Page 1 of 8 1234 ... LastLast
Results 1 to 16 of 119

Thread: Someone on this forum just bought his first house (me :D )

  1. #1
    Капраз dkmech's Avatar
    Join Date
    Jan 2004
    Location
    On an invisible submarine
    Posts
    3,077
    Thanks
    49
    Thanked
    17 times in 12 posts
    • dkmech's system
      • Motherboard:
      • Asus P5Q Deluxe
      • CPU:
      • Q6600 @3.16GHz
      • Memory:
      • 4gb ddr2 6400
      • Storage:
      • 2*640gb WD Raid 0
      • Graphics card(s):
      • Radeon 6970
      • PSU:
      • 620
      • Case:
      • Coolermaster 690
      • Operating System:
      • Vista 64
      • Monitor(s):
      • 27" Hanns G, 19" Hyundai L90D+
      • Internet:
      • 14Mb

    Someone on this forum just bought his first house (me :D )

    The deal finally completed. So I am now a proud part owner of a little semi! (parents own part of it too but it's all for me to live in). Got quite a lot of decorating work to do now. Should be fun (for a while ).
    Tough on mirrors, tough on the causes of mirrors.

  2. #2
    Flat cap, Whippets, Cave. Clunk's Avatar
    Join Date
    Jan 2006
    Posts
    11,056
    Thanks
    360
    Thanked
    725 times in 459 posts
    Quote Originally Posted by dkmech View Post
    So I am now a proud part owner of a little semi!


    Congrats on the house as well

  3. #3
    Don't feed the trolls... tiggerai's Avatar
    Join Date
    Aug 2003
    Location
    Milk & Beans
    Posts
    9,286
    Thanks
    271
    Thanked
    480 times in 313 posts
    • tiggerai's system
      • Motherboard:
      • Gigabyte MA770T-UD3P
      • CPU:
      • AMD PhenomII 955BE
      • Memory:
      • 4Gb Corsair XMS DDR3
      • Storage:
      • Lots
      • Graphics card(s):
      • Sapphire X1950XT
      • PSU:
      • Hiper Type-R 550w
      • Case:
      • Antec lovely black thing
      • Operating System:
      • Windows 7
      • Monitor(s):
      • 2x 20" widescreen
      • Internet:
      • Pipexpants
    Quote Originally Posted by dkmech View Post
    The deal finally completed. So I am now a proud part owner of a little semi! (parents own part of it too but it's all for me to live in). Got quite a lot of decorating work to do now. Should be fun (for a while ).
    Congrats, I've been in mine for the last 3 months and the decorating was the best bit! Enjoy the freedom, i certianly am!

  4. #4
    HEXUS.bouncer Jonny's Avatar
    Join Date
    Apr 2005
    Location
    Gainsville, Rock City Uni: Newcastle
    Posts
    1,489
    Thanks
    0
    Thanked
    0 times in 0 posts
    Nice one, fella!

    Signed for mine in November, and can't wait to move in!

    When do you take up residence?

    Let us know how you get on!

  5. #5
    Asking silly questions menthel's Avatar
    Join Date
    Apr 2004
    Location
    Rainey Park...
    Posts
    5,077
    Thanks
    257
    Thanked
    97 times in 78 posts
    Congrats! We got our flat nearly 3 years ago now and it is a great feelng, what worries me is the next one with buying and selling. Yuck, chain!
    Not around too often!

  6. #6
    Nefarious Networker Dareos's Avatar
    Join Date
    Dec 2006
    Location
    Larkhall, Scotland
    Posts
    3,389
    Thanks
    460
    Thanked
    402 times in 299 posts
    • Dareos's system
      • Motherboard:
      • Gigabyte Z77 - UD3H
      • CPU:
      • Intel i5 Ivy Bridge
      • Memory:
      • 16GB Corsair Vengeance
      • Storage:
      • Crucial M4 128GB, Seagate Barracuda 2TB
      • Graphics card(s):
      • Gigabyte Geforce 670 OC Windforce x 2
      • PSU:
      • Corsair 1050 Modular
      • Case:
      • Fractal R3
      • Operating System:
      • Win 7
      • Monitor(s):
      • 27" DGM and 40" Samsung TV
      • Internet:
      • 152 Mb Virgin
    Quote Originally Posted by tiggerai View Post
    Congrats, I've been in mine for the last 3 months and the decorating was the best bit! Enjoy the freedom, i certianly am!
    we are sooooo different people

