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Rightmove Voyeurism


NodsNeph said:
Walthamstow is where my young 'un and her fella are looking. Apparently it's on the up.
Anywhere that had anyone from East 17 in it is a shithole as far as I'm concerned.
Would prefer if they were looking in Muswell Hill or Barnet as I can get off the A1 at South Mimms when visiting
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Good luck to them mate. Hopefully her dad is helping out with the deposit. ;)
Boris Bear said:
A keen gardener I see
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Nice glass of Pinot on the bench after a hard day's graft there. Idyllic.
 
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Mackem00 said:
Good luck to them mate. Hopefully her dad is helping out with the deposit. ;)

Nice glass of Pinot on the bench after a hard day's graft there. Idyllic.
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Trying me best, she's living rent free with me and her mother in order to save. Tbf between her and her bf i think they are close to 80 grand saved towards it. Wish I'd been that organised at their age
 
Mackem00 said:
It doesn't stand up to any scrutiny but if you've got daftys willing to pay it then nothing will change.
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It is mad. A rule of thumb is that a mortgage shouldn't be more than 4.5 of the household income.
£700k/4.5 = £155k
£155k / 2 = £77.8k

With that being the upper limit you are saying that someone with a household income of £150k would struggle to afford that, or at least have to watch their spending elsewhere. Or a couple, each earning about £78k per year would stretch themselves to live in a house like that.

I just can't get my head around why. Unless something drastically changes on my chosen career path, I'm never going to earn £150k. And that is looking towards the end of my career (about 14 years left). You need someone on £150k fairly early on in their career deciding to pay that to live in a really crap house. It makes no sense at all to me.
 
Kevj said:
I don’t place a premium on living in that area so when I see that property, I look for value for money and I just can’t reconcile how that is worth even half of that asking price.
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There isn't a location in the UK that would justify paying 700k for that house imo.
 
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