Owning your own home

I mean. I know they'd be your neighbour. But there's no need to knock that much value off.

Edinburgh prices are mental you'd be 1500 to 2 grand cheaper in Glasgow using a guy I know and thats not a deal.

Probably would have been worth getting someone to come across for that big a difference!

We never had a sign up.

It doesn't matter if £600k is "just a house" in London. It's still a fuck load of money.

Yeah I'm not persuaded by fox's argument either, and TBH a bit more with Howard on this.

Whether it's the case or not my assumption would be someone in their early 30s buying their 2nd place @£600k is likely than not to be able to access additional cash if they really want to.

To me his OP came across more as cunt with an apostrophe, rather than aggressive.

Agree it was a muddle sorry you had to pick through it.

I priced a 2 bed tenement full rewire and he priced it about £2500 ish.

It doesn't matter if £600k is "just a house" in London. It's still a fuck load of money.

The £600k is pretty ephemeral though. Functionally it's a £2,500/month (or whatever) house, and that's the number to judge the £30k against.

£2500 a month is a fuck load of money.

Very true. But is less, in one sense, than £30k, in cash, right now.

Well, that conversation escalated quickly.

We have come to an agreement, so we're still on.

Doesn't leave much spare for building up a spare £30k cash though. We're buying at around 20% below what we could have 'afforded' and I feel glad we didn't get carried away looking at the top end of our budget. That said the argument for stretching yourself always appeals.

FWIW - we're borrowing 75% of what we 'could' borrow.
And Howard was right in that if we 'needed' to find that money we theoretically could, but we didn't want to.

Our new mortgage and with household bills will be 35% of our joint income. So I dont think its fair to say we've stretched ourselves too thin. Rather the opposite we're trying to get what we want while being reasonably sensible.

Good to hear!

We did the same, despite me trying to convince the misses we should stretch ourselves because we could afford it and in the unlikely event one or us would loose our jobs its never going to be hard to find another, right?

Oh...

Well done, that all sounds very sensible.

FWIW - we're borrowing 75% of what we 'could' borrow.

And Howard was right in that if we 'needed' to find that money we theoretically could, but we didn't want to.

Isn’t that akin to saying that the down valuation had zero impact on you and you didn’t have to stump up any more equity, as the bank would have lent you 33% more anyway?

Seems a bit like bad faith to price chip on that basis.

Isn’t that akin to saying that the down valuation had zero impact on you and you didn’t have to stump up any more equity, as the bank would have lent you 33% more anyway?

Looks like that £30k could have been rustled up then?

no, it meant the bank wouldnt lend us any more than $valuation_price - 15% for that property.

either way, to make up the difference we would have had to find an extra 30k, in cash. the amount they would lend us is based on income, we didnt have the deposit for 15% of the total 'what they would theoretically lend' price.

Does anyone have a robot hoover?

Me and my wife just cannot he bothered to hoover all the time. So I’m considering a robot hoover for daily cleaner then a weekly hoover with the standard hoover.

We have an iRobot Roomba 600 series.
It's good at cleaning carpets and you can let it do its stuff in various rooms but if you can get a programmable one as they'd be much more useful IME.
You do have to clean it almost after every hoover and you have to clear some stuff out of its way.

We have a Dyson V6 as well which is on its last legs. We'll doubtless replace it with another one.

We had an iRobot when we lived in Asia. We had a very modern style apartment - marble/stone floors, no crap lying around - and it worked well. If you’ve got rugs with tassels or leave charging cables lying around they can often get stuck.

£700k for a 2 bed house in West Norwood

Jesus H. Christ, I'm genuinely interested to see what a house worth that much looks like, any links?

I had a Roomba when we lived in a flat. It's not used much now due to the stairs (and child leaving stuff everywhere).

It was really good! It doesn't hoover as well as you would - probably about 60% as good a job, but it does it every day which makes a difference quite quickly. It also encourages you to tidy up a bit, as stuff on the floor obstructs it. It used to really destroy any charging cables it found.

As @nankatsu says, I'd get one of the ones that you can program a schedule into.