I should have the right to buy from my my to let landlord after 6 years here

[chocolatekatie]

No government will ever do it as loads of them are into buy to let hence why they do all they can to prop up the bubble.

My landlord thinks he's some businessman doing me a favour by letting me live here. Actually he's the problem, he just had money so can afford to buy up property - push up the price and force people like me to rent.

No, not at all. Every single child of mine will be treated the same. Every child will have exactly the same help, the same school fees paid. No difference at all and no matter if they marry someone rich or poor or whatever. If my son does buy which regularly I encourage him to do he will have exactly the same help as his sisters. I am sure he will buy something in his 20s even if he lets it out. I am one of his greatest supporters.

The school collection (his brothers will learn to drive later this year so are not tiny but he certainly had made a huge contribution to their lives and a big testament to his many good qualities) fits in well with Royal Mail although of course I'd jump at it if he wanted to get a better paid job in London and could not collect the boys. His choice to cook for the 3 of them and that's fine. However I will not give him more than his lawyer sisters because he's made a choice to earn not much. When I die each child will have a fifth even if one is on £20m a year and the other on state benefits.

In fact I think it would suit him to run his own business. I tell all the chidlren to pick work you enjoy and ideally well paid and also where ultimately you can be your own boss - own not be someone's PAYE slave.

Okay it sounds like nota will be fine. Most people have never bought in the UK and never will so I don't see why it's such a problem. At the moment some people cannot afford to buy a £150k flat in outer London or cheaper flat in Luton or whatever. Yes, it's hard for them and we all agree supply needs to be increased.

I think supporting both parents working full time is wise. We paid 50% of our net salary each when our first baby was born and both kept up our careers even though one of us was working at a loss - we earned the same then - and it paid off. best to spread risk in life and have several sources of income.

No, Lotus. 'Most people have never bought in the UK and never will'. In 2011, 64% were owner occupiers, 36% rented. Nationally.

Even in 1971 - it was 50/50.

The problem is partly one of expectations. People compare themselves with their parents and expect to do as well, if not better. (The upper classes went through this sort of existential crisis post-war, when the rest of us managed to catch up a bit.) So psychologically, people feel hard done by.

But in practical terms, renting is now much less attractive in terms of security, rent-controls etc than it used to be. My childhood friends who lived in rented accommodation had a much higher standard of living than me.

And there've been numerous examples on these threads of people who would have more disposable income if they were paying a mortgage instead of rent. Not to mention the worry of the tenancy coming abruptly to an end and having to move children settled in school, and the cost of that move, with agency fees.

Whatever happens to the property market, something needs to be done about the rental sector now.

notauniquename

Theres a lot there, but to sum up. You're talking pish. In fact you're talking screeds of pish. I bought the £20,000 house 9 years ago. Of course people buy at auction - they arrange mortgages and surveys beforehand. I would have thought someone who constantly claims properties are too expensive would have bothered to look into that. Some auctions actually have properties surveyed for which you can pay for a copy of.

Shortly afterwards, there was an article in the local newspaper of a young couple aged early twenties with one child, about how they couldn't afford to buy in that very town. I'm in an office based job, so is DH, yet we weren't afraid of getting our hands dirty and doing most of the work ourselves (other than that which required guarantees). It cost about £8000 to put right and decorate. That young couple were a joiner and a childcare assistant. You are not telling me that it isn't easier for a joiner to do up a property than an office worker? Yet that property was empty in that town for 3 years and on the market 18 months before I bought it.

Instead I'd get a home that I could stay in (forever) using my 100k cash as a 50% or 30% deposit!

Well, you can continue living in cloud cuckoo land then because believe it or not, most people cannot buy their dream home as a ftb. You generally have to start at the bottom or near the bottom and work up. If I were you, I would buy a smaller property in one of those places you deride so much and rent it out, so that at least you own something when you retire. But you are far more interested in outpouring screeds of waffle than actually doing something useful.

face it, whilst you are loath to admit it.
you had a shit load of luck.
Possibly what you have isn't even equal luck and hard work.

Yep, really lucky that both my parents died when I was in my twenties and inherited nothing. I guess my luck is not really listening to negative people and being quite determined. You on the other hand, seem obsessed with luck and probably use it as an excuse as to why you have failed where others have succeeded. Your dates as to student loans don't seem to add up either, either you went to university as a mature student or you didn't pay tuition fees and just fell into the bracket of needing a student loan by one year, if you in your forties now.

now you are sitting and judging others to be lazy whingers because they don't have the same luck as you?! pointing people at houses that you think are somehow magically affordable.

