veilsideTT Posted February 2, 2007 Share Posted February 2, 2007 What do you guys pay a month for your mortgage alone? User IDs kept private guys. Scott Quote Link to comment Share on other sites More sharing options...
Havard Posted February 2, 2007 Share Posted February 2, 2007 £1000 - 1500 variable depending how much cash we've got!! Quote Link to comment Share on other sites More sharing options...
Ric Posted February 2, 2007 Share Posted February 2, 2007 i canny see a poll? Quote Link to comment Share on other sites More sharing options...
Lewis Posted February 2, 2007 Share Posted February 2, 2007 I think he meant to attach a poll Quote Link to comment Share on other sites More sharing options...
veilsideTT Posted February 2, 2007 Author Share Posted February 2, 2007 give me chance guys Quote Link to comment Share on other sites More sharing options...
ivan Posted February 2, 2007 Share Posted February 2, 2007 You forgot an option: All paid up. Quote Link to comment Share on other sites More sharing options...
Ewen Posted February 2, 2007 Share Posted February 2, 2007 10% of gross monthly income. Quote Link to comment Share on other sites More sharing options...
jamesmark Posted February 2, 2007 Share Posted February 2, 2007 All paid up, but when I move back home to Scotland will be taking out a mortgage to go for a larger house. Quote Link to comment Share on other sites More sharing options...
tbourner Posted February 2, 2007 Share Posted February 2, 2007 830 Quote Link to comment Share on other sites More sharing options...
Suprasteve Posted February 2, 2007 Share Posted February 2, 2007 i'm a mortgage adviser and i can say the majority of FTBs in the south east nowadays are paying way over £1,000 per month. Its not cos they have great wages, its cos they have no choice if they want to get on the property ladder here - its total madness. Also over 1 in 4 are opting for interest only too just to afford it. - theres going to be major problems in the future for these people if things carry on this way. don't get me wrong and this is a very selfish thing to say, but i'm loving these house prices rising ...now that i've been on the ladder for a good few years. However that last BBR increase has calmed things down for now at least. Quote Link to comment Share on other sites More sharing options...
Pot Posted February 2, 2007 Share Posted February 2, 2007 How about us rent boys not on a mortgage?... I'd love to be, but wanting to live in Cheltenham as a SFTB it isn't an option ... Quote Link to comment Share on other sites More sharing options...
Daston Posted February 2, 2007 Share Posted February 2, 2007 £375 each Quote Link to comment Share on other sites More sharing options...
Havard Posted February 2, 2007 Share Posted February 2, 2007 How about us rent boys You need to get out and sell your ass more!! Quote Link to comment Share on other sites More sharing options...
Homer Posted February 2, 2007 Share Posted February 2, 2007 £1050 I think.. still live in a sh*t house in a sh*t area! On the other hand, my house has gone up £50k in 3 years so its not all bad Need to move somewhere out of the Thames valley Quote Link to comment Share on other sites More sharing options...
Pot Posted February 2, 2007 Share Posted February 2, 2007 You need to get out and sell your ass more!! Predictable!... I knew I was going to get that!... As I said to my last customer... Quote Link to comment Share on other sites More sharing options...
lambertpig Posted February 3, 2007 Share Posted February 3, 2007 1057 but that includes buying an investment house for cash from equity release so will drop down to 300 when i cash the 2nd property in after refurbishment Quote Link to comment Share on other sites More sharing options...
Millsy Posted February 3, 2007 Share Posted February 3, 2007 £500 per month for first house. In Peterborough which ain't great but I couldn't afford to move back to Essex, or if I could I wouldn't have got anything with a garage. And now I have three of them! House prices are ridiculous though, I had some cash from a flat I sold a few years back for a decent deposit, but feel sorry for anyone younger than me without a foot on the ladder - they'll be renting for life or have to find girlfriends/wives to split mortgages. Quote Link to comment Share on other sites More sharing options...
how_supra Posted February 3, 2007 Share Posted February 3, 2007 Interest only for the first two years @ £348. Then it goes up to £575 [i think]. Mine is on a very very small studio flat though. [but it is still more cost effective than renting, as to rent the same size property would cost me at least £500] Quote Link to comment Share on other sites More sharing options...
supra matt Posted February 3, 2007 Share Posted February 3, 2007 tell me about it im 28 and still not on the ladder yet its just sill prices at the moment ! and there not dropping ! i live right down south where it so expencive . Quote Link to comment Share on other sites More sharing options...
Ian R Posted February 3, 2007 Share Posted February 3, 2007 At the end of the month nothing just sold mine Quote Link to comment Share on other sites More sharing options...
steb9780 Posted February 3, 2007 Share Posted February 3, 2007 I pay just over £600, but I remortgaged my house a few years back. I was very lucky when I bought my house the prices had just started to go up it was 5 years ago. Me and Vicky had to move out of her parents house's as we had our daughter Megan. It was lucky timing really with regards to the house front. As I paid £59,000 for the house when it was 2/3 years old (cost £42,000 originally). The last time I had the house valued it was worth around £135,000 and they said the shithole next door was losing us about £5k. So the house value has gone up £80k in 5 years. I would hate having to be looking to get on the market now. The bloke who valued our house last time told us people are now taking 50 year mortgages and having there parents as guarantor's. Quote Link to comment Share on other sites More sharing options...
DaveK Posted February 3, 2007 Share Posted February 3, 2007 I pay just over £600, but I remortgaged my house a few years back. I was very lucky when I bought my house the prices had just started to go up it was 5 years ago. Me and Vicky had to move out of her parents house's as we had our daughter Megan. It was lucky timing really with regards to the house front. As I paid £59,000 for the house when it was 2/3 years old (cost £42,000 originally). The last time I had the house valued it was worth around £135,000 and they said the shithole next door was losing us about £5k. So the house value has gone up £80k in 5 years. I would hate having to be looking to get on the market now. The bloke who valued our house last time told us people are now taking 50 year mortgages and having there parents as guarantor's. You've done very well indeed. I bought my other house 17 years ago for £51K and am selling it now - and accepted an offer of £134K. So your property has increased by roughly the same amount in 5 years as mine did in 17. Probably partly because there was a big dip in the 90s - at one point, my house was only worth £38K. Quote Link to comment Share on other sites More sharing options...
Pabs Posted February 3, 2007 Share Posted February 3, 2007 very interesting thread, as I am just about to hit the market, sell the current flat the missus owns and buy a house together. Currently i think the flat mortgage is about £400/month - but after all bills, petrol etc have been paid, i'm still managing to save nearly £400 a month - so I THINK we can safely double our mortgage costs and still survive. On the plus side we'd be moving closer to my work, so i wouldn't be paying £400/month in petrol, so could probably use that money for the extra bits for the house. From so much advise and comments from others, it seems like we're going to need to move soon, as they recon a largeish increase is still due to hit house prices in the South soon. Quote Link to comment Share on other sites More sharing options...
mattanna Posted February 3, 2007 Share Posted February 3, 2007 £945:blink: Quote Link to comment Share on other sites More sharing options...
RobSheffield Posted February 3, 2007 Share Posted February 3, 2007 I dont have an house I am saving for a deposit on a small flat/apartment/studio/bungalow/box in the near future, but what id really like is for a house price crash to occur Quote Link to comment Share on other sites More sharing options...
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