Thursday, October 25 2012, 8:02AM
“Am I one of the few who actually did things the old fashioned way, saved up my deposit by being prudent for a while? (I gave up going out every night and wasting money on stuff I don't need). I then put my deposit down, and bought my house, on a proper full repayment mortgage, and budgeted to see if I could afford it. If I couldn't I was prepared to wait until I could afford it. House prices are lower now, and lenders are not allowed to sell you products beyond your means.. (it's in your interest)..
I did feel stung by the Stamp Duty - being cash up front, If I could I'd have tied it in to the mortgage, (when I bought my house the bar was at 120k). I did a deal with the owner to add the cost of stamp duty plus 500 quid onto the price, then he pays it as a gift. So he ends up with 500 quid in his pocket, and I pay an extra 500 quid plus stamp duty over 25 years.
He declined, saying whatever I offered went in his pocket, I withdrew my offer, and 5 days later he dropped the price of the house below the threshold and I bought it.
That threshold is miles above what most first timers are facing now.
I let that house out now, as I can't afford to sell it, I bought from necessity, 2 years before the bubble burst. So I am not in negative equity but after fees and costs, I will not break even. If I sell I have to make it more attractive to a buyer
As a landlord, even with the current situation, I can't afford to hike the rent up beyond what is reasonable, because despite stories of a property shortage, when you let out your own bricks and mortar - which you have paid for and cared for (I only have one property to let), you want tenants who will look after it.
I could easily advertise it at the top of it's bracket and make it available for council use - and they'll pay for it. But I would have to have the meters changed, Restrictors on the Windows, they advise removing the decking an putting slabs down, dismantling the shed, but they do guarantee rent and maintain the property, with a disclaimer about minimum standards on termination. I.e. It may get trashed and patched up rather than repaired. And my no smoking inside rule was not acceptable to them and they said they couldn't enforce it.
I have my former neighbours to consider. So I would sooner get less per month from a private tenant and fix my own boiler, than grab the money from the council and have the uncertainty.
Despite what you think of me C10 - I do have my head screwed on, and I do care about people.
When interest rates do go up, all of those like me, out of the tied in period, letting with consent on a full repayment mortgage will feel the pinch. The house may go up in price, but someone has to want it at that price and be able to afford it. And it'll be up against loads of similar properties.
I will have a decision to make, Re-finance - with a either new terms - or on a new rate or switch to buy to let, all with their benefits, but all with their costs. or Sell the house - either leaving it on the market and hoping for the best price, or reducing it and cutting my losses.
The big landlords will offload a few or put their rents up.
If the government make it easier to buy houses great, but if they devalue them in any way, I will be caught out, and why? Because I got married to a home owner, nothing sinister..
Too many people think that every landlord is a baron, some of us like I said, let out of necessity. I haven't put my rent up for 7 years to stay competitive, and my tenant served notice then withdrew it after she tested the water and found herself to be onto a good thing. The house wants for nothing. Unfortuantely there are buy to letters out there who don't care.. affordable housing may be the answer, right to buy seemed like a great idea, but in reality, I don't relish my tax going to build houses which others can part own, so they don't have to rent from me or save to buy mine, when I had to work hard for my own home. Swings and roundabouts..”
Thursday, October 25 2012, 2:56PM
“The problem with a deposit is it around 10% or even as much as 20%. For example if you wanted to buy a property worth £100,000 you would need at least £10,000, if no £20,000 for the deposit to afford the mortgage repayments – Who has that cash about?”
Thursday, October 25 2012, 3:55PM
“A lot of people who have saved for a few years have. Even when property was peaking they still managed. So with property prices as low now as they are it should not be an issue if you willing to make a few sacrifices for a year or two. And even after buying my property I still squirreled away a few hundred each month and you are surprised how quickly this adds up. Now thinking of a nice little apartment abroad that I can buy.”
Thursday, October 25 2012, 4:26PM
“I can see your point Jagomeister. However, you are forgetting one key part to the whole issue of less jobs, poorer wages and lack of job security. The benefit system is kind, but they will not pay a mortgage, only a certain amount on a rental property. Unless you take mortgage protection, which is about a year's worth of payments, you will be struggling. The cost of fuel, food and more is raising, people cannot afford the basics, never mind luxury good?”
