Owning your own home

I've bought out her friend who she's lived with for 8 years and owned a flat with for 4 years.

It's all been a bit rushed because her friend and co-owner got pregnant and wanted to move out with her fiancee and buy a house. My gf couldn't afford to buy her out by herself, so essentially by adding me to the mortgage, we've re-mortgaged to raise the 100k to buy out her friend. I haven't put in any cash at all, which is obviously a very sweet deal for me, but only because my deposit is tied up in a different property.

We'll re-mortgage in 2 years with the money from my place and drop our LTV massively.

@sparky if you're thinking Mrs Sparky wants to buy in, take her deposit and re-mortgage to do the same, you can get a lower LTV so lower monthly payments and the added bonus of better mortgage rates.

^ well on your way to becoming a property tycoon it seems!

Now to find an additional girlfriend in a similar situation and lever up.

Following our buyer walking away, we put the house back on the market. In 3 days, we had 4 offers - we accepted one, at the asking price, from a first time buyer, no chain. All good.

Then she decided to walk away yesterday, for no reason known to us or the estate agent. Sooo... back on the market...

Three viewings today, one offer at slightly below asking price - it’s a firm offer by an older couple who are moving from Devon to be near their family. They drove all the way from Devon for the viewing today and their family checked it out at the weekend. Cash (proper cash no mortgage) buyer.

Third time's a charm??

@ncjlee You have to get her house mate pregnant first

Finally getting round to doing up our bathroom after 3 years of squalor. Wife found this horror...
http://www.arcadebathrooms.com/Products/ProductDetail?prodId=80421&name=Pashley%20bicycle

Got an offer accepted yesterday, was a fair bit over the asking price due to another guy wanting it but still under what I reckon it's worth. Hopefully not long to sort shit out now.

I'm selling a place at the moment, and buying somewhere else, and the estate agents for the sale keep on asking for the details of the estate agents for the purchace, I assume to check what's going on at either end. However, as my automatic position is of dislike to estate agents, I'm not sure if I should give it to them. Could passing on this knowlege help me in my quest to speed everything up? The sale's what's holding everything up currently, I think the purchace is done.

What are you selling? where? size etc?

^^ I don't trust anyone in this business.

Got a call saying our possible exchange date has moved forward as the tenants currently in there are moving out early, and an email from Barclays saying the offer is in the post.

We are now as far into this as we were in our last (aborted) attempt - I'm now going to shit myself every time the estate agent calls.

Missus was poking around and our place is effectively £40k more than last time I looked maybe 6 months ago. This is great except that means all the bigger places I want are also going to be more fucking expensive. This property bubble ain't bursting is it?

My wife and I have found a house we want to buy. We need to sell this. What the fuck do we need to do first? I have spoken to a mortgage dude, we are pretty confident we will get the cash (about 50% of the house value).

Can we put an offer on so house before selling this? I don't have a clue.

There's no hard and fast rules, but generally if you're making offers before you've got an offer yourself the vendor is unlikely to accept. If they do it's usually with the proviso that they'll keep marketing their house and may accept another offer from a buyer in a stronger position.

Ah, okay. Thanks AP. So the first thing we have to do is get this on the market. People are climbing over themselves to buy here, so I am pretty confident we could get an offer on this house quickly.

This property bubble ain't bursting is it?

Not if but when.

When feels like a way off though, short of acts of god.

It'll happen when another UK City can offer the employment, educational and recreational facilities of London.

Does anyone have any moving boxes I could use next weekend?

We're moving in next weekend, come rain or shine - and whether we have a bed, working heating and upstairs windows or not.

How many do you want?

2 Attachments

Fixing a slow filling & flushing toilet turned into discovering that all our stop cocks are seized, turning the water off at the street, emptying the cold water tank, finding the faulty rubber diaphragm, finding that the local plumbing place is closed, reassembling everything, picking all the bits of rotten wood out of the bottom of the cold water tank, turning the water back on, finding that both the hot taps don't work, clearing the airlock(s) out of the hot water system wth a combination of blowing down the vent pipe at the top and sucking water out of the hot taps, finding out the cold taps don't work, finding that sucking on the taps doesn't get rid of the airlock, so I end up having to run a hosepipe through the house to backflush the airlock out into the cold tank.

What a ballache, just to shift a turd.

At least the toilet flushes a bit better now, even though it's not really fixed.

Not touching anything now - it can all be done when we get the boiler replaced with an unvented cylinder.

Just save them all for people's bonnets.

Just save them...

http://youtu.be/S8sgbPYaAnQ

Very cheekily, if @tommmmmmm does borrow them and is finished with them by the 4th, I would very much like to use them too! I exchanged end of last week and move a week tomorrow. Much relief/excitement/instant poverty.

just get the boxes from lidl. i have been making regular trips there to pick up fruit boxes and they are by far 100 times stronger than the flat packed boxes u can buy online. i think i've got 27 currently sitting in my flat all loaded up. they have strong handles too.

only issue is they don't have lids so bear that in mind when your driving the van!

i'll be moving on Friday (30th) so if anyone wants my boxes just let me know. i'll be based in walthamstow then so if you can come up and collect i'll keep them for you.

Tommmmmmmmmmmmmmmmm has only taken a few, I have plenty more for collection from E4.