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Property Poll - When Should I Buy?

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    Property Poll - When Should I Buy?

    First time buyer, 25% deposit, Greater London / inside M25...

    Answers on a postcard, or by the following poll.
    26
    Buy now
    3.85%
    1
    Jun to Sep 2009
    7.69%
    2
    Oct to Jan 2010
    3.85%
    1
    Feb to Jul 2010
    15.38%
    4
    Aug to Jan 2011
    15.38%
    4
    Later in 2011
    3.85%
    1
    2012+
    42.31%
    11
    Save your money and move into Andyw's treehouse
    7.69%
    2
    Gas masks don't fit snails...

    #2
    Originally posted by BrianSnail View Post
    First time buyer, 25% deposit, Greater London / inside M25...

    Answers on a postcard, or by the following poll.
    what poll?
    "Condoms should come with a free pack of earplugs."

    Comment


      #3
      Originally posted by ThomasSoerensen View Post
      what poll?
      This poll...
      Gas masks don't fit snails...

      Comment


        #4
        Buying is for losers, mortgage interest is just dead money init.
        The Mods stole my post count!

        Comment


          #5
          Buy now. Make a vendor VERY happy.

          Comment


            #6
            Originally posted by BrianSnail View Post
            First time buyer, 25% deposit, Greater London / inside M25...

            Answers on a postcard, or by the following poll.
            Seriously, the best mortgage deals are for those with a 40% deposit.

            House prices are not going to rise for some time, even if the optimists are correct and they don't crash much further.

            Interest money is dead money.

            Rent, and save up a bigger deposit. Ideally enough to buy cash and then drive a hard bargain.

            Comment


              #7
              Originally posted by DimPrawn View Post
              Seriously, the best mortgage deals are for those with a 40% deposit.

              House prices are not going to rise for some time, even if the optimists are correct and they don't crash much further.

              Interest money is dead money.

              Rent, and save up a bigger deposit. Ideally enough to buy cash and then drive a hard bargain.
              What if one already had a 40% deposit?
              "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk

              Comment


                #8
                Originally posted by Jog On View Post
                What if one already had a 40% deposit?
                Wait two years and you'll have an 80% deposit.
                The Mods stole my post count!

                Comment


                  #9
                  Originally posted by Jog On View Post
                  What if one already had a 40% deposit?
                  Then it comes down to how much of a discount on the price you can negotiate.

                  If you can get a good % off the asking price, and can get a good mortgage deal, and you intend to live there for some time, why not?

                  Comment


                    #10
                    That is the plan, we want to cash in on the price slump. Thing is we need to sell a recently inherited property first to get the deposit
                    "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk

                    Comment

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