Thursday, October 25 2012, 9:21PM
“problem is, a lot of people are scared by the cost. they think nothing of shelling out 2k to go on holiday, 300 quid a month on a car loan, and 150 on an ever increasing credit card, but ask them to stump up less than rent on repaying a mortgage and the knees wobble. cant afford a fiver to park the financed car, but will be out all weekend, drinking and smoking? priorities need to change”
Thursday, October 25 2012, 11:30PM
“And for thoses who do not do that georgeisafish? So you are telling us that everyone who wants to rent or buy a home goes on 2k holiday (where on earth do you holiday)? I don't believe that at all. I am not saying you are wrong, but that isn't the case for all.”
Monday, October 29 2012, 3:48PM
SMI will help you pay a Mortgage if you find yourself unemployed. They will not pay the whole mortgage, but they will keep a roof over your head. You should have some form of insurance or payment protection as part of your Mortgage arrangement, and if you are in volatile employment then it's up to the provider to ensure this is covered before approving the loan. This is what they charge the arrangement fee for.
Jagomeister is 100 percent right. Some of us bought at the height of the market, and didn't go for cheaper, weaker products, but saved our money by being prudent so we could afford to buy a house and pay the large deposit. It's a fact of life..
No one is entitled to be able to afford luxuries, a mortgage is a huge commitment, if you can't afford it, or want to blow your money on luxuries then you need to consider whether you actually want a mortgage or not. You have to make sacrifices, and you have to be adult enough to do so. You can always try to improve your lot if you don't earn enough, but if you just quit and blame the system, you'll never achieve anything.”
Wednesday, October 31 2012, 12:38PM
“Times have changed. It's not simply a matter of prioritising and missing a few nights out in order to be able to afford a property. Many people work full time and only just cover a basic living standard, let alone have spare cash to save.The government has subsidised landlords to charge rediculous rents (by paying too much housing benefit), which keeps the market value high. The government has has also subsidised employers to pay low wages (by giving benefits to low paid full time workers, whose wage should cover their basic living expenses but doesn't).”
Wednesday, October 31 2012, 12:49PM
“MusicalK don't go there - sore point in my case,
My Tenant went onto housing benefit, got divorced got a settlement, didn't declare it, has spent it, had her housing benefit stopped because she failed to notify them she was working part time whilst studying, and she also didn't think it would be a good idea to tell the estate agent so they could tell me.
I have been unemployed since leaving the navy, luckily I have a small pension as pocket money, but between me and my wife, we are covering 2 mortgages whilst this woman isn't paying.
If I could have bought a house at todays rates I wouldn't be in this predicament, as I'd already saved a deposit. I know a lot of 30 plus people who live with their parents and effectively have very little outgoings, they live life to the full, but all of them could save a deposit if they really wanted to, and with financial pressure on home owners who want to sell, some of these people could get a good deal. I charge just below the market rate in rent - the reason? I can't afford to have it stood empty. I don't get any subsidy from the Government, the housing benefit covers the agreed rentable value, or a proportion of it, it's up to the tenant to make up the difference. I haven't put the rent up - the council can refuse to pay the agreed rental value, in the same way that I can refuse a tenant who can't afford to pay. I pay an agent to deal with it.
Interests rates were huge when I bought my house - and house prices were also huge - and I still had to save a deposit so I don't understand how it's harder now. The only thing harder is convincing a lender to give you the loan.
As far as low income benefits go, you'd have to talk to Mam35 she is all about on that side of things.”
Thursday, November 01 2012, 11:09AM
“it costs loads if you are by yourself but cheaper if you can share with people me an dmy bf want a flat but it is like loads :( x”
Thursday, November 01 2012, 11:14AM
“I know where MusicalK is coming from. In our household between the two parents we currently work 4 jobs (5 during January & February due to a regluar work from home opportunity). The holidays, nights out, cinema trips etc were given up a long time ago to keep the roof over our heads and food on the table. There is no extra cash to save and we have had to be very creative to help provide for Christmas this year by making sure we use the cashback sites for everything we can during the year and saving all clubcard points, the kids have already been told it wil be a low key Christmas. Thankfully we don't need to save for a deposit, if we did owning a house would be completely out of the question. We just have to find the mortgage payment every month and hope to god the bank of England doesn't start raising the interest rates.”