I'm not judging people at all. Some people just aren't suited to doing up houses themselves, they aren't comfortable with it. But I do think the obsession with new builds is encouraging people to think they cannot do anything for themselves, that there is something wrong or even scary about getting their hands dirty. We did painting, tiling, repairs, plumbing, flooring, stud partition walls, all sorts of things. It really isn't that hard. Its quite enjoyable even after a full day at work. When you have a mortgage retention, then obviously theres some pressure of time to get it finished for the next stage.

To be honest though notauniquename I'm really not that interested in hearing the minutae of your life and personal circumstances. Lets say theres a lot more people I'd rather listen to than some moaning man who thinks the world owes him a living. At some point, unless you have real cause, endless whinging and moaning about bad luck becomes very tiresome - as do claims of supposedly abusive exes. If you have had a university education and have as good a job as you claim, then there must be something seriously wrong with the way you have organised your life if you find yourself unable to buy in your forties and with serious debt. Statistically, as a man, you are more likely to have earned a higher salary than me, so maybe you should stop being so jealous and admit that other people are just better at organising their lives than you. Maybe you should take responsibility and stop blaming others or wittering on weirdly about people being "luckier" than you? The blaming your ex nonsense is really vile to read. You sound a bit deranged. Try and show some self respect.

Well, you can continue living in cloud cuckoo land then because believe it or not, most people cannot buy their dream home as a ftb.

at least quote the whole thing.
IF I HAD 100K BURNING A HOLE IN MY BACK POCKET.

(once again you misquote to change the context of what I'm saying and then tell me I'm wrong.)

Most auctions that I'd ever seen have not allowed viewings before the auction date. let alone had surveys done, or allowed time to talk to a mortgage advisor, (I'm still pretty sure that an auction is the preserve of the more well off buyer) - but I'm happy to be wrong about this, not least because it opens another avenue of investigation for when I am able to buy.

But you are far more interested in outpouring screeds of waffle than actually doing something useful.
really? I'm paying down my debts and working to save a deposit. I don't see what's not useful about that. (perhaps I should silence my descenting opinions whilst I do that).

either you went to university as a mature student or you didn't pay tuition fees and just fell into the bracket of needing a student loan by one year, if you in your forties now.
Learn to read.
I'm in my thirties. I said, "in a decade when I've finished paying off debts and then saved a sizeable deposit I'll be in my forties, but I'll still be able to get a 25 year mortgage and retire at 70." if I'll be in my forties in a decade then how old do you think I am now?

Some people just aren't suited to doing up houses themselves, they aren't comfortable with it.
I'm very comfortable with DIY, -and have been helping friends with doing up their houses where they have them.
What you appear to have misunderstood is that I said it's not practical to have a small child in a house that has (in your example) no floors. of course not impossible, but not really practical.

that said, you admitted in the same situation you didn't live in the house anyway. So clearly you agree. (cause, you know, actions speak louder than words.)

moaning about bad luck becomes very tiresome
perhaps you should read what I said properly, I did not say that I'd had bad luck. What I said is that for a lot of those (yourself included) have been harping on for days about how everything you have you have through hard work and sacrifice alone.
whilst it is demonstrably provable through historic archives of newspapers, nationality statistic offices etc that times were different, you had an easier ride. (for example house prices compared to wages were lower), so it wasn't hard work and sacrifice alone.

And that the more you deny your luck, the more detached from reality you appear to be! (plenty of people have said, yeah when they bought it was easier)

not having had the same luck as another person does not make a person unlucky per say, (do you consider your self unlucky that you have not won the lottery? -the way you're going on about having worked for stuff if you won you'd probably only point out that your ticket didn't fill itself out so you worked hard to win that!)
I think unlucky, or having bad luck would be say being hit by a bus and unable to earn for months or years during recovery.
That I'm alive and fit well and able suggests I probably have more good luck than bad luck. (perhaps I'm more optimistic that you are?)

The blaming your ex nonsense is really vile to read.
I never blamed my ex? (really it's getting incredibly tiring to keep pointing out to a supposable very well trained university educated solicitor how to read and comprehend what other people write.)
I said I got in debt paying for child care, and paying a realistic cost of what it actually costs to raise a child. (and that I don't regret having paid for child care - something that allowed both to keep careers, and that I don't regret paying a fair share of raising a child, - something that makes me not a massive cunt.)

So far in this thread you have said or apparently hinted towards opinions that:

Sex could lead to babies so poor people with ambition should not have it. (sex should be the preserve of the fiscally stable, or people happy to live at the mercy of others?)

Poor people don't deserve nice things in life, instead they should go without and save.

Poor people who want to own a house should consider drinking only tap water, (that may have been lotus actually)

Poor people should buy run down flats on industrial estates and live without floors if they ever want a chance of owning.

Absent parents shouldn't pay realistically for their kids, -instead they should be only out for themselves? and sort their own lives out first? (presumably not caring about how their child lives) - or those that do pay a good amount shouldn't mention that out as an outgoing, or reason that they've not had as much money set aside.

