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Oh and that my deposit could come from the bank of mummy and daddy...
Motherfucker I missed this. Oh man now my blood is boiling too.
Whose parents have a spare £20k + floating about the goddamned place? For fucks actual sake
ReekBlefs-
Whose parents have a spare £20k + floating about the goddamned place?
Quite a lot of people? I don't think it's that uncommon for people in their sixties and seventies, or older grandparents, to have quite a lot in savings. Or if they've paid off their mortgages they might remortgage to get the cash.
For people trying to buy it makes a massive and seemingly arbitrary difference, but I don't think it's a tiny elite whose parents help them buy. Thinking that there's also a difference within the group of older people who have savings, between those that consider their offsprings desire to buy a home to be a valid rainy day, or not. Some might, quite reasonably, want to hold onto it for illness and old age.
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There are plenty of people in their 50-70s that will have owned properties outright for decades in and around London that have ballooned in value and also had grand parents pass these down, lots of cash/capital sloshing around for some.
hoefla
spinnnout
Currently recovering from some proper earache from a 'friend' telling me that I need buy the flat I have been renting for the last 8 years... erm... failing that, plan B is to buy another place, turn part of it into a working studio, so I'd do my freelance in it, then rent out another part of the place to make a profit so it can pay for my mortgage and then income on top. Oh and that my deposit could come from the bank of mummy and daddy...
(Yes, dream on... I'd add a castle to the list while we are at it!)
This is from someone who knows nothing about my intention to buy and complain that £600pcm renting a room in fairly central areas London is way too expensive...
She is coming to live in London in a couple of weeks and she is going to teach me how to be a top earner renting out a home I have yet and will struggle to buy...
I wonder if she is talking about the same London as the one we live in.
Sometimes, people really need to learn to mind their own business...
There. Rant. Over.