Owning your own home

Yes.
You could lie to get your foot in the door.

But if you like somewhere and what to put an offer in you'll have to be out of the blocks prrtty sharpish and will already be a week or two behind.

Fake wade is a better idea. Or a briefcase handcuffed to your wrist.

This might not be a right thread, but can anyone recommend a resource / app / website etc, that can help with splitting monthly domestic bills in a shared property? I'm having a nightmare trying to figure it all out and keep track of everything. Thanks

To be fair when I sold and bought recently I wouldn't have entertained an offer without a AIP. You need to know the person can afford their offer and are in a position to move forwards. Why accept an offer without knowing it is within their budget or not. People may not get anywhere near the amount they think for any number of reasons!

a briefcase handcuffed to your wrist.

YES

@dimi3

First result that returned when I UTFG (Used the Fucking Google)...

https://www.splitwise.com/

You could lie, but most agents will want that proof as soon as you make an offer. If there are two offers on the table and one has an aip already they are not going to go with the person without one.

Actually, I saw it, but moved on from it, because of dog food, dinner, groceries etc bills are included, thought it wasn't what I need. Going to have another look. Thanks Rob.

i was with my totally unprepared mate when i was helping him look for properties. he was keen to make an offer and i was like 'mate you aren't in a position to offer, but lets see if we can pull a fast one and get the agent to put the offer in front of the vendor and see where we stand'. basically he lied and started going down a whole rabbit hole of lies 'i could go back to my flat in camden now and get the AIP but i have to be somewhere this afternoon blah blah' in the hope that the agent would put the offer forward. the agent told him to poke it (quite rightly).

on the other hand i managed to get an offer accepted without the agent seeing my AIP (i didn't have one as was doing a complex remortgage deal but told him enough to convince him i had the money). anyway i dragged the vendor along for about 3 weeks saying i was chasing my solicitors, doing this and doing that with no intention of buying it. it wasn't obviously nice but i had fallen out with the vendor previously (long story).

in a nutshell get your finances sorted first so you can move quick.

splitwise is brill

@dimi3 I agree, splitwise is great

Thanks @Katie-Coo @Cupcakes used it last night and it's a revelation, everything is so simple now.

Packing boxes - anyone south-ish got some they don't need?

Ta.

lidl has plenty

Our architect has recommended Howdens to us over Ikea, we're going to get carcasses from them then go custom with the rest, hopefully (budget dependent).

Literally just got off the phone from our mortgage provider giving us a decision in principle so it looks like project demolish the back of our flat and rebuild complete with sunken ofuro (Japanese bath) sticking out into our garden covered by a glass box and lots more glass is GO. Which is exciting and nerve wracking in equal amounts!

Congrats @laner that's great news.

@Fox it was great hearing about those plans last night, and good news that it seems a bit closer.

We've got Howdens, Benchmarx and B&Q coming round next week and should have a kitchen within a month or so.

Most of our external wall disappeared in the week, replaced by steel lintels, French doors and a nice space between future kitchen and dining room. Our replacement mattress arrived yesterday too so we now have a bed without the sofa prefix. It's slowly becoming more liveable.

First viewing today and we really liked it. Quiet cul-de-sac, lovely garden, friendly neighbours, separate garage and a shed for bikes! Got a decision in principle off a mortgage broker this aft and I'm speaking to the estate agent tomorrow. This has started happening very quickly.

Now I just need to estimate the price of rewiring throughout, fitting a new kitchen and completely redecorating.

Fuck.

Offer accepted at 10% below asking price. What a surreal morning.

Go and treat yourself to a Zinger Tower burger

You know when you own a house, and you want to move to another house? Do you have to save up for a deposit all over again? Mrs G seems to think you do, she gets ideas in her head and then they're gospel, but I don't believe that, otherwise no one would be able to afford to move anywhere

It depends. I assume your house has increased in value since you purchased it meaning you have equity.

When you sell your current house, the money left over between the remaining mortgage value and the market value can be used as a deposit for your next purchase. If that amount isn't enough, then you'll need to find extra cash...

No, everybody relies on the first person in the chain to come up with the deposit and it gets passed up the chain to become the next persons deposit.

Cheers, that's what I thought

She might be thinking of the 10% contract requirement. Basically you are supposed to lodge 10% of the purchase price with your solicitor on exchange. This is the money due to the seller if you fail to complete. Most sellers will accept the money owed to you by your buyer, plus your excess equity as surety without you needing 10% in real monies to be on deposit. If your seller is an arse you can use a bridging loan which your new mortgage provider will normally provide.

So no need to save your pennies, go buy another bike.

Save pennies for all the other shit you have to pay for though!

Too right!

PS4
Bigger telly
Gym membership