People in abusive relationships shouldn't leave them, because then they will lack fiscal security. - or if they do leave them then it's their fault that they are insecure.

That you think abusive relationships might be something to laugh about, or something that someone would make up on a forum. (presumably the alternative reason for a relationship end is two people not being happy, - which is still a pretty valid reason to end a relationship!)

(are you just a bit pissy about the fact that letting you know I was in an abusive relationship kind of took the sting out of your personal attack on me about being "the kind of person that leaves a woman with a kid" when you knew absolutely nothing about my situation?)

so maybe you should stop being so jealous
undoubtedly some people have arranged their lives better than me. (and that's my fault). but I'm not jealous.

I'm especially not jealous of you, I'd rather spend an eternity actually destitute and homeless than to have had your life experiences would have shaped my opinions to be like yours.

Interesting - obviously right to buy is the public sector version of what you suggest - personally I don't agree with giving people discounts off social housing and think it should be banned in London and other areas of chronic shortage and the discounts capped at 20% elsewhere - I think the proposed expansion / extension of right to buy does set up yet another level of unfairness with private renters - especially now so many rent in the private sector due to the reduced level of social council housing partly due to the original right to buy - and this is only going to get worse as more social housing stock is snapped up

You do have my sympathy - but a private landlord is a private business - you can't go to the sweet shop and get a discount on your sweets just because you have bought the same sweets every month for 6 years from the sweet shop -

Learn to read.
What you appear to have misunderstood is that I said it's not practical to have a small child in a house that has (in your example) no floors. of course not impossible, but not really practical.

Not at all impractical. You continue to rent until its habitable. The floors in my house took 3 weeks to sort out, and that was replacing the timbers ourselves and laying down laminate. probably laminate isn't good enough for most people on this thread who would consider only parquet, Karndean or Amtico but it does me

that said, you admitted in the same situation you didn't live in the house anyway. So clearly you agree. (cause, you know, actions speak louder than words.)

Err, no, it was my home for 18 months.

If you actually think anyone has any time to read that stuff you put on here and quote it, you need to head off back to cloud cuckoo land.

Not at all impractical. You continue to rent until its habitable.
this is becoming impossible...

I believe (looking at my own pay) that it would not be possible to make payments for a mortgage which may be as much as a thousand pounds whilst continuing to pay around a thousand pounds on rent, and buying in materials, (and possibly specialist labour) to undertake a renovation project. - I understand that obviously you save to get to that point, but the difficulty of saving is one of the problems that I'm saying that there is!

(that said I attempted to do exactly that about three years ago and could not get a mortgage on a dilapidated house. because the bank did not want to accept the risk, this would have been made possible by living with parents.)

When you did that, rents were lower, house prices were a lower multiple of salaries. and banks were willing to lend to projects.

If you actually think anyone has any time to read that stuff you put on here and quote it, you need to head off back to cloud cuckoo land.

Funny, you had time to quote half of it out of context.

As I said, I think that this is becoming impossible, I don't really think that you have any concept of being a first time buyer in the housing market today, and I don't think that you want to believe the realities of it or how it has changed since you bought.

I clearly have no concept of being a buyer when you bought, and perhaps am suggesting it was a lot easier, when in fact it may have only been a bit easier.

Whilst I can admit and endorse that people do need to work hard and save hard, (so we agree on that) I'm saying that with house prices the way that they are, and the way that they are rising compared to wages, for more and more people ownership is becoming an impossible dream.

Genuinely I only drink tap water. It is actually better for your health than tea, coffee, milk, squash, fresh orange juice and alcohol and it's cheap. I am not saying the poor or the middle class or anyone has to do that or things like I did - like no sex until I'd graduated with law prizes but what we do has consequences and how we live now is much more a result of our life choices than luck.

I was able to marry work full time take no maternity leave and have a baby at 22 because I worked hard at school and made a wise career choice so even though we each paid 50% of net salary that year baby 1 came we were in careers with pay progression, not a call centre job so some of us can pay for full time childcare and still buy a property.

We also did a lot of property stuff ourselves (and even now I've never paid for things like new furniture (and no inherited no antiques either). Babies had second hand clothes etc. When others were having holidays we were repaying mortgages. If you can keep your costs as they are but increase your pay and not spend the difference (something most people find difficult never mind the people who spend most of their income on rent) then that helps. You can also do things like living with friends in your 20s, sharing a flat, room shares etc. I sent my children details of those property sittings you can do such as live in a fire station in London to keep it safe from burglars. There are lots of ways to skin a cat.

I suspect if anyone is sitting waiting for London house prices to become a quarter of that they are now they are in for a long wait so may be better buying elsewhere and commuting in or buying a studio flat in zone 6 etc