kirbz Posted November 28, 2006 Share Posted November 28, 2006 Mortgage :tongue: I'm about to take out a huuuuuuuuuuuge mortgage so it will make me feel better if i know other people have bigger loans than me :dance: Mines going to be £200k :smash: Quote Link to comment Share on other sites More sharing options...
scrawni Posted November 28, 2006 Share Posted November 28, 2006 Shit man I thought mine was big. Quote Link to comment Share on other sites More sharing options...
kirbz Posted November 28, 2006 Author Share Posted November 28, 2006 i should have said i am trying to keep my current house to rent out as well but if i cant then the mortage will be around £160k ish Quote Link to comment Share on other sites More sharing options...
AndyP Posted November 28, 2006 Share Posted November 28, 2006 I've been busy paying mine off. Having a huge mortgage isn't something to be proud of, you're just making a bank richer ! :( Quote Link to comment Share on other sites More sharing options...
clarkmagpie Posted November 28, 2006 Share Posted November 28, 2006 mine is HUGE but worth every penny as its in the best village in area and house was a bargain! Quote Link to comment Share on other sites More sharing options...
znut Posted November 28, 2006 Share Posted November 28, 2006 £160 here, but dont mind as the old place is worth double that :) Quote Link to comment Share on other sites More sharing options...
stellaZ Posted November 28, 2006 Share Posted November 28, 2006 ppppffffftttttt, my boss has mortgages of nearly £600 000, but as he makes over £100 000 a year it aint really a prob Quote Link to comment Share on other sites More sharing options...
b19rks Posted November 28, 2006 Share Posted November 28, 2006 And I thought £120k was bad! Quote Link to comment Share on other sites More sharing options...
Craig David Posted November 28, 2006 Share Posted November 28, 2006 The more you spend, the more you save. Probably! Quote Link to comment Share on other sites More sharing options...
RichardS Posted November 28, 2006 Share Posted November 28, 2006 ppppffffftttttt, my boss has mortgages of nearly £600 000, but as he makes over £100 000 a year it aint really a prob Still 6 times his income though :shock: I personally don't like the idea of a massive debt so mine is probably tiny by today's standards. It is nicely below twice my income and a fair bit under half the value of my house. I have an offset one and currently overpay some £200 per month in an effort to be rid of it in 10 years....... Richard ;) Quote I have something to say............ It's better to burn out than to fade away..... :tt2: Link to comment Share on other sites More sharing options...
kirbz Posted November 28, 2006 Author Share Posted November 28, 2006 I dont like the idea of getting a huge mortgage but we have been stupid and stayed in our current house for 8 years and didnt move when the market was booming so lost out and just upgraded our house which as its a pretty new house didnt really ad much value on!! so we have decided we want another newish house but with all the upgrades done :) This is the house we are looking to buy house £1200 a month mortage :shock: Quote Link to comment Share on other sites More sharing options...
Bob Posted November 28, 2006 Share Posted November 28, 2006 Thought you were losing your job Mike??? Quote Link to comment Share on other sites More sharing options...
kirbz Posted November 28, 2006 Author Share Posted November 28, 2006 Thought you were losing your job Mike??? no i was lucky as i look after 2 depots i ended up being safe :) Quote Link to comment Share on other sites More sharing options...
znut Posted November 28, 2006 Share Posted November 28, 2006 I dont like the idea of getting a huge mortgage but we have been stupid and stayed in our current house for 8 years and didnt move when the market was booming so lost out and just upgraded our house which as its a pretty new house didnt really ad much value on!! so we have decided we want another newish house but with all the upgrades done :) This is the house we are looking to buy house £1200 a month mortage :shock: thought your job was in jeopody mike,or because your not modding zeds anymore you,ve found it affordable now ;) Quote Link to comment Share on other sites More sharing options...
