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'More areas' affordable for first-time buyers
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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast
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_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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| Sun Jan 03, 2010 12:44 pm |
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AlunD
Site Admin
Joined: Fri Apr 24, 2009 6:12 am
Posts: 7011
Location: Wiltshire
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 Where the hell are they expected to get that kind of money 
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| Sun Jan 03, 2010 1:14 pm |
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Coref
Occasionally has a life
Joined: Mon Apr 27, 2009 6:20 pm
Posts: 446
Location: ~/
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So, in almost 2/3 of the country houses are still unaffordable. I'd imagine that if you take into account the 30k deposit then that figure is rather much higher.
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I was nickholway on the old boards.
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| Sun Jan 03, 2010 1:16 pm |
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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast
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Yip, and that's before you get to people who suddenly find themselves out of work and/or trying to pay off debts  _________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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| Sun Jan 03, 2010 1:20 pm |
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JJW009
I haven't seen my friends in so long
Joined: Thu Apr 23, 2009 6:58 pm
Posts: 8767
Location: behind the sofa
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The same way I did. Living in a hovel for years, saving what you can. It took me over a decade to save enough for the deposit on my house, much of that time spent living in an uninsulated attic. Considering that I was earning less than half today's minimum wage and I still managed to save £20,000 it should be even easier for people today. Pah. Folks today, they've never had it so good! _________________jonbwfc's law: "In any forum thread someone will, no matter what the subject, mention Firefly." When you're feeling too silly for x404, youRwired.net
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| Sun Jan 03, 2010 1:21 pm |
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Linux_User
I haven't seen my friends in so long
Joined: Tue May 05, 2009 3:29 pm
Posts: 7173
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"More areas cheap enough for first-time buyers..." ...because they're [LIFTED] and no-one wants to live there. I love the Westcountry, lowest wages in the country coupled with some of the highest prices (for both houses and utilities). 
Last edited by Linux_User on Sun Jan 03, 2010 6:36 pm, edited 1 time in total.
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| Sun Jan 03, 2010 1:24 pm |
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big_D
What's a life?
Joined: Thu Apr 23, 2009 8:25 pm
Posts: 10691
Location: Bramsche
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I bought my first house, with my brother, for 55K, I sold it for 120K, I hate to think how much it would be today.
Just bought a nice house in Bramsche, under 150K€ for 3 beds, lounge, dining room, kitchen, 2 bathrooms, 2 guest toilets, party cellar and office on 800 square metres of land... Looks like I got a bargain - although the renovations will cost a few K on top of that...
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| Sun Jan 03, 2010 6:32 pm |
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Coref
Occasionally has a life
Joined: Mon Apr 27, 2009 6:20 pm
Posts: 446
Location: ~/
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Also in today's news, but buried a bit - First-time home buyers at record low. Going back to the original link, the Halifax would have an interest in getting people to want to take out mortgages and the pushing of +ve news is purely a coincidence. 
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I was nickholway on the old boards.
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| Sun Jan 03, 2010 6:39 pm |
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JJW009
I haven't seen my friends in so long
Joined: Thu Apr 23, 2009 6:58 pm
Posts: 8767
Location: behind the sofa
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That does sound like a bargain. I remember comparable property being very much more expensive over there back in the 80s and 90s, but I guess we've caught up! What's the area like; I'm guessing it's a fairly rural location? _________________jonbwfc's law: "In any forum thread someone will, no matter what the subject, mention Firefly." When you're feeling too silly for x404, youRwired.net
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| Sun Jan 03, 2010 6:40 pm |
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big_D
What's a life?
Joined: Thu Apr 23, 2009 8:25 pm
Posts: 10691
Location: Bramsche
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_________________
"Do you know what this is? Hmm? No, I can see you do not. You have that vacant look in your eyes, which says hold my head to your ear, you will hear the sea!" - Londo Molari
Executive Producer No Agenda Show 246
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| Sun Jan 03, 2010 6:47 pm |
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