Thursday, November 01 2012, 3:33PM
“If you think it's loads now Rachel. You should have looked about six years ago.”
Thursday, November 01 2012, 4:19PM
“Rachel - My house will be available at 550 pcm - 3 Bed Semi,
Fully Double glazed Insulated, Countryside, on Bus Route, 30 Mins from City Centre on Bus
20 by Car. Landscaped Garden, not overlooked. Parking for 2 Cars.
Water on Meter. Gas Central Heating, Power Shower, Alarm. Private Parking space in Residents car park for visitors. In Conservation area.
It will be available from 1st Jan - Deposit and Refs will be handled by Agent.”
Friday, November 02 2012, 12:29PM
“where is it, address,area and stuff??? x”
Friday, November 02 2012, 3:34PM
“by Chappy1884Thursday, November 01 2012, 4:19PM."Rachel - My house will be available at 550 pcm - 3 Bed SemiChappy, where will you live then?”
Friday, November 02 2012, 8:04PM
“In his house would be my guess.”
Friday, November 02 2012, 8:50PM
“ Here's a clue as to where chappy might live:
"Because I got married to a home owner, nothing sinister.. "
You can find out all sorts just by reading what people post!”
Friday, November 02 2012, 9:23PM
“Lol - Look at what I have posted, which is a copy of what Chappy posted...It states "MY HOUSE (the home he lives in), is up for rent...Oh come on lol ;) have a good one”
Saturday, November 03 2012, 12:31AM
“Oh_Come_on is right,
My house is not the one I live in,
My house is the one I let out..
My Wife's house is the one WE live in..
Rachel Asfordby Valley - seems quite far from the City but links are really good,
only 5 mins by car from Melton, 25 from Nottingham also.
Can't give the exact address as it's not fair to current tenant and I have to abide by the rules even if the tenant doesn't seem to bother.”
Monday, November 05 2012, 4:11PM
“That explains it better Chappy now, thanks. Very cheap to rent in Leicester, have you seen London prices? However, the money is not really about in Leicester, so that might be why?”
Monday, November 05 2012, 11:21PM
“London. Pay a mint to live in a stinking overcrowded noisy dirty tip and get ripped off for everything else. I'll take my uninterrupted view across the vale of belvoir big garden any day. And I can get a train into London quicker than some Londoners can drive to work in rush hour. No congestion tax. Less pollution. Less sirens. London is overrated in my opinion and no where near as diverse as the midlands as a whole.”
Wednesday, November 07 2012, 4:24PM
“As you say Chappy it is your opinion - All cities have their good and bad parts. I am over looking The River Thames, so am quite happy. I agree some parts of London (as Leicester), and all cities have 'Pay a mint to live in a stinking overcrowded noisy dirty tip and get ripped off' and more.”
Wednesday, November 07 2012, 11:27PM
“fair enough City_C10 - I like fresh air and you like City living, can't appreciate one without the other. I don't mind some bits of London, it's a useful place within fairly easy reach. It's a shame that real Londoners don't have any sense of ownership, there are that many outsiders living and working there. But it takes allsorts. I've lived in Gibraltar, Plymouth, Portsmouth, Glasgow, Nottingham, Dunfermline, London, with my work, but my favourite by far was Edinburgh. But I am from Rutland, brought up in Melton, lived in Leicester in a flat over a pub for a while, and now live on the Edge of the Vale of Belvoir in Notts and I am quite happy having the Trent in Walking distance.. Views of Belvoir Castle and Flintham Hall next door but one. It has it's draw backs, but like anyway, it's what you make of it.”
Thursday, November 08 2012, 12:53PM
“Home is home Chappy, that is it really.”
Thursday, November 08 2012, 12:55PM
“But getting back to the topic, I feel the prices to wages in Leicester is very expensive, do you agree?”
