Today's Interest Rate Reduction (Merged)
#271
Scooby Regular
Even with the way prices have gone, there is still probably £400,000 equity in the house and it is saleable. So, if it all goes **** up, we sell it (it's a desirable house in an affluent area) and buy something perfectly decent for cash
Oh, and if that sounds like i'm bragging, i'm not. Those on here that have known me long enough will know how I came by some of the money
Oh, and if that sounds like i'm bragging, i'm not. Those on here that have known me long enough will know how I came by some of the money
#272
Scooby Regular
Join Date: Dec 2006
Location: Mars
Posts: 11,470
Likes: 0
Received 0 Likes
on
0 Posts
Dave - just pray you don't need to sell it for a while.
Honestly I've seen £700k houses going for silly prices recently. And those are just the ones that are actually selling. Just sit on it and hope for the best. The way the market is going, even that "safe" equity could be dodgy.
I can guess how you got some of the deposit - sorry to hear that. Makes the house even more than just a home I guess?
Honestly I've seen £700k houses going for silly prices recently. And those are just the ones that are actually selling. Just sit on it and hope for the best. The way the market is going, even that "safe" equity could be dodgy.
I can guess how you got some of the deposit - sorry to hear that. Makes the house even more than just a home I guess?
#273
Scooby Regular
It was bought as a home to live in and we love the house. We have no intention of moving, particularly as after an extension, refurbing the old part of the house and other various bits and pieces it owes us about £250,000 more than it is currently worth - certainly not going to worry about that as we have no control over it
I've had to start over from scratch twice already in my life and getting a bit too old to want to do it again, but whatever happens will happen.....
I've had to start over from scratch twice already in my life and getting a bit too old to want to do it again, but whatever happens will happen.....
#274
Scooby Regular
Join Date: Apr 2001
Location: Some country and western
Posts: 13,488
Likes: 0
Received 0 Likes
on
0 Posts
#276
Scooby Regular
Join Date: Dec 2006
Location: Mars
Posts: 11,470
Likes: 0
Received 0 Likes
on
0 Posts
IGNORE THIS THREAD. IT WAS CR4P
Last edited by Matteeboy; 15 November 2008 at 08:10 AM.
#277
Scooby Regular
Join Date: Apr 2001
Location: Some country and western
Posts: 13,488
Likes: 0
Received 0 Likes
on
0 Posts
Matteeboy, you may not have noticed but this thread is not about YOU.
But well done, you managed to squeeze it in yet again, how wonderful YOUR situation is. I'm pleased for you, really I am
Now tell me about the Astra again, or the boat/family/rich mates again....I've missed ya!
But well done, you managed to squeeze it in yet again, how wonderful YOUR situation is. I'm pleased for you, really I am
Now tell me about the Astra again, or the boat/family/rich mates again....I've missed ya!
#278
Guest
Posts: n/a
I'd spend it on much more sensible things obviously (not)
#279
Scooby Regular
Join Date: Dec 2006
Location: Mars
Posts: 11,470
Likes: 0
Received 0 Likes
on
0 Posts
Matteeboy, you may not have noticed but this thread is not about YOU.
But well done, you managed to squeeze it in yet again, how wonderful YOUR situation is. I'm pleased for you, really I am
Now tell me about the Astra again, or the boat/family/rich mates again....I've missed ya!
But well done, you managed to squeeze it in yet again, how wonderful YOUR situation is. I'm pleased for you, really I am
Now tell me about the Astra again, or the boat/family/rich mates again....I've missed ya!
Last edited by Matteeboy; 14 November 2008 at 04:35 PM.
#280
Scooby Regular
Join Date: Apr 2001
Location: Some country and western
Posts: 13,488
Likes: 0
Received 0 Likes
on
0 Posts
You might have to wait for the **** up post
Apart from a serious dose of Man Flu, life coudn't be better....and it has little to do with Finance. Saying that I have just committed to spending over £4k this week.....of my own money....yep, not a loan. I must be mad.
Apart from a serious dose of Man Flu, life coudn't be better....and it has little to do with Finance. Saying that I have just committed to spending over £4k this week.....of my own money....yep, not a loan. I must be mad.
#283
Guest
Posts: n/a
You've covered the front of your house in christmas lights and bought a 12 foot revolving santa for the garden haven't you?
#284
Scooby Regular
Matteeboy, you may not have noticed but this thread is not about YOU.
But well done, you managed to squeeze it in yet again, how wonderful YOUR situation is. I'm pleased for you, really I am
But well done, you managed to squeeze it in yet again, how wonderful YOUR situation is. I'm pleased for you, really I am
Saved me having to post that.....
To think that only last week I was wishing our long lost friend congratulations on his new born (which still stands true BTW) but know I'm bored stupid by him all over again.
Me me me me me me me me me me me me me me me me
#286
Scooby Regular
Sorry Si. Tell me all about YOU. And Davy too.
Please?!
Please?!
Don't take it personally as people can come across in strange ways on the internet.
Your 'internet persona' reminds me of an old football coach I had at school who we all used to call 'Avdun'.......as in 'I've done' this and 'I've done' that. Don't know what it is but you just have the ability to annoy me on here...