RichardS Posted November 28, 2006 Share Posted November 28, 2006 I dont like the idea of getting a huge mortgage but we have been stupid and stayed in our current house for 8 years and didnt move when the market was booming so lost out and just upgraded our house which as its a pretty new house didnt really ad much value on!! so we have decided we want another newish house but with all the upgrades done :) This is the house we are looking to buy house £1200 a month mortage :shock: Nice house there Mike! At £219k that's a bargain - I must move up north :shock: That would be around £4-450k in my village. Go for it - realistically that house should appreciate quicker than investing the money you are splashing out, so you will gain in the long term. Just watch out for further interest rate rises mate. Richard :) Quote I have something to say............ It's better to burn out than to fade away..... :tt2: Link to comment Share on other sites More sharing options...
BazzaJG Posted November 28, 2006 Share Posted November 28, 2006 Nice house Mike, looks like plenty of room for your all your Zeds lol. I spent a few yrs throwing as much as possible into my mortgage and got it down to 25k, but since have remortgaged and its now a lot higher. Barry Quote Link to comment Share on other sites More sharing options...
kirbz Posted November 28, 2006 Author Share Posted November 28, 2006 thought your job was in jeopody mike,or because your not modding zeds anymore you,ve found it affordable now ;) its time i took a little more time and effort with the family :) so bought the wife a nice new car, gonna buy a nice house and hey i may import a few zeds ;) Quote Link to comment Share on other sites More sharing options...
b19rks Posted November 28, 2006 Share Posted November 28, 2006 This is the house we are looking to buy house I like it too, Ive just put an offer in of £230k ;) :rofl: :rofl: Quote Link to comment Share on other sites More sharing options...
kirbz Posted November 28, 2006 Author Share Posted November 28, 2006 I like it too, Ive just put an offer in of £230k ;) :rofl: :rofl: LOL :p Have been doing some reading and research and the northwest is going to increase over 70% over the next 5 years as its still got alot of catching up to do so its a good time to buy Quote Link to comment Share on other sites More sharing options...
znut Posted November 28, 2006 Share Posted November 28, 2006 LOL :p Have been doing some reading and research and the northwest is going to increase over 70% over the next 5 years as its still got alot of catching up to do so its a good time to buy does that include my neck of the woods :dance: :dance: 70% Quote Link to comment Share on other sites More sharing options...
clarkmagpie Posted November 28, 2006 Share Posted November 28, 2006 hopefully mine too! that would be a nice little increase!! Quote Link to comment Share on other sites More sharing options...
Guest AndyMc Posted November 28, 2006 Share Posted November 28, 2006 That is a big one. :eek: I can see the light at the end of the tunnel when it comes to Mortages. :) I would not like to start again. Good luck to you. Quote Link to comment Share on other sites More sharing options...
TubZ Posted November 28, 2006 Share Posted November 28, 2006 Market will be fine as Pensions are in crisis. Everyone and his dog has investments in housing rather than shares these days. I'm 32 and just bought a buy to let as well as my big mtg on my home 2 years ago to fund my Z'ding in years to come!! A little stretching of the income now will pay off in years to come and i agree anything spare should go off the mortgage or be re-invested into the house! If i were buying that Mike I'd be selling the wifes new car, and get a builder in to quote for ripping the garage roof off and raising it to put in another couple of bedrooms or bedroom/s with en-suites or another big bedroom and larger bathroom! Looks like you might have a bit of space out the front for a double garage where that car is parked or is that shared access? You could convert the existing gargae and above then!!! Move again then to the original size of housein 1/2 years and pay a major chunk off the mortgage. beats grafting for a living!!! Quote Link to comment Share on other sites More sharing options...
rubble Posted November 28, 2006 Share Posted November 28, 2006 £150,000 mortgage on the 14th of december :shock: But at least i've got a double garage (20'x20') :tongue: Quote Link to comment Share on other sites More sharing options...
rubble Posted November 28, 2006 Share Posted November 28, 2006 More Zeds me thinks :nana2: :dance: Quote Link to comment Share on other sites More sharing options...
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