Thursday, November 08 2012, 8:05PM
“oh ok then chappy x”
Thursday, November 08 2012, 11:30PM
“Much of a Muchness really C10 - you get what you pay for, but you have to be able to afford it. Problem with having good links to London is the commuters can afford to pay a bit more, so they push up the prices, in turn local folk get left behind. Houses are very expensive in one half of my Village - but then the former Lord Chancellor lives there and he has no money worries, the rest are Barristers, Footballers and horse racing folk. It actually makes it hard to sell as people can't afford to move here.Rachel - the tenant situation is under review - my agent thinks I should give her one last chance to toe the line - so will have to wait and see what happens on rental front, but will let you know if what happens if you were interested.”
Friday, November 09 2012, 1:08PM
“Okay...So for the locals who live in Leicester getting their first home, or to rent away? Can they afford to do it? I would shop about Rachel first!”
Friday, November 09 2012, 3:51PM
“i will city10 my bf wants to get his place so i can stay over or move in as well :) x and yup itis far too much money to rent or buy here :( x”
Friday, November 09 2012, 6:27PM
“Don't panic everyone. With all the DIY property developers in the market of buying houses under the hammer one government or the other will soon cotton on to the fact vast sums of added tax can be raised with anyone owning more than one home. The tax rate on those owning multi-properties will soon get thumped hard and heavy. Don't say I didn't tell you when the time comes.”
Friday, November 09 2012, 8:16PM
“Sounds like a good idea to me, armyoldsweet. Let's face it second homes are a luxury especially when we keep hearing we have a housing shortage. Let's tax all second homes which are not being let out to other people who haven't even got one home. And if its a renovation job then give them tax breaks if they rent it out through a housing association or if the selling price is below a threshold that means its affordable to more people.”
Saturday, November 10 2012, 12:57AM
“Yep Second homes are a luxury, what if you get married, your wife already has a home, her parents live nearby and are infirm, and because of the deflated market and tied in periods on mortgages, neither of you can afford to sell at the present time.Do you sell at a loss, pay indemnity to avoid the "Luxury Tax" of a second house?or do you rent it out to cover your costs whilst you tread water until you can afford to sell it?I have a question for you. (small figures to simplify)You earn 100 pounds, and your mate earns 100 pounds.The government taxes you 29 pounds of your 100 pounds.You then pay around 5 pounds national insuranceYou then contribute around 10 pounds into the pension schemeso you are left with 56 pounds and so is your mate.Your mate blows his entire wage on booze and nights out.You however buy a house over 25 years - to which you contribute another 10so you are now down to 46 pounds.25 years later and your mortgage is paid (along with all the interest and maintenance andcouncil tax and bills, and hard work you've put in).someone in your distant family dies bequeaths you another property.and spookily they also bequeath one to your mate of equal value.Now - your mate gets to live in his property.But you have to choose, you decide to keep it, and in turn get clobbered for the privelege.So ultimately you've have saved and worked for 25 years to be worse off than your mate who has squandered his money. And during your 25 years you've also put more in the pot.You tax people when they buy something not whilst they already own it. (Except for a car).If you take private landlords out of the system, the market will become saturated with properties and prices will crash for those who have saved and worked their whole lives,who may want to retire and move when the kids leave home and release some of the money they've put into their property.But those who don't have "luxuries" always want to sting those that do, in the assumption that everything comes easily, when in actual fact - it doesn't for the majority of people at all.”
Saturday, November 10 2012, 11:10AM
“Share a house, much cheaper”
Sunday, November 11 2012, 12:47AM
“cheaper until one of you decides they want rid of it, and the other has to either buy them out, sell up, or be forced to share with someone they haven't agreed to share with.”
Sunday, November 11 2012, 12:33PM
“That is if you are buying a house, what about renting? There are contracts, etc Chappy.”
Sunday, November 11 2012, 12:56PM
“If you are renting as cohabiting individual tenants, the house has to be registered as a Multiple Occupancy Dwelling. A lot of landlords avoid these like the plague because of live in Girlfriends boyfriends having keys and coming and going as they please - whilst not being declared on the electoral role. You end up with cases of 4 people living in a 2 bedroom house or similar.
And when disputes arise it is very difficult take possession. A lot of tenants sublet to a lodger, which is normal provided they declare the second occupant and it doesn't breach the terms of the letting agreement.
Thanks for telling me about contracts though C10.. I have been letting my other house out through an agent for nearly 6 years, so I am fairly swept up on the in's and out's of how it works.
