see lee thats what you think cause you bought a house with a 5 % deposit a few years ago prob with a endowment and now its worth 50% or more ontop of what you paied

would you get a 100% morgage and a loan to cover the last 10% to buy a palce that sooo many are allowed to do these days,,,,,,,,, imagine the interest rate your now paying based on what its gonna go up by ???

price of houses in london are stablising,,,,,that means they will do the same all over and then theres no gain apart from owning your own place


tbh i WOULD rent if i could pay less than what i pay now PURELY on the basis that i have no stress or worrys and then if i split with the missus i wouldnt have to live in rented accomdation STILL paying a morgage and have half the cash at the end


theres LOADS of things to consider people


too many just love saying what there place is worth to make em feel like they have achived stuff and when they sell they made loads of proffit

but then they all get a new place AND ANOTHER LOAN for the extra cash


you aint made shite people please remember that


how many people here can sell there place for a profit they can ACTUALLY SPEND ????

if you cant spend it then its pointless,,,,,,,,, why have 200 million in the bank if you have to shop at netto for beans

would be better off loaning 100k and putting it into investments imo for a quicker return when still renting

but dont talk to me about money as i got a low paied job and a misus whos in college and a 2 year old child and i STILL manage to own 5 cars and the only loan ive got is from when my central heating broke down

we only bought our place cause it was the only chance of getting a palce to live we could afford,,,,,,, thats all or we would GENUINLY be renting a flat