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Home Ownership - Do you think you will be able to buy?

Discussion in 'benefits and housing' started by Badgers, Aug 30, 2011.

  1. wemakeyousoundb

    wemakeyousoundb and calm again

    I would need loads of money and a beautiful, gold-producing wife.
    Maybe I should start playing the lottery...
    In social housing at the moment, but my "social rent" is quite likely to turn into an "affordable rent" (80% of local market rent) when the estate gets pulled down and rebuilt.
     
  2. Badgers

    Badgers Mr Big Shrimp

    http://www.experianplc.com/news/company-news/2012/15-03-2012a.aspx
     
  3. Badgers

    Badgers Mr Big Shrimp

    Tenants of two-bed homes in London need to earn £52,000 a year


    Letting agency industry link

    Rent Watch London is pretty depressing reading (sorry) with Lambeth median monthly private rent for two bedrooms being £1,273. Net monthly household income required to make this rent affordable is £3,636 which is a LOT before tax. There is a petition on the link which I have signed for the little good it will probably do.
     
  4. stuff_it

    stuff_it Nerd burglar

    I've already resigned myself to the fact that to own a home I will probably have to at least partially base myself in a much cheaper country.

    I would never consider moving in to London now though, even if me and the Mr were on ££££s, I'd feel like I was being ripped off too much. :(
     
  5. Termite Man

    Termite Man zombie flesh eater

    I've had my mortgage agreed on a flat so this time next month I will own somewhere in Bristol :D
     
  6. Badgers

    Badgers Mr Big Shrimp

    Somewhere? You don't know where yet? Just a vague bit of a town? Fair play on getting finance for that, you must be AAA rated :D
     
  7. Termite Man

    Termite Man zombie flesh eater

    no I know the exact place, I'm just not telling you where it is :p
     
  8. Badgers

    Badgers Mr Big Shrimp

    I know people.
    You can run but can't hide insect boy :mad:
     
    gentlegreen likes this.
  9. quimcunx

    quimcunx Anne Boleyn's sixth finger

    I'm going to pm everyone to ask if they know.
     
    gentlegreen likes this.
  10. kittyP

    kittyP schmeeer

    Even though I am related to who I am....

    NO :( but :)
     
  11. Badgers

    Badgers Mr Big Shrimp

  12. ViolentPanda

    ViolentPanda 100% echtes Pandabär!!

    Good catch, little monochrome buddy!
    Looks like another way for the government to lever out "undesirables" from areas. Pity it'll blow up in their faces when there's no-one left to serve them their skinny lattes and panini.
     

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