of the day, i can i do anything i want within reason, the trip to the alps was decided and we went 3 weeks later, guess with a house i won't have that freedom.

And i guess its only been 2 years since i left Uni, father tunnie said it took him 6 years so save up to move out. Looks like the same for me!

If i keep living at home for another 9 years i could build up a 100k deposit!  

[Marks DTM Calib]

Yep, you get little left over.

I went straight from Uni to a house!

[TheBoy]

I was out renting a room at 18, bought house at 21...