offshore
Midfield
My nana lived and rented her council house from the day it was built in the late 40s till she died in 90s and she said it's just like owning you own home without the fighting over the Sale money when you die hahaha
House Advice
- Thread starter Heffer
- Start date
AndrewP
Striker
That's ideal. I would not mind renting in those circumstances
It’s not all about that, that’s such a negative, blinkered way of looking at it.
Nope, I haven’t cause I’ve got a mortgage that I can’t stand...anyway, it all depends on your mindset, not everything revolves around a mortgage or owning a home
Last edited:
Captain Slackbladder
Winger
It’s not all about that, that’s such a negative, blinkered way of looking at it.
Nope, I haven’t cause I’ve got a mortgage that I can’t stand...anyway, it all depends on your mindset, not everything revolves around a mortgage or owning a home
True, it's not for everyone.
It is for the vast majority though....just don't stretch yourself too much. If you can pay roughly the same or even a little more it's a no brainer to mortgage.
Roaring Chubby
Winger
“Good standard” is subjective as hell like but I’d say roof 5k, boiler 1k, yard 2k if you do the heavy stuff yourself, windows/kitchen/bathroom 5k each, easy under 30k. For a 100k ish house there’s no point putting high end stuff in, if you have the cash to do that you might as well buy a better house to start with.
nahwee
Winger
Speaking from personal experience.
There's also life after retirement! If you're lucky a lot of life.
Owning your own accommodation by the time you retire and not having to pay rent makes your pension go a lot further.
Makes you more flexible too, down size and have a bit cash for example.
Sir Lancelot
Striker
you would pay double that for a similar new build and more likely than not it would be leasehold as that is the new way of screwing extra money out of people.
if your income is low and you rent then you get housing benefit so you would still be not paying anything.
Last edited:
42
Striker
At £125k it wouldn't be double. Prob be around £145k on a new build for 3 bed semi with no garage or en suite.
And yes if you retire with no works pension & just state pension you'd get HB but I don't think the sentiment was aimed at those.
Sir Lancelot
Striker
AndrewP
Striker
I'm guessing they're detached.
It says from £99k on here mind
Oakfield Gardens, Peterlee | New Build Homes For Sale
Oakfield Gardens is a brand new housing development in Peterlee with a stunning selection of brand new homes on sale now!
Actually looking at it then yeah they're asking that. I'd be amazed if people buy them at that price there.
Last edited:
42
Striker
That's why I specifically mentioned the garage & ensuite. The closest one is £169k but still has the ensuite. They are a bit on the pricy side mind for peterler. I live on a new build estate & houses are about £20k less. So a similar house to that ex council one would be in the £140-£150k bracket.
Check out this property for sale on Rightmove!
3 bedroom house for sale in Off Yoden Way, Peterlee, SR8 £145,995. Marketed by Keepmoat
www.rightmove.co.uk
Last edited:
Sir Lancelot
Striker
That's why I specifically mentioned the garage & ensuite. The closest one is £169k but still has the ensuite. They are a bit on the pricy side mind for peterler. I live on a new build estate & houses are about £20k less. So a similar house to that ex council one would be in the £140-£150k bracket.
Check out this property for sale on Rightmove!
3 bedroom house for sale in Off Yoden Way, Peterlee, SR8 £145,995. Marketed by Keepmoat
They are on the very, very edge of Peterlee. Blink as you drive past and you are in Horden.
I'm guessing they're detached.
It says from £99k on here mind
Oakfield Gardens, Peterlee | New Build Homes For Sale
Oakfield Gardens is a brand new housing development in Peterlee with a stunning selection of brand new homes on sale now!www.chapterhomes.co.uk
Actually looking at it then yeah they're asking that. I'd be amazed if people buy them at that price there.
The £99k is for two bedrooms, most of which have been sold. It will cost nearly £80k more for an extra bedroom! In Peterlee!
Someone bought the ex local authority four bedroom detached house with a garden and garage over the road from me for £85k which is about a quarter of a mile from the new builds. You would need to be nuts to shell out the money for those houses - as you can see by the fact that few of them have actually sold yet.
Last edited:
42
Striker
The persimmon ones they built just past opposite North blunts were of similar prices I'm comparing with. The ones youve linked are silly prices. Theres any amount of 2nd hand new builds for less.
AndrewP
Striker
Yeah it sounds way too high for Peterlee.
You can get a new build house in a better area around here for the prices they're asking.
42
Striker
The 2 beds are on the money. The 3 beds are vastly overpriced. Most other new builds a 3rd bedroom will cost loads less than £80k (also in that 80k you're also getting another bathroom)
googleboogle
Midfield
AndrewP
Striker
I don't think I've ever seen a detached council house.
