First time buyer - house viewing

[See ham biscuit2]

How much are you offering under the asking?

A few thousand over 25/30/35 years isn’t much in the grand scheme of things to get the house you want.

nothing....

 

[Pop]

nothing....

You’ve bid asking and they haven’t accepted?

 

[See ham biscuit2]

You’ve bid asking and they haven’t accepted?

sort of, its on for offers over a certain amount, we have offered over that amount but they have more viewings booked in so i completely understand their position

 

[AndrewP]

How much are you offering under the asking?

A few thousand over 25/30/35 years isn’t much in the grand scheme of things to get the house you want.

A lass at work recently took out a 40 year mortgage. Pretty much the new interest only like.

 

[Pop]

A lass at work recently took out a 40 year mortgage. Pretty much the new interest only like.

I took out a 35 year one when we bought for the first time last year.

If you’re mid twenties it only takes you up to 60. State pension age will be 70+!

 

[AndrewP]

I took out a 35 year one when we bought for the first time last year.

If you’re mid twenties it only takes you up to 60. State pension age will be 70+!

Canny depressing thought like, but aye, I get your point. I took out a 30 year one when I was 30.

 

[HABA87]

Canny depressing thought like, but aye, I get your point. I took out a 30 year one when I was 30.

We bumped ours out til we're late 50's but with the option of overpaying. Suits us, although I'd rather be without a mortgage!

 

[AndrewP]

We bumped ours out til we're late 50's but with the option of overpaying. Suits us, although I'd rather be without a mortgage!

Aye, same here. Hopefully won't be long.

 

[Spennymackem1981]

Im viewing a house tomorrow, and probably a number of others in the coming weeks. What sort of things do I need to be asking the owners/what should I look out for?

Obviously things like; has anyone been murdered here? Is it haunted? Do the neighbours buck really loudly every night? (It’s a terraced house) Etc’ etc’.

where you looking to move to,

 

[The Fullwell Step]

A lass at work recently took out a 40 year mortgage. Pretty much the new interest only like.

what a depressing thought. I paid mine off last year. Lovely feeling.

 

[Boris Bear]

sort of, its on for offers over a certain amount, we have offered over that amount but they have more viewings booked in so i completely understand their position

Take your offer of the table. They'll just use it to talk up the other viewings

 

[AndrewP]

what a depressing thought. I paid mine off last year. Lovely feeling.

She'll be a canny bit younger than you, oh and she's looking to move already.

 

[Pop]

Canny depressing thought like, but aye, I get your point. I took out a 30 year one when I was 30.

We overpay a fair bit every month which will reduce the term, I’d pay more but I get overruled.

 

[AndrewP]

We overpay a fair bit every month which will reduce the term, I’d pay more but I get overruled.

Aye, me too.

 

[The Fullwell Step]

She'll be a canny bit younger than you, oh and she's looking to move already.

aye I took mine out at 22, just chipped away at it. She daft moving so quickly, all the money down the drain on solicitors, surveys etc. Madness.

 

[AndrewP]

aye I took mine out at 22, just chipped away at it. She daft moving so quickly, all the money down the drain on solicitors, surveys etc. Madness.

I know, I think she's in dreamland to be honest. Wants a new build etc.

 

[Boris Bear]

I know, I think she's in dreamland to be honest. Wants a new build etc.

Thowt you were moving to The Riviera?

@Wilfy chuck his application in the bin (keep the cash though)

 

[MonkeyLove]

Canny depressing thought like, but aye, I get your point. I took out a 30 year one when I was 30.

Doesn't really mean much. Most people's earnings and situations change as they get older.

Doesn't really mean much to have a long and high mortgage when young as long as you can afford the repayments

 

[AndrewP]

Thowt you were moving to The Riviera?

@Wilfy chuck his application in the bin (keep the cash though)

Undecided mate.

It'll depend on when she (no) finally finishes being a student. I was talking about a lass from work not me btw.

Doesn't really mean much. Most people's earnings and situations change as they get older.

Doesn't really mean much to have a long and high mortgage when young as long as you can afford the repayments

I know mate, my 30 year mortgage I took out 10 years ago should be paid off soon enough - it was a meaningless term which only served to give me more flexibility if the shit hit the fan.

 

[MonkeyLove]

Undecided mate.

It'll depend on when she (no) finally finishes being a student.

Exactly. Ours will be cleared if/when things change. The term is pretty irrelevant

I know mate, my 30 year mortgage I took out 10 years ago should be paid off soon enough - it was a meaningless term which only served to give me more flexibility if the shit hit the fan.