The reason I focussed on the Joint owner side of the argument in my last post was because so many people are bleating about Landlords, and how the government should make things easier to buy.. You have stated you have two (or more) properties, one which you live in an one which you visit - I don't really need to know any more than that, but as one poster suggested, taxing your second property which you've probably worked hard for, to raise revenue and force people to offload property on the cheap rather than be tied down with a luxury tax, so that those who haven't yet worked long enough to save for a house can have a leg up, probably would affect you aswell.. how would you feel about being taxed on what you already own and have worked for?”
Tuesday, November 13 2012, 7:59PM
“Glad you are learning more Chappy, prices are very high here.”
Tuesday, November 13 2012, 11:07PM
“by Happy1900Tuesday, November 13 2012, 7:59PM"Glad you are learning more Chappy, prices are very high here."Compared to?”
Wednesday, November 14 2012, 1:27PM
“Good point Jagomeister and something I have had a look round on. According to http://tinyurl.com/49fuls9 the average rental across all types of property in November 2012 is as follows:Leicester £567 pmthNottingham £770 pmthBirmingham £565 pmthCoventry £566 pmthDerby £643 pmthSo in conculsion I would say prices in Leicester are pretty much on par for the midlands and Nottingham is more expensive. But as you say the question is too open to interpretation for a meaningful debate.”
Wednesday, November 14 2012, 9:04PM
“"Thanks for telling me about contracts though C10" - Not a problem Chappy, glad to help.”
Wednesday, November 14 2012, 10:35PM
“Oh_Come_On: i live in a 3 bed (three of us share) - it's £850! Averages don't always show the real picture. As I student, I'm overcharged.To buy a place on minimum wage is almost impossible. When I finish university I will have to either rent and overpriced place (which I can't do on my own, I will at least have to share) or live at my parents place until I can save enough for it. As a student and working part-time, I can just about afford a cheap, not very comfortable place next year during my masters. I dread to think what I'll be doing during my PhD.”
Wednesday, November 14 2012, 10:46PM
“Oh_come_on – Did you use a bit of common sense and ask yourself this question about different areas within a City? There are better areas, and poorer areas, which will affect/effect pricing. An average is very much a stereotype of any City…A house share is about the only option for students and young people now. Unless you start on a very high salary, etc (which many do not)!”
Wednesday, November 14 2012, 10:58PM
“Happy1900 glad I am learning what exactly..
I know what a Mortgage costs, having 2 of them, I know what it costs to rent various properties in various economical states, including shared occupancy. I know about subletting, and sharing a house from both sides of the fence and I also know the rules as a landlord.
Whilst I don't doubt there are others on here who know as much if not more than me,
there are some who plainly don't have a full appreciation of all sides of the story, but are prepared to have a pop just because something doesn't agree with their own feelings.”
Thursday, November 15 2012, 1:28PM
“I do not feel anyone is having a 'pop' Chappy. People have the right to their say, if we agree or disagree, is not the point. House/rental prices are going up that is a fact. Therefore, this is making it harder for people to afford repayments, or indeed to start on the property ladder and/or to rent. The government have tried the 'rent to buy' scheme to try and help, but this is still early days for this fairly new idea/scheme.”
Thursday, November 15 2012, 3:55PM
“City10 - "Oh_come_on – Did you use a bit of common sense and ask yourself this question about different areas within a City?
City10 - Property – Is it far too expensive to buy and/or rent in Leicester and other parts of the country now?
Why should I consider the different areas of the city when your original question asks about Leicester as a whole? As all cities have different areas, to compare you need to use averages. If you want a discussion on the varying rental costs across the city I would suggest you ask for that in your original post.”
Thursday, November 15 2012, 4:32PM
“You should consider them for the reason I have already said, different parts of Leicester (and other cities) have a different price range/ranges. Therefore, certain parts of any city are more affordable than others. This still does not mean people can afford to buy/rent in that area. And if they can this can/could mean a demand for houses in a so-called poor area (due to the cheaper price/s). Then, prices will rise in a poor area due to supply and demand. This in turn makes the whole market for buying and selling a lot higher. In turn, this means the better areas also play to the same tune, by upping the buying/rental price. This then makes the whole market more expensive and out pricing a lot of people.”
