to think getting a mortgage on a property is not something worthy of congratulations

[sallyknowsit]

Maybe its me but I don't get why people see getting a mortgage as such a congratulations moment. Paying off the all the mortgage is.

A mutual friend has just got a mortgage on a flat, other friend thinks its the the done thing to send a congratulations card for "buying a flat".

I see it as the bank has just bought a flat and she will have to pay them back or she will very quickly find herself homeless. And has the risk of always needing a well paid job for 25 years and could have her disposable income slashes if rates do rise.

Am I just being too cynical?

Yes you are being cynical.

You can't just get a mortgage. You have to save a deposit, you have to have an income. These are achievements. It is exciting getting a home. These things are worthy of congratulations.

Well. You don't see it. She does. What's your problem?

yes you are being too cynical HTH

Yes, sorry, I think so.

There is a lot in being accepted for the mortgage, not to mention saving for the deposit.

Though of course it's more impressive if the friend is 22 than 42.

Yabu and cynical. Not everyone is able to qualify for one and it is something to celebrate. Luckily she has nicer friends.

Wow, you sound like a riot OP

I think a new home is always worthy of congratulations whether bought outright, mortgaged or rented

Obv wouldn't buy a card for someone getting a buy tl let property as that is an investment and more to do with personal finances, a new home however is a major life event

YABVU it is definitely a congratulations moment! It's their first house together, it's a big deal. Are you jealous?

One friend is happy and the other is happy for her. I think it is nice they are friends and take pleasure in things going well for one another. Some friends kill the joy.

Buying a home is a rite of passage. You usually congratulate people on rites of passage.

I'm cynical in life I guess. But she didn't save for a deposit - was gifted. Anhow I'll just go along with social norms and send a moving house home, the stress of that is probably car worthy.

I'm a bad friend because I don't share the same life goals?

No I don't think you're a bad friend for not sharing her goals but you're a bad friend for not celebrating your friend achieving her goals. That's the difference.

What are your life goals Sally?

So don't send a card. Why do you care if anyone else does?

After 15 years in shitty rentals and scrimping for 10 years to raise a £30,000 deposit we bloody well celebrated!!!

It was an extra special celebration as it took so long to get there. Every time we thought we had made it something pulled the rug out from under us. First the 5% deposits disappeared, so we had to save longer. Then lenders got stricter and stricter. If it weren't for help-to-buy we would still be saving and living in unsuitable rentals.

Damn right it's worth celebrating!

How miserable.

sooty

Your friend has just bought a new home which is a massive big deal and good wishes are always a nice thing to receive about something so life changing. You are being a tad mean.

Oooh I bet you're great fun at house warmings OP!

YA also BU for using 'gifted' as a verb.

Smacks of jealousy there a bit op

A new house is a new home, always cause for a celebration!

Stop being such a sour puss

Your other friend sounds lovely. You are being unreasonable.

Congratulations for new homes cards have been around for ages haven't they? Never heard of congratulations on a mortgage card though.

FWIW I dont think I will ever have a mortgage so that might cloud my view. I certainly dont understand the big thing with buying houses that there is in Brittain. No other country seems as obsessed with getting on the property ladder as Brits do. Then again our renting norms are completely different to those in other countries too.

I think given the responses you have your answer.

I will probably never be able to buy. YABU.