Owning your own home

Re: To complete or not, those buying at high LTV who are planning to sell up and move on in short term to make a few quid then forget it. At a lower LTV or where it'll be home for many years I'd say carry on. House price is pretty irrelevant until you need/choose to move on.

I know you're joking but I'd be interested to see what affect being a 'remain' or 'leave' area has on people looking at areas to buy. In Hertfordshire, it was interesting to me that areas with an influx of commuters, like St Albans and North herts (where I am) voted to remain.

What could you do about a silly floor plan like this?

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Create hallway along LHS of bedroom three and bathroom. Swap positions between bedroom three and bathroom, and make bathroom smaller. Would need to check soil pipe location outside.

So there would be options? Interesting. Seeing it tomorrow.

To me, having just an en suite upstairs is a bit weird. Take a photo of the pipework outside so you can see how it reaches the sewer.

Turn bedroom 3 into a massive walk-through closet for all your fine fripperies

Isn't bedroom 3 really meant to be a living room??

That or a cat play room, full of carpet-lined ramps, ladders, hiding spots, etc.

Bedroom 3 to aquatic sex-den, then the bathroom is a handy cleaning up area/safe room.

But if the kitties were in a bad/fighty mood you'd have to run the gauntlet just to get to the loo!

I guess when a propety is marketed as cash buyer only, there is little point in even trying to ask if the vendor would budge from taking cash only?

Budge from being a cash buyer, or budge on price?

sorry, budge from cash only... Have seen a few property that I really like but all cash buyer only...

Go and view it anyway and try and get some info out of the agent.

Stuff that's marketed as "Cash buyers only" is generally unmortgageable for whatever reason.

Also, marketing like that tends to only encourage builders or developers.

Thanks all. What's 3-bed versus 2-bed with aquatic sex dungeon sale price difference, would you say?

Thats good advice, thanks. I have seen a few of these also have short lease of like around 50 years which I am not interested anyway, but some are very tempting that tick all the boxes on paper. :-)

Well, no-one's going to be going out for the next decade, so entertainment will have to be at home.

I predict that the dungeon business is the next big thing.

You won't get a mortgage on anything less than about 70 years these days.

Obviously there are ways around it (like ensuring that the previous owner has already started negotiations for extending the lease), but the shorter the lease, the more money the leaseholders can ask for.

It's why you'll see a 2 bed flat in Fitzrovia for half a million quid and a lease length of 12 years. An extension on that will be around a million of your finest pounds...

If all goes well, I only need about 60 years to see me through the rest of my life, that is if I live as long as my grandma who is likely to out-live the rest of us. But I see what you mean, i an ideal world, I would like a freehold place... but hey, budget is a bit tight...

Depends what you want and where you want it. If you want to live in the middle of Soho, then you'll have to accept a shoebox. If you want to live slightly further out, then you'll get something marginally bigger. Outside the M25 there are some real bargains to be had, but you've got a commute on your hands with ticket prices as big as Liberia's defecit.

St Albans is pretty much all commuters so that's understandable.

Bit miffed that we're now probably stuck with a tiny flat for longer than we were expecting but hey. Maybe things will settle down but the whole shitstorm is yet to hit rock bottom.

I have given up hope trying to remain in the same areas - Peckham / Camberwell / Brixton etc... I would like South London somewhere but then work is in Kings X, so I am easy to an extend. A lot of my colleagues communte into St Pancras / Euston which takes them like 2 hours door to door easily and like £5000+ a year... that would probably mean bye bye to my daily cycling... so I have set myself a target of about 13 miles radius to Kings X, which would mean about an hour cycle, but even this is somwhat difficult with the budget I have.

Just got a call from an agent today actually, it was what looks to be a 2-bed ex council right bang in the middle of a giant roundabout in Croydon for £225,000...

I do miss cycling to work. But if you're looking for connections to Kings Cross, then have a look on the Thameslink line heading north.

We chose Borehamwood because it's still on the Oyster card, and travel is c£2-3k pa as opposed to the £5k+.

From my calculations Mill Hill would have been possible on a bike (and closer to London). But I just didn't like the areas in our budget / with our wish list. The nice bits are obviously nice.

I doubt prices will keep pace with London especially as there seems to be a fair bit of building. Hopefully they won't be totally uncorrelated though... not that we plan on selling, its just that it would be good to get the LTV in a good place when we come to remortgage.

With parents up in Peterborough and an interest in being near(er) to the North Norfolk coast we were looking to live on the southern section of the East Coast Mainline.

St. Neots ticked a lot of boxes, but taking the cost of two season tickets (£4,800 each w/o Tube, £6,076 with) out of our take-home pay didn't make the numbers work at all - we figured we'd rather put that into a mortgage for five years or so and then look to move up as life changes. Would be much easier if we both didn't work in Westminster, admittedly!

We ended up in Dartford. Having last been renting in Charlton it's not that much further out - it's currently Zone 8 but there's talks of it coming into Zone 6 in the foreseeable future which would be a helluva bonus.

It does annoy me that there's no fast train service, but if I catch them right I can be door-to-desk in about 1hr 10mins (which is mental for a 17mi. journey, admittedly) and I've got the cycle down to around 1hr 25mins at present which I'm hoping to improve as the months go on...