This might stop house prices rising

[Lockhouse]

Nah - it's a nice house in a nice area and I'm not paying over the top.

[DimPrawn]

Nah - it's a nice house in a nice area and I'm not paying over the top.

And what you paid is what you paid, where as AtW's rent will rise with inflation, year after year after year.

In 10 years a family hatchback will cost more than you paid.

[Ruprect]

My endowment with Standard Life was supposed to be worth £75k. I have put £38k into it and its worth £7k I am taking them to Court.

F**K! That would make me

[DimPrawn]

F**K! That would make me

£38K in, £7K out?

No worse than buying a top specced Alfa Romeo.

[d000hg]

Sorry what is this mortgage thing of which you speak?

One of these days you'll have to find out. Mummy and Daddy will want you out eventually,.

[Sysman]

I need a mortgage as I want to buy this.

Registration | Primelocation

http://media.primelocation.com/SAGR/...3/BROCH_01.PDF

The only way that's a house is if your name is God.

I'll get my coat.

PS you'll need to take collections from visitors to pay for the heating and upkeep. Better yet, get them to take out deeds of covenant; they are very tax efficient. Hosting summer fetes in the grounds is another source of income.

[Sysman]

My endowment with Standard Life was supposed to be worth £75k. I have put £38k into it and its worth £7k I am taking them to Court.

I knew that endowments were crap, but I didn't realise they were that crap.

A decade or three ago you had all on trying to get a mortgage without an endowment.

In fact the only way (to my knowledge) to do it was to take out an endowment mortgage, then once moved in ask to change to a normal repayment mortgage and cancel the endowment policy.

[MarillionFan]

I need a mortgage as I want to buy this.

Registration | Primelocation

http://media.primelocation.com/SAGR/...3/BROCH_01.PDF

Look. Make me an offer. Perhaps I'll reduce the asking price a little.

[Sysman]

And what you paid is what you paid, plus interest, where as AtW won't have a millstone around his neck and will be free to move when and where he wishes, year after year after year.

In 10 years a bicycle made for two will cost more than you paid.

FTFY

[OwlHoot]

And what you paid is what you paid, where as AtW's rent will rise with inflation, year after year after year.

In 10 years a family hatchback will cost more than you paid.

Yup, been telling him that for years. We all have, but he won't listen.

AtW, you property mupp, with inflation at 5% (where it will probably stay or even rise) the arithmetic totally changes.

P.S. My mortgage for a two-bed flat in South Ken is £500 per month. Remind me again, what is the monthly rental for your flat in Brum?

Come to think of it, maybe it's time I took my own advice and maxed out on a new mortgage for a larger property.