  7. #7
    Капраз dkmech's Avatar
    Join Date
    Jan 2004
    Location
    On an invisible submarine
    Posts
    3,077
    Thanks
    49
    Thanked
    17 times in 12 posts
    • dkmech's system
      • Motherboard:
      • Asus P5Q Deluxe
      • CPU:
      • Q6600 @3.16GHz
      • Memory:
      • 4gb ddr2 6400
      • Storage:
      • 2*640gb WD Raid 0
      • Graphics card(s):
      • Radeon 6970
      • PSU:
      • 620
      • Case:
      • Coolermaster 690
      • Operating System:
      • Vista 64
      • Monitor(s):
      • 27" Hanns G, 19" Hyundai L90D+
      • Internet:
      • 14Mb
    It's likely to take at least two months. But there is no rush for me to move, so its all good.
    Tough on mirrors, tough on the causes of mirrors.

  8. #8
    Senior Member
    Join Date
    Aug 2006
    Posts
    1,182
    Thanks
    133
    Thanked
    46 times in 45 posts
    'Enjoy'

  9. #9
    MD
    MD is offline
    Ex-HEXUS.net Staff MD's Avatar
    Join Date
    Jan 2004
    Posts
    6,366
    Thanks
    18
    Thanked
    137 times in 60 posts
    • MD's system
      • Motherboard:
      • Asus P8Z77-M PRO
      • CPU:
      • i5 - i3570k
      • Memory:
      • 32GB Corsair Vengeance
      • Storage:
      • 2 x 256GB SSD's (Samsung and Crucial)
      • Graphics card(s):
      • NVidia 640
      • PSU:
      • Corsair 600W
      • Case:
      • Silverstone TJ08e MATX
      • Operating System:
      • Win 8
      • Monitor(s):
      • 24" Dell Flat Panel
      • Internet:
      • 60mb Virgin Media
    Been in mine two months, just do the decorating as quickly as possible, it gets really boring really quickly
    Please do not message me about Scan Free shipping, I no longer work for HEXUS.net

  10. #10
    Banned Smokey21's Avatar
    Join Date
    May 2005
    Location
    Stafford, Midlands
    Posts
    1,752
    Thanks
    0
    Thanked
    0 times in 0 posts
    Cool congratulations, you living on your own in it?

    I had a chat with me boss the other day, (giving him a lift home, whats the world coming to?) and he said i should give some thought to buying a small house, but still live at home. Rent it out, and the tennents pay the mortgage off, but surely that wouldn't be enough.

    Ive got a full time job, that pays alright, and ive got a fair bit saved up, im giving it serious thought, ill have to talk to me parents about it.

    Otherwise, in a few years were never gonna get on the property ladder with the insane house prices of today, and theey will only get worse. Unless i find a dead rich bird.

  11. #11
    Registered+
    Join Date
    Aug 2004
    Posts
    64
    Thanks
    1
    Thanked
    0 times in 0 posts
    I'm looking into buying. Going to take me another year to save enough for the deposit alone. About that time I plan to go contracting though, so that should help the cash flow

  12. #12
    Капраз dkmech's Avatar
    Join Date
    Jan 2004
    Location
    On an invisible submarine
    Posts
    3,077
    Thanks
    49
    Thanked
    17 times in 12 posts
    • dkmech's system
      • Motherboard:
      • Asus P5Q Deluxe
      • CPU:
      • Q6600 @3.16GHz
      • Memory:
      • 4gb ddr2 6400
      • Storage:
      • 2*640gb WD Raid 0
      • Graphics card(s):
      • Radeon 6970
      • PSU:
      • 620
      • Case:
      • Coolermaster 690
      • Operating System:
      • Vista 64
      • Monitor(s):
      • 27" Hanns G, 19" Hyundai L90D+
      • Internet:
      • 14Mb
    My dad is a very good builder, which will help on the decorating front. The kitchen is tiny - we plan to extend it later, that'll be another piece of work nearer summer. And yes, I'll be living alone in it to start with...

    Did the first half day of work there. Decided to knock down all the chimneys as they are blocked and bricked off and of no use. Too expensive to put right and take up valuable space.
    Tough on mirrors, tough on the causes of mirrors.

