Sucks.
Really, really sucks.
Of course, I'm moving from inside central London (no car) to outside of central London where a car is quite important. I must have walked miles yesterday.
We saw a house first thing in the morning which was fantastic - filled all our requirements, all newly redone, nice garden (small enough not to be a huge amount of work, big enough that it wouldn't feel cramped) -- we went back to the estate agents office, put down an offer, and that was that. Five minutes later, we got a phone call - another offer had been made just before us, and it had been accepted.
I get the feeling that to find a house in the London area you have to be just about willing to hand over cash there and then.
We saw two other houses yesterday afternoon, and they, well, they needed a lot of work - probably about 10 years of weekend work. To be fair they were bigger but I'm not sure I have the commitment to put in the effore required for that.
Ho hum. More houses today.
Re:homes and houses
james on 2002-08-01T07:38:07
For us the problem is less the mortgage but more the deposit. Rent is so high in London and that makes it incredibly difficult to save enough to have a deposit on a house. By the time you've saved what you initially thought you needed for a deposit the house prices have skyrocketed again and you're forever chasing the target. All the while house prices rise by ~20% a year -- unless you get a 20% pay increase year on year you are getting poorer until you buy that house.
Remind me again, why am I looking at houses?
