My Offer on my new apartment just fell through...

[camo]

The mortgage company just changed their grounds because of all of the credit crunching going on her in the U.K.

I have to find £8,500 (min) as a deposit and there is no way that I can get that money without getting a loan. I don't want to get in debt to be getting into further debt. Man I'm pissed.

As if I need this right now
:(

[na§tee]

i'm sorry camo : ( that's nuts.

my landlords are probably adding to this housing woe. apparently it's the buy-to-let people who are really in the shitter and making things go all wonky. they got our flat valued recently, i saw the documentation, they want to advertise it for £189,000 with a view for selling around £250,000 :eek: whaaat. that's more than 33% above the initial price. fuck that. GOOD LUCK!

deposits are the hard part. i would definitely not get a loan. i would only think about buying a flat if i earned, god, 5 more grand than i do now but anyway, if that happened i would have to rely on family loaning me a sum, and saving for the rest of the deposit. i think my grandparents are so keen to see us on the property ladder than they would do that for me. so i guess i am lucky. but pft, not going to happen any time soon /throws payslip into bin.

don't worry, another chance for a better place will come your way.

[gbsuey]

The mortgage company just changed their grounds because of all of the credit crunching going on her in the U.K.

I have to find £8,500 (min) as a deposit and there is no way that I can get that money without getting a loan. I don't want to get in debt to be getting into further debt. Man I'm pissed.

As if I need this right now
:(

find a good mortgage advisor-surely they can find you a deal with the deposit all-in. i know things are a lot tighter but there are still decent deals out there. don't do debt if you can help it-when we bought our house 18 months ago i had to put all the solicitors fee on my c.card-still shifting it around now whilst i get it paid off!

[camo]

thanks guys but I don't have any family to help and I was with a mortgage advisor already so it looks like I'm going to be renting again. Maybe it's a sign that I should move back to Manchester and be with my mates again?

[mikizee]

That sucks man

[Yorkshire~Rose]

Sorry to hear that camo. That's poo. :(

[abcdefz]

Hopefully it'll all work out for the best.

Maybe that place had bad plumbing and bugs.

[jabumbo]

what about getting a secondary mortgage? one of those ones where you are paying that back for 3-5 years instead of 30 with the rest of the house?


for me, all of my overtime pay and that tax refund are going right to the house fund

[na§tee]

didn't that place have a spooky address, camo? it was haunted. for realz.

[AceFace]

this is a sign! run with it! (y)

[camo]

didn't that place have a spooky address, camo? it was haunted. for realz.

that was a place I was going to rent prior to moving into this place. The old hospital, flat 6, 66 victoria road.




Thanks guys. Maybe I should sell my stuff and do a bbmb tout of the world?

Sign up here now to give me a home for a week or two (y)

[mikizee]

you can sleep in my backyard if you like

[camo]

is it ensuite?

[The Notorious LOL]

please post all things relating to money in the US Dollar amount in the future as that damn weird looking L european money shit means nothing to 95% of the board.

[paul jones]

I have no fucking clue what a mortgage is

[camo]

please post all things relating to money in the US Dollar amount in the future as that damn weird looking L european money shit means nothing to 95% of the board.

£8,500 is £675,0000 dollars

[Bob]

I have no fucking clue what a mortgage is

me either, and i even took a bankruptcy class

[trailerprincess]

That sucks dude :( Deposits are a hassle to get together sometimes. I thank my lucky stars mine is going through (still, touch wood) and I should be moved in next month. If you need a place to crash and don't mind the london - ooop north daily commute you have a spare room!!

[gbsuey]

hey camo-i heard someone on the radio yesterday talking 'bout the credit crrrunch and he did say if you looking to buy and don't have at least 10% deposit-forget it-so i guess renting is the way to go!! save your money for good times!! i got a big garden-you could pitch a tent to save some cash-very dull town unfortunately tho!!
seems to be a v british thing,our obsession with owning property-apparently a big percentage of people on continent rent (or maybe that was incontinent) whatever-don't stress

[trailerprincess]

I blame Thatcher and my parents for instilling the 'MUST OWN PROPERTY' idea in my head

[camo]

I've just signed a lease for a new apartment in a refurbished mill. It has a free gym, tennis courts and beauty parlour. It's like living in Butlins!

[abcdefz]

All for the best! (y)

[AceFace]

how exciting! congrats!

[gbsuey]

I've just signed a lease for a new apartment in a refurbished mill. It has a free gym, tennis courts and beauty parlour. It's like living in Butlins!
yay!! nice one-so you're quite sure about not wanting the tent then?

[camo]

thanks guys :)