Owning your own home

15%
but watch out for the first mortgage payment which depending on timing, could be a little more than expected, a little earlier or later than expected.
Or in my case, completely forgotten about.

Any cashbacks offered on the products? They're nice to have.

What mands said. It's got to be paid off at some point, and with a couple of £k left you should be fine for any minor hiccups along the way as well as paying less monthly so having the ability to start saving it back up again. Do take a look at the mortgage paperwork though in preparation for the first monthly payment (ours was about 55% more than the second onwards due to the way the dates fell!).

Assuming you have no dependents that is? One thing my Dad said when we were sorting out the paperwork on our place that stuck was 'without kids it doesn't really matter if you have to struggle with x, y or z for a month or so'.

Borrowing money is still pretty cheap, I'd shove it all in the deposit and you can borrow money for the other stuff and pay that off as well as the mortgage but quicker without it being too painful

Walls are all plastered :(

I don't find it to bad from the GFs in Wallington. Once your in Tooting with cycle highways the whole way that are fairly ok for cars being cunts

Everyone told me to pay the biggest deposit I could afford...

Thanks for the above - think we're gonna go with the 15% option! Def will check in on dates of payments by the sounds of it....

its the bit between there and tooting that bothered me the most when we were viewing .. quite a few decent freehold houses that can be had under £300k there though.

Everyone told me to pay the biggest deposit I could afford...

Nope. Put down the smallest deposit they'll let you and buy all the houses.

With the bank of Mummy and Daddy, I am gonna but those houses outright.

Nah, buy one, remortgage when the value goes up, use the balance to buy another, rinse and repeat like a giant house of cards.

Nah, buy a load of dodgy mortgages from a debt reseller, using money from Mom and Pop. Mix them up with some other slightly less dodgy ones to make some form of collateralised debt obligation. Convince a ratings agency that they are now silver gilt investment vehicles. Sell them for huge profit. Buy some houses.

^ this.

I'm sure I read a book about that...

Or

https://www.amazon.co.uk/Colossal-Failure-Common-Sense-Incredible/dp/0091936152

How to get rich, the Trump way:

1. Inherit $300M from father
   
   

Be rich

Another good one on the same topic:

https://www.amazon.co.uk/Whoops-Why-Everyone-Owes-One/dp/014104571X

That's my kinda work ethic, now if only my Father was a multi-millionnaire!

how to become a millionaire by donald trump

inherit a billion from your dad

the cable linked to is not suitable for:

fixed wiring inside containment
fixed wiring buried
non-double insulated (class2) appliances

it is suitable for:

low current final connections to appliances where some movement is expected (e.g. lamp pendants), that are double insulated (class2)

3 or 6 amp.

3 or 5 amp, no 6 amp ratings

Otherwise the cable could heat up and catch fire (this is very unlikely to ever happen!)

Fire service and insurers data says otherwise

Much better answers all round, I have my holiday head on!

Probably my definition of very unlikely would cover the number of fires caused this way, taking into account the number of hours these cables are carrying electricity vs the number of failures but yes it can be catastrophic. Also taking into account low energy lamps and modern rcd protection I would expect the occurrence would diminish. On the other hand it is a common cause of the fires that do occur due to electricity, so point taken.

5amp vs 6amp, I'm sure you have noticed I've confused the potential rating of a lighting circuit breaker with the acceptable rating for a plug. Rookie error. :)

So does that mean I cant wire it into a plug and use it for the light?

I've only just started looking for a home. Why is it that every new build is basically not a liveable home but more like a hotel room? Is that just the buy-to-let crowd disproportionately influencing developers? Or do people honestly want a home with a single combined living/dining/kitchen space and then the tiniest of bedrooms?

Good point! I hate that kind of homes for polished sheeps. I think it's just part of the big picture, and trend, in boxing people with a bar code.