Owning your own home

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  • sub-let it as a garage of multiple occupancy for £300/tenant per quarter

    Also this :')

  • cheers!

    and you're not wrong.

    i've added a potplant to the corner. and when i say "i" i mean "k".

  • Were you not thinking/talking of moving to Edinburgh a week ago?

  • Yes. If I do so then two garages worth of storage here in London would be very useful.

  • Saw local prices. Downgraded expectations. (Joke)

  • Time to re-mortgage and need a conveyancing solicitor to change lender. Need paperwork done before the 24th, any recommendations in South East London?

  • I think you are suggesting that I buy the two garages but also keep renting my existing garage

    Then you can go to the management company and say

    "I AM THE GARAGE KING! KNEEL BEFORE ME!!! NOW...RUN POWER TO MY DOMAIN!!!!!"

    Gotta get the evil laugh though

  • @Señor_Bear do you have the link to the stuff you used for your bookshelves and the timber?

  • Progress. The poltergeist is proper stuck now.


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  • 18mm Plywood and these and these. Note that they come in diff sizes/colours

  • Grazie. Sorry to ask, but ms_com needs convincing, would you mind sharing a photo of them empty and loaded up? Can't seem to find the old one. No worries if that's a ball ache.

  • either the rental income or sale cost are needed for the care home

    Very late to throw in my 2p, but I would definitely go for A) or B) assuming rental income covers nursing cost.

    My reasons are;

    1. I think house prices in that area will continue to increase, so why cash in now?
    2. You have an asset which you can sell or borrow against the house later if nursing fees rise beyond yield.
    3. Renovation costs can be deducted if you rent, so if you eventually sell those works cost you less.
    4. Although being a LL is a hassle, this can be lessened with a letting agent and a decent insurer. Also all of the tax changes which make private BTL less viable for normal people won't apply to your nan as she won't have much income or have mortgage interest.

    If you sell I would get a deep clean, clear the clutter and not touch a thing from a works POV. Unless you are in the trade you will 100% loose money...and that's before you price in the headaches.

    Others have already mentioned the wills thing. But definitely get some advice from a solicitor to make sure everything is done correctly and in the most efficient way.

  • Combi boiler has recently packed in (water part)

    Apparently finding an oil heating engineer in my part of the world is impossible. We've been ghosted by the only decent one.

  • Slowly addressing the many “quirks” of our new house.
    It has a sump pump in the cellar.
    Does anyone know how I can test whether it’s working without flooding the cellar?
    There is an electrical cable attached to something somewhere and a drain tube which has split outside the property (it originally drained into the sewer/waste)
    Should it work automatically or does it need switching on first?
    (I’ve yet to find where the electrical cable connects to).
    There is no obvious switch on the pump itself


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  • Not sure how helpful but back in my pub days the sensors seemed to last about 5 mins before not working, so always have turned it on at the wall. The rates in which they pump water was hardly impressive so suspect you could get away with just using a bucket. The detritus and muck that a pub cellar creates would quite often block the pump if left to solidify/pump not used for while, if its on and nothing is coming out turn it off before motor burns out!

  • Thanks - if the sellers were telling the truth then they only used once and that was 10 years ago...

  • Is there an SE roofer that anyone can recommend?

  • My secondary school was architecturally almost identical to that (but with less fancy bogs). Geographically not too far either, but built a few years earlier. Uncanny.

  • Yeah that’s a bargain. Can’t be london right? I remember looking at garages for 40-70k.

  • my gardeners/landscapers

    Where abouts are you based?

    We're also looking into this. OH has found someone who'll come and talk to us then quote for £100. Idk if that's gvfm. They didn't want to be forced to indicate a price, but it sounded like a couple of £k rather than lots of £ks.

    We've tried to design ours a couple of times, but while I'm confident with some of this stuff there are a lot of quite specific functions we want; eg drive - not just practically but visually obvious to stop people blocking it, motorbike parking - need to be able to wheel my bike around, access drain, on a slope, shit clay, etc, etc...

    Moving beds, ripping up the a crazy paving and putting in gravel and nice plants is easy to imagine. Making the practically work well isn't (for us at least).

  • people's republic of glasgow #smilesbetter

  • Sounds like a nice school!

  • Ive got someone but they are booked till Sept or October. If thats of interested send me a message and I can give you there number.

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Owning your own home

Posted by Avatar for Hobo @Hobo

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