12-07-12, 02:44 PM
Evening folks
Due to the rage i feel at being forced to pay extortionate amounts to letting peeps (and don't get me started on their demanding illegal fees, I'm a lawman y'know) combined with bills i am being convinced from all quarters that a mortgage is the way to go as it will work out cheaper every month.
"Piffle" I say. "Surely thou hast no idea how dastardly cheap it is to live right in the very middle of the city of the township of the weege, beating cardiovessel of the shire."
Well it's got me stinking about it so i went on to a few property sites to get a rough idea of pricing dep on size, condition, location etc.
Well bugger me, aren't there just some mighty fine properties oot there ripe for the taking given the honking state of affairs with the supposed economy?
Cumbernauld - 3 Bedroom flat with Garage (One requires a workshop in his castle) good size, walk in condition D/G, GCC, the lot.
55 grand or somewhereabouts.
Cumbernauld isn't ideal for work etc but it was a crackin place in a quiet area (from the looks of it, behind cumbernauld theatre - Davie, Neilly.......looks ok up there eh?
Or alternatively Hillington. Similar deal. Or Milton of Campsie (Again, transport to work an issue should bikes be out of action for any reason) both great inside and relatively quiet areas, with garages and ready to walk in, no work. All for under 60 g's.
Now, i pay 400 all in for my flat (except food and booze obviously, in a small 2 bed w/ liv room, tiny kitchen, tiny bedrooms) which i share with a friend and to be honest, i've always preferred living alone with space, much as i like where i am for what it is. Also having somewhere that ISN'T on the main path for the fire station up the road responding to UFAS and false calls in the city (the fucking irony, also, my brother is a watch gaffer there so i think he toots knowing it'll wind me up).
Well, enough catharsis, what's the script with the mortgages?
First time buyer
No deposit as yet (But likely will have, %age uncertain at the minute)
Salary circa £20k in fairly secure position as well as reasonably stable and oft in-demand sector of industry
Want to go no higher than 70 grand all in, hoping this will cover all fees and back up/maintenance/furniture/appliances for moving in.
I also don't want to be paying anymore than over 20 years cos i want to be in India getting high and laying in the sun by that time but i accept this will be unlikely.
I've just extended my lease by 6 months and if required will stay as long as required so this is a long term plan and if i can get a 20% deposit sorted by the time i move out i'll be laughing, but the reality is, i have no idea what happens with them and how they work. Had a peek at the fairinvesment.co.uk website and its given a basic guide as to what teh script is but how does it work in practice?
I know they are all cowboys and thieves but sometimes you just need to get into bed with the manky old whore and i'll be investigating much deeper into it to see how the process goes.
Any sage advice foccers?
MTIA
Due to the rage i feel at being forced to pay extortionate amounts to letting peeps (and don't get me started on their demanding illegal fees, I'm a lawman y'know) combined with bills i am being convinced from all quarters that a mortgage is the way to go as it will work out cheaper every month.
"Piffle" I say. "Surely thou hast no idea how dastardly cheap it is to live right in the very middle of the city of the township of the weege, beating cardiovessel of the shire."
Well it's got me stinking about it so i went on to a few property sites to get a rough idea of pricing dep on size, condition, location etc.
Well bugger me, aren't there just some mighty fine properties oot there ripe for the taking given the honking state of affairs with the supposed economy?
Cumbernauld - 3 Bedroom flat with Garage (One requires a workshop in his castle) good size, walk in condition D/G, GCC, the lot.
55 grand or somewhereabouts.
Cumbernauld isn't ideal for work etc but it was a crackin place in a quiet area (from the looks of it, behind cumbernauld theatre - Davie, Neilly.......looks ok up there eh?
Or alternatively Hillington. Similar deal. Or Milton of Campsie (Again, transport to work an issue should bikes be out of action for any reason) both great inside and relatively quiet areas, with garages and ready to walk in, no work. All for under 60 g's.
Now, i pay 400 all in for my flat (except food and booze obviously, in a small 2 bed w/ liv room, tiny kitchen, tiny bedrooms) which i share with a friend and to be honest, i've always preferred living alone with space, much as i like where i am for what it is. Also having somewhere that ISN'T on the main path for the fire station up the road responding to UFAS and false calls in the city (the fucking irony, also, my brother is a watch gaffer there so i think he toots knowing it'll wind me up).
Well, enough catharsis, what's the script with the mortgages?
First time buyer
No deposit as yet (But likely will have, %age uncertain at the minute)
Salary circa £20k in fairly secure position as well as reasonably stable and oft in-demand sector of industry
Want to go no higher than 70 grand all in, hoping this will cover all fees and back up/maintenance/furniture/appliances for moving in.
I also don't want to be paying anymore than over 20 years cos i want to be in India getting high and laying in the sun by that time but i accept this will be unlikely.
I've just extended my lease by 6 months and if required will stay as long as required so this is a long term plan and if i can get a 20% deposit sorted by the time i move out i'll be laughing, but the reality is, i have no idea what happens with them and how they work. Had a peek at the fairinvesment.co.uk website and its given a basic guide as to what teh script is but how does it work in practice?
I know they are all cowboys and thieves but sometimes you just need to get into bed with the manky old whore and i'll be investigating much deeper into it to see how the process goes.
Any sage advice foccers?
MTIA
Smell ones mother. Yaas!
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