Just found out my house is worth f**k all

[Moscow Mule]

oh dear,

'Rayburn'


isn't that the poor man's Aga ?

Milan.

No Milan, it's the same thing.

Can you go and swap those 8mm around again please...

[milanbenes]

uhh no,

an Aga is an Aga.


A RayBurn, is, hmmm, how shall we put it, the kickers compared to the timberlands


DimP,

the pool does not yet physically exist, the children are too young.

Rest assured old chap, it will happen.

what rate did you get when you cashed the Euro's from the house in Cyprus for GBP ?

atb

Milan.

[wurzel]

oh dear,

'Rayburn'


isn't that the poor man's Aga ?

Milan.

No, Rayburns do central heating too. Agas don't - well at least they never used to.

[DimPrawn]

what rate did you get when you cashed the Euro's from the house in Cyprus for GBP ?

atb

Milan.

Oi, that was below the belt.

[Moscow Mule]

uhh no,

an Aga is an Aga.

A RayBurn, is, hmmm, how shall we put it, the kickers compared to the timberlands

Seeing as Aga make Rayburn, I don't know how you can make that assertion...

[wurzel]

That's not investment - small part of the house, the reality is that you got into debt expecting to get more money out of it rather than buy an asset to live in whilst paying off debt as soon as possible.

I don't question putting £20k into house to make it better, but expecting to buy asset with debt, hold it for a period of time then sell at a great profit and thus solve all problems in live is nuts.

No, I never got into any debt expecting to make any money out of it. Those were just modifications I made in order to turn it into the home I wanted it to be. The only debt I have is just the same as any other average homeowner - the mortgage - and when I took it out that was based on 3.25 X my annual income. Hardly overstretching myself.

[DimPrawn]

No, I never got into any debt expecting to make any money out of it. Those were just modifications I made in order to turn it into the home I wanted it to be. The only debt I have is just the same as any other average homeowner - the mortgage - and when I took it out that was based on 3.25 X my annual income. Hardly overstretching myself.

Don't worry, you'll be fine.

Keep voting Labour and the printing presses will ensure a golden future for us all.

[milanbenes]

Dim,

sincere apologies.

Milan.

[sasguru]

With the exchange rate as it is and the over pricing of UK property, the days of moving to a nice house abroad is well and truly over.

You are a Prisoner of Mother England.

Unles you live in a salubrious part of London and your mortgage-free house is worth > £ 1 million even after the crash.

HTH

[Moscow Mule]

Unles you live in a salubrious part of London and your mortgage-free house is worth > £ 1 million even after the crash.

HTH

Forest Hill is not Dulwich my dear chap...