I hate London property prices

[Lolaredingfield10]

I was born, raised and still live in Uxbridge, Greater London.

DH and I have been saving up for a mortgage for years. Our Budget is £250,000

We have 2 DC under 10, we'd like a 3 bed semi with a garden in Uxbridge, even Hayes would be fine but the prices are all £400,000 +

The best we can get with our money is a 2 bed flat in our area and it's utterly depressing.

We don't want to leave London, I don't understand how anyone can afford these prices but Houses are being snapped up.

Surely this can't last. We can't decide between trying to save up for a bigger deposit and waiting a few more years or just settling somewhere else in England.

We bought a 3 bed semi as our first property 5 years ago for about 360k, we sold it 2 years later for 590k! It's ridiculous what's happened to property prices in London.

As it happens we left London - we bought a large 4 bed detached for under 350k.

Completely empathise OP. DH and I got a shared ownership flat 6 years ago, sold it 2 years ago and had to live with parents for a year before affording our current home. Still only ended up with a 15% deposit overall despite saving as hard as we could over the years because house prices are so bloody ludacrus. Buy the flat in Hayes, Crossrail comes along in 3 years so it will only go up in value. Then move further out.

Out of control - was looking my area only the other day and one bedroom flats start at about 310k. Madness.

We love our location, I can't imagine ever leaving, our entire families are here. I think we'll have to just buy a flat, we need to get on the property ladder, prices are just unbelievably ludicrous, how on earth are they so pricey.

We used to live just north of Uxbridge but I went to a toddler group there. I used to be amazed at all the people that had houses and wondered how on earth they did and we never would!

We moved away.

London doesn't need more houses /flats, the infrastructure can't cope. Government needs to encourage businesses to move jobs out of London

I live in Uxbridge & prices have gone completely mental in the past few years. Houses that I was looking at 2.5 years ago around £320k are now £450k.
I would seriously consider a flat as a stepping stone if you 100% want to stay local. Hopefully crossrail will have a positive impact in West Drayton & Hayes price wise, but maybe bear in mind secondary schools when you're buying unless you're certain of a faith school place

Sorry no sympathy for anyone complaining about London prices. Its an awful awful overpriced overrated place and no-one in their right mind should consider raising a family there.

t4 people don't have sympathy with goady fuckers either

Well that's helpful t4nut

Where should we consider raising our families then?

OP we have a 2 bed house which is plenty big enough for us with 2 dd in SW London. Our house would cost us at least £100,000 more now than we paid 5 years ago which is just bloody stupid IMO.

I occasionally daydream of selling up and moving out of London but DH works in the City so we couldn't go too far and prices in commuterville are even more ridiculous.

As a starting point anywhere but London....

2 helpful posts. Don't wear wear yourslf out there.

For people in London centric jobs or who were raised here and have family here it's just not that simple. Really.

It is. You move.

I live in Uxbridge too. It's not actually in the middle of London t4nut, it's a lovely leafy west London suburb. It is a great place to live actually, and you are very very rude!

I feel your pain OP, the prices have gone totally ridiculous the last two years, as all the peeps that can't afford to live closer into town are buying out here in the burbs.

Our very ordinary (but lovely) 3 bed semi is now worth £450k, but would be worth a million in Chiswick.

What about Charville end of Hayes? Hayes end is still a bit cheaper? Cowley?

t4 My criteria for living is not being anywhere close to goady, daily mail reading twats like you. Get a life - lacking attention are we so feel the need to get it online?

Oh dear, easily upset?

Complaining about London prices gets you less than zero sympathy from 90% of the country. Live somewhere better.

How about some of us love London in every way but house prices and think that it's a brilliant place to raise a family. Some of us have our whole lives and families in London and don't want to live somewhere else as we think is one of the great cities in the world? It's just a bloody fortune

t4, what do you think people with jobs that are only found in London should do? And on the other hand, would it really be okay if teachers, nurses, and other essential public sector workers could no longer afford to live in London?

What's wrong with raising a family in London?
Some of the best schools and facilities in the country. And importantly for some, the best hospitals.

Toddle off to bed with your goady views and jealousy

spare yes I am betting t4 is one of these people who has never even been to London or outside their "little bit of England". Probably worries about immigration and "foreigners" too

OP, I feel your pain. We have just bought a house as we needed more space (hello DD( and we've compromised on location rather than size.
I'll have to suck it up with the commute but with our budget we didn't have a lot of choice! Madness.

What jobs only found in London? MP? Beefeater?

Its an awful place for kids - crime, violent crime, no go areas and toxic levels of pollution. Best schools in the country? No - most highly funded receiving twice the levels elsewhere in the country get (but not for much longer when the fff kicks in).

OP, do you drive? Trying to work out how far from Uxbridge is viable.

T4nut comes into all housing posts and behaves toady. Just ignore them.

I think you're right to get on the property ladder op. In a few years I bet that flat will sell for a substantial amount more than what you've bought it.

That was meant to be goady...