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Posted
Woo Congrats.... I didn't think anyone could afford to buy houses these days...

 

Well i did work 98 hours last week :lol:

 

The local council are running a low cost housing scheme which to cut a long story short lets me have a 122k house for 80k :thumbsup:

 

Its brand new aswell :mrgreen:

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Posted

So ... what does your (£88k) £122k buy you up there then mate?? Got any piccies of your new home :D When do you move in?

Posted

It will be a couple of months before i move in gives me time to get a decent deposit together. Need to sell the scooby really but not having much luck :sad:

 

Its a 2 bedroom terrace in a row of 7 that were built around 12 months ago, has a patio rear and views to the fells. there is nothing in my town (Ulverston) around that price its all over 100 grand for ones needing work. There are far cheaper houses in Barrow in furness (which is 8 miles away and my place of work) but to be fair its a bit of a sh*thole and i want to stay where all my friends are etc.

Posted
Woo Congrats.... I didn't think anyone could afford to buy houses these days...

 

Well i did work 98 hours last week :lol:

 

The local council are running a low cost housing scheme which to cut a long story short lets me have a 122k house for 80k :thumbsup:

 

Its brand new aswell :mrgreen:

 

They're doing something similar in Leeds. Buy a £180,000 appartment for £90k. The council put £90k forward. When you sell, you pay it back. I'm not sure if you just pay £90k back, or £90k plus interest, or 50% of what you get for it.

Posted

Well this is 100% mine its just im only allowed to sell on at the profit its made on 80k. For example if it goes up 10% in 5 years. The true price would now be 132k or thereabouts but i can sell it for 88k. :thumbsup:

Posted

nice one mate, i'll have it of you for 88k but only if you can deliver it to derbyshire bud :wink:

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