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Hartford to build 350 houses on greenfield


Noseyparker2090
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1 minute ago, Ramseyboi said:

At nearly 30 years old?  You can earn twice that in car sales or as a self employed plumber/electrician/plasterer!

the groups you mention can buy houses,  its the hundreds of people working retail in  shops and supermarkets that can't afford a house.

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2 minutes ago, finlo said:

Exactly, even jobs in finance banking etc pay shite wages to most of their workforce.

When in history in the UK has property ownership been a right?

Where in the world in 2021 can the lowest paid afford to purchase a house?

I am not saying it is right. It it is what it is and always has been.

I can’t afford all the cars I would like.  Is that the governments fault or if I want them should I work harder?

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6 minutes ago, Ramseyboi said:

Same as 30 years ago then

it needed addressing 30 years ago too.    back then  a mortgage could be got for 3 X the value of your income , now it is more than 3 X  because the cost of a house is proportionally more expensive

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7 minutes ago, Ramseyboi said:

When in history in the UK has property ownership been a right?

Where in the world in 2021 can the lowest paid afford to purchase a house?

I am not saying it is right. It it is what it is and always has been.

I can’t afford all the cars I would like.  Is that the governments fault or if I want them should I work harder?

if people lived in cars you could have a point .  

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4 minutes ago, WTF said:

if people lived in cars you could have a point .  

Ok.  I would like a Rolex collection!

I would like more holidays.

I would like a better bed.

I would like a nicer kitchen.

Work harder and have better stuff.  Has always and will always be the way.

I have been completely broke and not able to put fuel in the car or pay the rent.  It sucks.  It sucks that because you can’t open a bank account or get a phone contract you pay more for everything like electric and phone calls to the benefits office.

To fix it you knuckle down and work harder or accept your lot.

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7 minutes ago, James Blonde said:

And you think most people are accountants or lawyers? 

What about the workers on c.£25k? Do you think they should just be left to the mercy of the private rental market? 

A couple on 25k each is 50k a year, so say take home of 3.3k a month.

Half of that is 1.65k a month.  At 3.75 percent over 25 years it 1300 a month repayment, which is about the same as a rental price on a decent house for a 275,000 mortgage and still £500 a week left.

 

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7 minutes ago, Ramseyboi said:

10 percent worst case so 27,500

That is probably two years of making do in a £800 a month flat and no shiny cars, holidays, latest phones, regular meals out or sky.

Not a chance after paying for everything else not forgetting that 25k salary is before stoppages.

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1 minute ago, finlo said:

Not a chance after paying for everything else not forgetting that 25k salary is before stoppages.

Absolutely doable as loads of people do it.  People just need to reign in their expectations.  300k house. Two new shiny cars. Holidays. Our every weekend. Takeaways. Latest mobiles. sky. Fibre etc etc.

Something has to give or you need to accept less.

Look at my figures and I have allowed for stoppages and then some.

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50 minutes ago, Ramseyboi said:

A couple on 25k each is 50k a year, so say take home of 3.3k a month.

Half of that is 1.65k a month.  At 3.75 percent over 25 years it 1300 a month repayment, which is about the same as a rental price on a decent house for a 275,000 mortgage and still £500 a week left.

 

Crazy financing. A mortgage should be no more than 1/3 of your after tax income. 

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