Nothing personal, you simply can't like (or expected to be liked by) all the people on this planet
Still genuinely glad for you and your good lady
#287
Scooby Regular
Join Date: May 2000
Location: MY00,MY01,RX-8, Alfa 147 & Focus ST :-)
Posts: 10,371
Likes: 0
Received 0 Likes
on
0 Posts
Even with the way prices have gone, there is still probably £400,000 equity in the house and it is saleable. So, if it all goes **** up, we sell it (it's a desirable house in an affluent area) and buy something perfectly decent for cash
Oh, and if that sounds like i'm bragging, i'm not. Those on here that have known me long enough will know how I came by some of the money
Oh, and if that sounds like i'm bragging, i'm not. Those on here that have known me long enough will know how I came by some of the money
We're in interesting position at the moment. Made the decision to sell my house last June, which has turned out to be a very good move Currently renting a flat with a view to buying somewhere in the Brighton area. I'm lucky in that by selling my last house and making a few quid, I have enough to cover a decent deposit, so therefore I do have the choice of maybe renting and keeing the money or buying somewhere.
I saw the Money Programme last night and it made interesting viewing. I'm still swaying towards buying another place - prices have finally started to drop (although most vendors are still living in cloud cuckoo land with regards to their asking prices) and with the hopefully better mortage deals, it won't be a problem to afford the repayments. We're also looking medium long term as to how long we will stay.
I think I will view a few more places and then make a decision...
Chris
#288
Matteeboy, you may not have noticed but this thread is not about YOU.
But well done, you managed to squeeze it in yet again, how wonderful YOUR situation is. I'm pleased for you, really I am
Now tell me about the Astra again, or the boat/family/rich mates again....I've missed ya!
But well done, you managed to squeeze it in yet again, how wonderful YOUR situation is. I'm pleased for you, really I am
Now tell me about the Astra again, or the boat/family/rich mates again....I've missed ya!
This post is just getting better .
#289
I've had to start over from scratch twice already in my life and getting a bit too old to want to do it again, but whatever happens will happen.....[/QUOTE]
Exactly .The worse that can happen is you start again from scratch .
He who has never failed ,has never done anything .
Good on ur !!!
Exactly .The worse that can happen is you start again from scratch .
He who has never failed ,has never done anything .
Good on ur !!!
#290
Well, just had my letters for the mortgages.Nice reductions .
Crimbo is looking better all round .
Maybe more than just a tangerine and selection box going in the kids xmas stocking .
I like recession .
Pressure is off for a while .Sleep like a log again .!!!!
May even start looking for that Trackday toy I have been hankering after .
See the bank manager on Monday about a loan ?
Crimbo is looking better all round .
Maybe more than just a tangerine and selection box going in the kids xmas stocking .
I like recession .
Pressure is off for a while .Sleep like a log again .!!!!
May even start looking for that Trackday toy I have been hankering after .
See the bank manager on Monday about a loan ?
#291
Scooby Regular
#292
Scooby Regular
He's not - I can vouch for Dave (how are you BTW! )
We're in interesting position at the moment. Made the decision to sell my house last June, which has turned out to be a very good move Currently renting a flat with a view to buying somewhere in the Brighton area. I'm lucky in that by selling my last house and making a few quid, I have enough to cover a decent deposit, so therefore I do have the choice of maybe renting and keeing the money or buying somewhere.
I saw the Money Programme last night and it made interesting viewing. I'm still swaying towards buying another place - prices have finally started to drop (although most vendors are still living in cloud cuckoo land with regards to their asking prices) and with the hopefully better mortage deals, it won't be a problem to afford the repayments. We're also looking medium long term as to how long we will stay.
I think I will view a few more places and then make a decision...
Chris
We're in interesting position at the moment. Made the decision to sell my house last June, which has turned out to be a very good move Currently renting a flat with a view to buying somewhere in the Brighton area. I'm lucky in that by selling my last house and making a few quid, I have enough to cover a decent deposit, so therefore I do have the choice of maybe renting and keeing the money or buying somewhere.
I saw the Money Programme last night and it made interesting viewing. I'm still swaying towards buying another place - prices have finally started to drop (although most vendors are still living in cloud cuckoo land with regards to their asking prices) and with the hopefully better mortage deals, it won't be a problem to afford the repayments. We're also looking medium long term as to how long we will stay.
I think I will view a few more places and then make a decision...
Chris
I'm not bad, ta, hope you are too
Seem to be living surrounded by animals at the moment - legacy of being married to a vet I suppose
Current score is:
2 gundogs
1 cat
2 cows
6 sheep
11 chickens
About 80 ducks
1 pony
It's a bit like old McDonalds farm
#293
Scooby Regular
Thread Starter
#297
Scooby Regular
Thread Starter
Nice.
In these thread everyone tries to make out how much better their current lot is than the next. No one will admit they have debts and it degenerates into ePenis waving.
I do have debt and I would get myself into more debt to buy a car that depreciates faster than its fuel needle. Clearly not the right thing to do buts what I would do. Its certainly very tempting anyway, if my "hobby" pocket money wasn't being used elsewhere I'd probably have one by now.
In these thread everyone tries to make out how much better their current lot is than the next. No one will admit they have debts and it degenerates into ePenis waving.
I do have debt and I would get myself into more debt to buy a car that depreciates faster than its fuel needle. Clearly not the right thing to do buts what I would do. Its certainly very tempting anyway, if my "hobby" pocket money wasn't being used elsewhere I'd probably have one by now.
Last edited by EddScott; 14 November 2008 at 11:01 PM.
#298
Aw **** - You used to be the person who I most respected on Scoobynet..... but you are owned by a cat
#299
#300
I don't even think about it (unless Matteboy tells me I am stupid.) - It is just another direct debit that needs covered. I know what I need to make to keep everyone happy, then I add on what I need to make me happy, then I work out how to earn it. Might be financial services, might be fitting kitchens, might be hanging doors, might be fixing computers. Can't include working 40 hours in the same week. That is it really. Work out your skills, work out how you can utilise them, and then do it. If I didn't have a pile of alternative ways to make money and relied on a single skill, then I would probably be sh1tting myself, but if that was the case then I wouldn't have bought this house