Friday, November 16 2012, 8:49AM
“Not sure why Nottingham is more expensive than Leicester though? Does anyone else know why, they are both around the same size in population (give or take), and both offer about the same regarding shops, housing, etc? Of course the information could be wrong, therefore I am unsure if it is correct and/or an actual true reflection?”
Friday, November 16 2012, 6:29PM
“Quite right city10 mateThe government need to support people who work and wish to buy or rent in this country by having cheaper rates. I see you have a big following here.”
Friday, November 16 2012, 6:34PM
“Going back to the original topic, why do we think the government needs to step in?Landlords set whatever price they feel they can get. You either rent at that price, or you dont.If enough dont, down comes the price.Not sure what it has to do with government, or are we just looking for a freebie?”
Friday, November 16 2012, 6:45PM
“brendon it's not about a freebie as you put it but about being fair and reasonable in price. I heard around five people or couples to one house. A ratio of 5:1 for somewhere to live, it is obviously prices will stay high with that demand. That is how I understand it and the point made by city10.”
Friday, November 16 2012, 6:59PM
“But people are not fair and reasonable. If I own a rental property (which I dont) I want to get as much money for it as possible. I dont want someone telling me what I can charge. I set a price and you either take it or you dont. Landlords have cost and are entitled to make a profit.
Property values are high, but there are not hundreds of long term listings for houses or rentals, so somebody is paying. Unless it is state housing, then property is a business, and normal business rules apply.
What happened to work hard, save money, get a mortgage and buy something. I know lots of folks will be all over that, but I have never been a fan of "the government has to step in and help".”
Saturday, November 17 2012, 1:16PM
“Brendon, you are right,
but consider this.
Houses cost a lot, and you invest a lot into them to get them to a lettable standard, you may have repayments and agency fees, and you don't want to be running at a loss, or not too much of a loss anyway. So you want to get as much as you can. It's not greed.
But - there are a lot of rental properties available, some larger some smaller, all with their own good an bad points, so you have to consider who you want as a tenant, if you aren't bothered and the house is not that flash, you can market it at a lower end price, but if you want young families and professionals - you pitch it at a higher price.
But you need a unique selling point to make people choose you.. either a wow factor, superb location, high spec, or cheap price.. you have to be competitive and in the current climate you have to compete with all the others.
I don't disagree that private houses and rental costs are high.. but there is a reason.
As stated, most people selling want to move somewhere else - so they need to recoup enough from their existing property to finance the move, taking into account costs and the money they've put into their existing property, and work they may want to do on the new one.
So they aren't going to give it away.
And as I've explained with rent, if you have a nice property in a nice area which cost you a lot and you want to rent it out, you want someone who is going to look after it, and generally those are the sort of people who have higher paid jobs, meaning the higher cost is not normally an issue to them.. for the same reason, if you have an area of high priced houses, then those surrounding you will be like minded and you'll feel safer. If you have the only private house in a rough estate you'll struggle to let it at a high price, meaning you'll attract tenants who will feel more comfortable in that area. Jonny accountant isn't going to rent a house in a rough area and worry that his new audi will get nicked, whilst paying high insurance premiums is he?
What I am saying is, house prices may seem high for those who can't afford them,
just like lamborghini's are out of my price range. It doesn't stop me wanting one though,
and I wouldn't expect the government to introduce an affordable lamborghini scheme to suit me. A house is the biggest thing most people ever buy.. it's something you WORK and SAVE for, and millions of people already have. Not everyone can afford to buy, not everyone can afford to rent a high spec home, but if people at the lower end of the income or benefits tree wanted to progress, there is always scope, if they want to stay as they are - then that is their choice.
But like I've always said, if those who are living in a house they don't own, and don't have to work to afford - just looked after it a bit more, and respected others.. the municipal budgets could be spent elsewhere or costs cut, which would enable people to aspire to something better.
I worked hard to avoid my house, I market it at a fair price - aimed at a certain type of tenant.
No one (even C10) can tell me I am wrong for doing this, because if I was wrong, it would be empty. That is a fact.”
Saturday, November 17 2012, 1:19PM
“(afford not avoid)”
Sunday, November 18 2012, 6:24PM
“Chappy read that back, and see of you understand it, we sure don't. The whole housing will need to be looked at and support to aid the future generations.”
