To ask how much your first home cost you?

[redwinegulper]

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

£120k in 2005, bought with DH aged 28 and 26. We saved and saved to have enough for a deposit. We'd been renting for years before that.

£36k for a 2 bed terrace in London in 1993. It was in probate and needed some modernising. Mortgages then were based on 3 x a single person's salary or 2.5 x a couple's IIRC.

2007. 140k for a back to back in Leeds. The next year there was a big crash!

£105k for a modernish (built mid 90s) 2 bed flat in Glasgow in 2009.

My Mum helped me with some of the deposit as my grandparents had passed away a couple of years before and she had inherited, I paid the rest and associated costs by working a second job in a bar for a couple of years beforehand.

Two bed terraced in SE London in 1998 for £74K.

135k in 1997
3 bed grade 2 listed cottage in kent village, I loved that house !

£12.5k for a new build, 3 bed detached up North.

Mind you it was 1978! (‘Twas quite a bit of money then. DF was earning £65 per wk in a very senior hospitality post and I was a p.a. earning £2600 per annum. ) 😳

DF - fiancé - has been DH for 40 years now.

£38,000 in 1989 for a tiny terrace in East Cheshire. I was 18 and partner 24 we saved £1,000 for deposit and had a first time buyer mortgage that only needed small deposit. Got stuck for a few years in negative equity then managed to part ex it for the price we paid for it.

90k for 2 bed mid terrace (only 4 houses long, mind) last June. In Leeds, 15mins on the bus to the centre

£500k in 2017 in zone 2 London. I was 25 and had help.

£52 in 1995

2 dbl beds, bathroom, kitchen, lounge.
2006 we extended to the side, we now have 3 beds 1 is en-suite. Family bathroom, dining room, utility and down stairs loo.
No idea how much it's worth now, although going by the 3 beds along the road, approx £350.

£325k in London zone 2 in 2002. Bought joint with DH (DP at that time). Parents helped with the deposit.

£19 000 in 1985 for a pleasant 2 bed semi in Kendal.

And I earned £5750 a year which was a good salary for a recent graduate!

I think it was £400k ish (how do I forget ) in 2014
DH and I had both lived with our parents prior to getting married so both had savings, plus he had an inheritance

Sold it in 2017 for £512k and still miss it!

To whichever utter twit said this And to those who couldn’t live at home past 18 , was it because you wanted to live with your boyfriend?

No. It had something to do with my parents having too many kids. My mother had been making it clear since the last one she had when I was 14 that I wasn’t welcome except as a skivvy for her younger kids, and my father was a domineering misogynist who had the attractive habit of throwing things though windows when his football team lost or whatever other excuse he found.

You have seriously pissed me off with that snide rubbish that clearly shows no thought for the reality of other people’s lives at all. Typical middle class Brit, thick and ignorant as mince.

1999. I was 19. It was a little 3 bed terrace and was 15k. Needed some work, but nothing massive.

£75K in 2005 for a 3 bed semi, sold it last year for £110k we got a 110% mortgage we were early 20s with not a saving between us. The interest rates where rubbish my mortgage is double that now and i pay £200 a month less!!

Throwing - I think I may be the utter twit you’re referring too although as this thread is from last year I cant recall the majority of my comments .
I still stand by what I said . Imo the majority of people who leave home at 18,19 do not do it because they have no other choice . I don’t doubt that many are in your situation and for that I am truly sorry .
Many of those who have bought a house have had to make many many sacrifices to do so . I include myself in that .
I don’t consider myself to be middle class at all . Thick is debatable.

£110,000 for a 3 bed terrace in the midlands in 2003.

Bought a detached two bed cottage in small town in central Scotland for 17k. Used money from 20k given by company when my husband died at 33 leaving me with 2 small children. It needed a fair bit doing, most of which I did on the remaining 3k. The central heating had to wait another 2 years til I’d saved up!

£70k for a 2 bed semi in Bedfordshire in 2000. Sold it in 2007 for £150k (had people fighting over it). Invested into dhs house and mortgage is now paid off on 4 bed extended detached (house is like Trigger’s broom, it’s on its 3rd kitchen )

£62,000 in 2016. It's a 3 bed mid terrace. It still needs some work but we're doing it when we can. It's in a less desirable area in central Scotland but it's all ours! The mortgage is only in my name and I won the money for the deposit. I feel very fortunate. Especially as I've been able to get a mortgage break to see us through just now.

Purple so it is, one day I’ll learn to check dates. No doubt I over reacted to something that hit me across the face as I was lazily skimming through.

I don’t agree with what you think though, it is difficult to say. Britain has become a two tier society with virtually no communication between the two halves. I hear of the occasional 18 year old you describe: I see many more in at best overcrowded conditions or worse. Most people I know who do own their own expect kids to stay with them for the foreseeable. I also don’t like systems which effectively require adults to stay with their parents and judges them when they don’t. It’s normal for adults to want to fly the nest.

25k in 1981, DH and I had been married for 9 years and had saved up a deposit over that time whilst paying rent and on low wages no-one helped us my own parents lived in a council property and had no money to spare we just went without