Author Topic: rent is ridiculous but can't get a mortgage!  (Read 2821 times)

Offline Dan_GTi8v

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Re: rent is ridiculous but can't get a mortgage!
« Reply #10 on: 28 May 2011, 19:46 »
no ones offering fixed rate atm :(
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Offline simonpolly

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Re: rent is ridiculous but can't get a mortgage!
« Reply #11 on: 28 May 2011, 19:48 »
no ones offering fixed rate atm :(

Thats because the interest rates will be going up later this year. :wink:
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Offline Dan_GTi8v

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Re: rent is ridiculous but can't get a mortgage!
« Reply #12 on: 28 May 2011, 19:50 »
Yeah I know, but this is the problem :P No ones offering fixed as the rates will go up so all we can do is get variable and prepare to get raped!
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Offline bobbarley

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Re: rent is ridiculous but can't get a mortgage!
« Reply #13 on: 28 May 2011, 19:54 »
You can get fixed rate if you look around enough.  There are a couple of tricks you can do to get a better rate too.

Offline Dan_GTi8v

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Re: rent is ridiculous but can't get a mortgage!
« Reply #14 on: 28 May 2011, 19:55 »
for first time buyers needing 200K? :P Need a 2 bed house in Surrey. Guess I can dream  :laugh:
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Offline bobbarley

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Re: rent is ridiculous but can't get a mortgage!
« Reply #15 on: 28 May 2011, 20:08 »
I can't even get together the deposit for a 60k house in Manchester  :sad:

Offline Dan_GTi8v

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Re: rent is ridiculous but can't get a mortgage!
« Reply #16 on: 28 May 2011, 20:10 »
Luckily both mine and Fiancees parents are pretty well off so they will more than likely help with the deposit, its just finding someone who will actually offer us anything. Cant imagine what its like for ppl on their own or with no help  :undecided:
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Offline Mikester

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Re: rent is ridiculous but can't get a mortgage!
« Reply #17 on: 28 May 2011, 20:11 »
Luckily both mine and Fiancees parents are pretty well off so they will more than likely help with the deposit, its just finding someone who will actually offer us anything. Cant imagine what its like for ppl on their own or with no help  :undecided:

Im on my own and i earn what i think is a reasonable income. Its still pretty impossible.

Offline JC

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Re: rent is ridiculous but can't get a mortgage!
« Reply #18 on: 28 May 2011, 20:34 »
wish my forthcoming rent was under a grand, but alas no, i am looking at between 1300 and 1500 for a shoe boxed sized 3 bedder  :sick:

Offline Kerrse

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Re: rent is ridiculous but can't get a mortgage!
« Reply #19 on: 28 May 2011, 20:45 »
I rent but live in a village as town centre rents are too expensive, I pay £740 for a huge 2 bedroom bungalow with a huge garden. The added bonus is no crime & no pikey kids damaging ur car lol