Sunday, November 18 2012, 7:00PM
“David - who is the "WE" you speak on behalf of?”
Sunday, November 18 2012, 7:09PM
“Just for your benefit, just read it and it makes perfect sense to me.
Prices of Nice houses in Nice areas are higher, because landlords want a return on their investment and want to exclude those who might trash the place, and those selling will inevitably be moving somewhere else, usually up the ladder so they want a return on their investment.
Prices of lower quality property in less desirable areas will be cheaper.
In the current climate every house needs to be competitive otherwise it won't sell or it will remain empty.
Being able to afford to buy a house or rent one is not a right. It's something you have to work to afford. Some work harder than others, why shouldn't hard work have it's perks?”
Sunday, November 18 2012, 7:16PM
“Chappy - Your comment make sense to me.
I would rather the government used any funds available to help councils build more council houses than subsidise people buying houses. So in answer to one of the original questions posed, no I don't think its time the government helped with more schemes for the public.”
Monday, November 19 2012, 3:02AM
“Except of course when government builds council housing they rapidly turn into places that folks dont want to live in,”
Monday, November 19 2012, 8:48AM
“Dozens of houses to let down Jarrom Street since the Student barracks opened.”
Monday, November 19 2012, 11:14AM
“Brendon - there are a couple of sayings which are quite well founded,
one of them is Beggards can't be choosers,
the other one is that you make your own luck.
If those unfortunate enough to require social housing want to aspire to better, the only thing really stopping them is excuses. In the same way, council estates aren't undesirable because of anything the council has done to them, unfortunately it's the standards and behaviour of the residents that puts people off. My grandma lives in a council house, we all go round to help her out and consequently it looks really nice and it's a decent size, fortunately her neighbours are of similar mind, most of those houses are now sold off, but 2 minutes up the road there is an estate with better quality houses, which aren't that old, it's also a council estate, it looked lovely when it was built, the council thought it would bring the area up. 10 years later it's a bomb site, litter in the street, wheely bins just left out, despite having perfectly good bin sheds provided, clapped out cars and fridges in front gardens, kids toys left to rust all night outside, graffiti, dog muck.. You cannot blame the council for this. But in this day and age the social services say you can't blame the residents either.. So it must be rich homeowners who regularly go around these estates wrecking them and dumping rubbish there. Or maybe it's not. It obviously the governments fault. If they gave out a voucher to these people for half the price of a new house - that would be the answer (or so some believe).
I am a believer in helping those who are prepared to help themselves. Some people just assume they have the right to have everything I've worked for, without considering how hard I've worked to get it. But as I am constantly told on here, the failing is not with their expectations, but my attitude towards providing for them as well as myself.”
Wednesday, November 21 2012, 4:34PM
“Regarding rent, I have found if you are a full-time worker and not claiming Housing Benefits the landlord will compromise on the price of rent. It is best to try and get the rent per calendar month (pcm), down if you can! It is worth being cheeky, you never know if might save you a few quid!”
Wednesday, November 21 2012, 9:24PM
“I agree C10, it's definitely worth a try, it might not always get you a result, but if the house has stood empty for some time then you stand a good chance as long as you don't take the mickey.It all depends on how long it's stood empty, how much the landlord needs to have it let out, and how much the landlord has committed into the property.If the property is near a University for example and you tried to negotiate a cheaper deal on a 6 month contract in July, you'd probably get told no chance. But in December - if it has stood empty for 3 months with dark nights and the landlord paying to keep the heating ticking over, then yes.Problem is that although the contract may be 6 months, the landlord is committed to a fixed rental rate for 1 year, and can then only stipulate reasonable increases annually beyond that period - so they also have to weigh up, short term gain over long term profit.Landlords like me who only have one property, and let out of necessity are more likely to want the house occupied at any cost (within reason), but if you are dealing with an agent, they are not permitted to compromise the position of a landlord or a tenant.Also if you do negotiate a cheap rent, the landlord may stipulate a higher security deposit, or pass on maintenance costs if the property has communal access..something to be aware of.. but I'd never advise against it. The worst that could happen is you are told NO, and then it's up to you what you do.”
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