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 Is buying a house really better than renting if it means you'll have less disposable income to save?
...


 Hi, we are renting a flat in a building with 5 flats. Each flat has its own door,?
but there is a communal door that we enter the building through.

Tenants in the building tend to slam the communal door and their own door also. It is really loud and disrupting. They slam ...


 (UK only) is it legal to buy a piece of land then live on it in a caravan?
some people manage to do that, but I also heard that the rest of us can only do it with planning permission, which they don't give unless you're building your own house on the plot of land ...


 My Real Estate agent wants me to write a good faith check for a house I want to make an offer on.?
Is this common to write a good faith check,He was standing his ground and did not want to make the offer without the good faith check.Shouldn't he atleast grant my request,to see what happens,a ...


 Landlord illegally subletting housing association house, now faced with eviction, help!?
My fiance and I have been privately renting a house for 3 months now, and 3 days before christmas, a lady from a local housing association knocked here and informed us we were illegally subletting ...


 Is it ok if i i move into a bad neighborhood? ?
im 23 never been on my own. i always wanted my own place. ive been accepted to move in an section 8 apartment. they told me i can move in this sometime this week. i really want my own place. ive been ...


 Applying for a loan for a second house.Can I put in the presumed income I will get renting out my 1st home?
I own the home I live in right now. If I want to buy a second home to move into and rent out the one I am currently living in, how would I show this on a loan application? Currently my home ...


 What do financial people think will happen to house prices?
We are thinking of cashing in our savings including ISAs to buy a second home, due to the dreadful savings rates. We would use the second home as a holiday home, would not want to rent it out.
W...


 How do I evict squatters?
My grandmother passed a year ago. My brother and sister and I were the only living heirs to her estate. The home is still in probate, with me being the legal representative. My brother and his wife, ...


 Do you think offering 200k will be considered?
this house has been for sale for about a month (in Michigan) with the economy being so bad and houses not selling, I was wondering do you think the seller would expect 200k cash offer. Well, would ...


 How long before I can reapply for a home loan?
I was recently told because of two items on my credit report that I would not be able to get a home loan, they said once they were off, to reapply. If I pay them off next week, could I reapply then, ...


 Does anybody has tips for first time home buyer who has filed bankruptcy?
I am in the market for a new home and earn 30k a year i live in the state of illinois....


 Will my house price decrease by turning a small bedroom into a bathroom?
I have recently purchased a terraced property where the bathroom is downstairs, upstairs there is 3 bedrooms although one is quite small and located off the main bedroom, if I turn this into an ...


 Does a washer and dryer typically stay with the home when you buy a house?
the realtor said he was gonna ask if the owners to leave the appliances. does this include the washer and dryer? he really only talked about the kitchen appliances so i was ...


 I was mislead by my realtor was what they did illegal?
I recently entered into a contract to purchase a home. When we made an offer my realtor talked me into raising my bid because she said there was already one offer being presented at the same time as ...


 My apartment lease forbids installation of air conditioning units?
Does this include portable air conditioning units? There is no installation or change to the walls or windows. Electricity is included in my rent....


 Is it possible to buy a house on benefits?
I have heard that it is possible to buy a house on benefits, is this true?
Additional Details
My rent is £825 per month. Housing benefit pays £700 of this leaving me a short fall of £1...


 Are you worried about not owning your own property?
Hi

For those of who who aren't on the property ladder yet do you worry about not owning your own home?

I worry because i'm 26 my boyfriend is 27, we have a baby and ...


 What rights do i have as a tenant?
For example: the landlord/housing association coming in to rewire house. And my decorating will be defaced. Am i entitled to compensation?...


 Is it necessary....?
My husband and I plan on starting business in real estate investments. Is it completly necessary for us to have a professional business plan written up in order to receive funding?...



private
Is is possible to buy an apartment in London for 100K ???
                     
 




Clem
Rating
Depends what you mean by 'London'. If you are talking about central London, considering a converted broom-cupboard has just sold for £150k (see link below!) I would say no, you can't buy an apartment for £100k in London (unless you want so cockroach infested place that needs a total refurb!)


jamand
You may be able to buy a run down garage for that - but I doubt it!

Last year, a garage with no windows, roof and a half broken door sold for £130,000 - it was converted to a small bedsit for use during the week by some nobhead businessman with more money than sense


pagreen1966
No of course you can't!

Ashford in Kent is your best bet.

You can still pick up an apartment for less than £100K and once the fast train link to London arrives in 2009 it will take you less than 40 minutes to reach central London.


MoB uK
Rating
You wouldn't want to live there. This would be a one roomed (not one bedroom - one room total) in one of the least desirable parts of London, or at least very far out from the centre of London.

Look on
http://www.rightmove.co.uk/
to browse for flats, and check prices of recent sales on
http://www.ourproperty.co.uk/

That's a real tight budget.

If you have 100K, US$ or GBP, look at getting a mortgage. With that as a deposit, you'll get favourable mortgage rates and if you only need it for a short period, you shouldn't lose out. Rent is dead money... Buy and invest


angelina.rose
Rating
You'd be lucky to find an apartment for £100k anywhere in the South East. I'm afraid for that money you are looking at a garage (or possibly a bedsit/studio apartment outside of London).

If that is all you can afford then maybe you could consider buying with a friend or partner? Or buying through a housing association 'part buy, part rent' scheme?

Good luck honey - it can be tough to get on the property ladder but it's worth it in the end


ufo18
Rating
you may be lucky, but avg one bed is £180k , same place ten mile out £90k


nicolefrenzy
Rating
no i doubt it very much


mjammy1978
Rating
yes it is possible but you will spend alot of time looking, also consider ex-council property as they are slightly cheaper

look on these sites and see what you think

www.primelocation.com

www.rightmove.co.uk

and also www.a-r.co.uk this is an auction site

their next auction is on the 14th of feb it starts at 11am

i hope this helps


scrummy mummy
Rating
no not at all i paid 260k for mine. you could have a shop around to see if you could see anything


aunty m
YOU MAY GET ONE FOR THAT,BUT IT WILL NEED A LOT OF WORK DOING TO IT,OR IT MAY BE IN A BAD AREA. HAVE YOU THOUGHT ABOUT PART BUY PART RENT,THIS ENABLES YOU TO BUY A MORE SUITABLE PROPERTY,THAT YOU MAY NOT BE ABLE TO AFFORD NOW,YOU BUY HALF NOW AND PAY RENT ON THE OTHER HALF TILL YOU CAN AFFORD TO BUY IT OUTRIGHT.


silly gorbie
No


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