House Prices are increasing!

[Wor Jimmy]

Problem with rent though, is that its dead money. At least with a mortgage, you're working your way towards actually owning something.

Exactly this.

Saving at the moment for a deposit. Its a shit time to be buying a house. Yes these 5% deposit mortgages are good, but you need to be earning enough to make up the other 95% at 3.5x.

I'm waiting for a long lost relative who was a criminal and I never met to die and leave me a load of cash

They must be doing it different now to when i did it? me and my lass got the %5 morg 2 years ago (It was a test phase, only done by lloyds at the time)
Anyway. we put up %5, Government put up %5 Secured a Morg for %90. Repayments are £288 a month.. our rent was £420 No brainer.

Btw £60k for a 3 bedroom, MASSIVE garden. Large Garage. Large Penis. just seeing if anyone was still reading.

needs 10-15k spent on it to bring it up to date but same out next street over sold for £110k. once the market picks up... Free money! Yay.