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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To ask how much your first home cost you?

722 replies

redwinegulper · 16/04/2019 00:41

What year was it in, and how did you afford it
?

OP posts:
RomanyQueen1 · 16/04/2019 10:23

meant to say though, it had lots of work needing doing, not just cosmetic and it had an illegal extension we had to sort out with our solicitor, cost not much more on top of purchase fees though.

YouBoggleMyMind · 16/04/2019 10:26

3 bedroom end of terrace.
2014
£21,500 deposit (mostly savings and gifted money from both sets of parents)
£210,000

Worth around £300,000 now.

GPatz · 16/04/2019 10:27

£99k one bedroom flat in Hampshire in 2006. Was incredibly lucky to take advantage of 100% mortgage with Northern Rock then switched to another provider after the fixed rate ended, just before Northern Rock crashed.

CurlyWurlyTwirly · 16/04/2019 10:31

£122k, 1992.sw London.
My parents gave me the £13k deposit, and guaranteed my mortgage and I had 3 flat mates paying me rent to help me pay it off.
Sold it 6 years ago for £600k

Peterpiperpickedwrong · 16/04/2019 10:33

£50,000 in the year 2000. Sold it in 2004 for £115,000.

We saved like mad for a deposit, no nights out, no fancy clothes/eating out/holiday/treats.

ThatssomebadhatHarry · 16/04/2019 10:34

My soul and sanity

CurlyWurlyTwirly · 16/04/2019 10:36

Most people of my age, now late 40s ( early 20s in the 1990s) did well out of property. It was just being able to buy at the right time. I also remortgaged just before Northern rock in 2008.
It was absolute pure luck,

WildFlower2019 · 16/04/2019 10:39

£230,000

3 bed house, link detached in a village on the outskirts of york

Bought in 2018

100Birds · 16/04/2019 10:40

£220000, in 2017.

It’s a big 4 bed terrace in a less than fancy part of Bristol!

The deposit was our savings and 10 grand from my husband’s family

onanothertrain · 16/04/2019 10:43

1 bed tenement flat £28,500 in 1996, 100% mortgage and added fees to mortgage. Had no furniture, they left a washing machine - I bought a fridge and borrowed a TV and a sofa bed.

supadupapupascupa · 16/04/2019 10:47

£28,500 in 1994/5 for end terraced 3 bed. No central heating but otherwise sound. No deposit either, back then houses were advertised "5% deposit paid" or "cash back on completion". We both used the same advisor who made sure the cash back could be used as the deposit.

Spidey66 · 16/04/2019 10:47

£81k 2 bed flat in London in 1995. Expected to move once kids happened but they didn't and we're happy with it so still there. Not sure how much it's worth now....I think about £500k.

ScottishBadger · 16/04/2019 10:48

£40k for a detached 3 bed in 2015 with garden. Paid for outright with inheritance

poppet31 · 16/04/2019 10:54

2 bed flat bought in 2011 for £150k. We had a 20% deposit as DH had lived with his parents all through his twenties so was able to save.

Inferiorbeing · 16/04/2019 10:58

Last year, 235k Shock we were given some money towards it (15k) and had a 35k deposit

Inferiorbeing · 16/04/2019 10:58

3 bed end of terrace in Essex

Willowkins · 16/04/2019 11:06

£21,000 for a one bedroom flat in South London in 1984. My parents paid me to leave home gave me £3000 for the deposit.

MadisonAvenue · 16/04/2019 11:07

£34900 for a new build one bedroom flat in the Midlands in 1991, I was 21.

longearedbat · 16/04/2019 11:09

1983, 1 bed flat in Surrey. £24k.

redbuttons · 16/04/2019 11:14

1971, a 4 bed roomed house with a very large garden in the south, £5,200, Took us 5 years to save the £800 deposit on our £18 a week income.

crocsaretoocoolforschool · 16/04/2019 11:15

£28,500 -and I can remember quibbling over that £500 😂

2 bed terrace in Leeds in need of some work!

1998 and sold it in 2002 for £87k

BlooperReel · 16/04/2019 11:16

£168K, zone 6 London in 2007. We had a 100% mortgage, both worked full time. Sold last year for £270K

Thisismynewname123 · 16/04/2019 11:18

2 bed flat in North London, 2004. Bought for £212k. Sold in 2007 for £272k. So we did really well for owning it for 3 years.

pinkhousesarebest · 16/04/2019 11:23

Forty three thousand in 1994 in NI just before the Good Friday agreement. I sold it four years later for over one hundred and twenty thousand. Tiny deposit of two grand thanks to dps.

Busybusybust · 16/04/2019 11:26

£16,000. In 1976 in Teddington. Sold it 5 years later for £45,000. Now worth nearly £1m.

We borrowed the (10%) deposit from the bank.

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