  13. #13
    Now with added sobriety Rave's Avatar
    Join Date
    Jul 2003
    Location
    SE London
    Posts
    9,948
    Thanks
    501
    Thanked
    399 times in 255 posts
    Quote Originally Posted by Smokey21 View Post
    I had a chat with me boss the other day, (giving him a lift home, whats the world coming to?) and he said i should give some thought to buying a small house, but still live at home. Rent it out, and the tennents pay the mortgage off,
    Erm- no they won't. They won't even pay the interest on your mortgage, let alone pay it off. Rental yields are at an all time low vs. property prices. AFAIK my rent doesn't even cover my landlord's mortgage interest- so he's subsidising us to live in his house. Which is nice of him.

    Otherwise, in a few years were never gonna get on the property ladder with the insane house prices of today, and theey will only get worse.
    Hahahahahahahahahahahahaha.

    Nope.

    Here's a good site about house prices:

    www.housepricecrash.co.uk

    ...and here's a fantastic book about financial bubbles:

    http://www.amazon.co.uk/Crashes-They...e=UTF8&s=books

    Could be the best four quid you ever spend. Happily, I got my copy for free.

    We are in the final throes of an enormous speculative bubble, fuelled by cheap credit and utter recklessness. I can't tell you exactly when house prices will crash, but they will at some point- IMO soon- and spectacularly.

    My best advice is pay off your debts and start saving- interest rates are currently on the up and up, so saving money is a far better ploy than borrowing it right now.

    Of course, I'm not a financial advisor, so if you don't believe me feel free to borrow vast sums of money from a bank and gamble it all on buying a house- after all, there's nothing other than common sense and 300 years of historical evidence to say that house prices won't keep rising forever, so why not.

  14. #14
    Senior Member manwithnoname's Avatar
    Join Date
    Dec 2005
    Posts
    1,050
    Thanks
    17
    Thanked
    26 times in 25 posts
    Quote Originally Posted by Rave View Post
    Erm- no they won't. They won't even pay the interest on your mortgage, let alone pay it off. Rental yields are at an all time low vs. property prices. AFAIK my rent doesn't even cover my landlord's mortgage interest- so he's subsidising us to live in his house. Which is nice of him.

    ...
    You can look at your landlord's house from another angle - you are subsidising his investment.
    The value of the investment can go down as well as up ... etc

    But as someone who does not own a house I have my fingers crossed for a house price correction. I'm sure it's people like your landlord are behind the reason why I cannot afford a house at the moment - that and the fact my boss won't double my wage.

  15. #15
    Now with added sobriety Rave's Avatar
    Join Date
    Jul 2003
    Location
    SE London
    Posts
    9,948
    Thanks
    501
    Thanked
    399 times in 255 posts
    Quote Originally Posted by manwithnoname View Post
    You can look at your landlord's house from another angle - you are subsidising his investment.
    The value of the investment can go down as well as up ... etc
    Well, if house prices continue to go up (which is what I'm assuming he's gambling on) then yes I'm defraying his costs on the money he's using to gear up massively.

    http://en.wikipedia.org/wiki/Gearing

    He's gambling bigtime though, and I'm not.

    But as someone who does not own a house I have my fingers crossed for a house price correction. I'm sure it's people like your landlord are behind the reason why I cannot afford a house at the moment - that and the fact my boss won't double my wage.
    BTL landlords have become a scourge, but they're a symptom of the problem, which is excessively cheap credit. Most of them will get their comeuppance.

  16. #16
    not posting kempez's Avatar
    Join Date
    Aug 2005
    Location
    Basingstoke
    Posts
    3,204
    Thanks
    0
    Thanked
    0 times in 0 posts
    If the bubble bursts soon

    Anyway not getting into that

    Grats on the house mate, I just bought my first flat a few months back and loving every minute of owning my own property instead of throwing it down the drain on rent

    Enjoy it
    Check my project <<| Black3D |>>
    Quote Originally Posted by hexah
    Games are developed by teams of talented people and sometimes electronic arts

Page 1 of 8 1234 ... LastLast

Thread Information

Users Browsing this Thread

There are currently 3 users browsing this thread. (0 members and 3 guests)

Similar Threads

  1. Replies: 7
    Last Post: 05-05-2005, 12:53 PM
  2. Forum Software with post preview.
    By Kumagoro in forum Software
    Replies: 2
    Last Post: 21-03-2005, 04:25 PM
  3. Replies: 47
    Last Post: 05-01-2005, 06:22 PM
  4. New Forum Recomendations!
    By Tesla in forum General Discussion
    Replies: 22
    Last Post: 23-07-2003, 09:37 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •