Cheapest place in the UK to buy a house?

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  • holnrewholnrew Frets: 8207
    DiscoStu said:
    Except if you eat my yoghurt. 
    That's kind of the point of the deep throating.
    My V key is broken
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  • fretmeisterfretmeister Frets: 23963

    you should move to Ireland then

    Supply demand/here means that most countryside houses are pricey

    In Ireland there is a glut, from the "Celtic Tiger" boom, you can buy nice new houses for £20-£30k, look on daft.ie in places like Mayo


    Just wait until they build the wind farms. Then they'll be £8.50 each.

    Or something.
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  • fretmeisterfretmeister Frets: 23963
    What if my budget does not exceed 10k? Flats are OK to. >:D<

    Some of my mates got £50K between them and bought 4 houses in some shit hole somewhere near Sheffield. They were boarded up, former crack dens.

    They are now nicely decorated and earning money. The entire area is still shit, but ripe for re-development.

    That's what they hope for in the long run.
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  • ToneControlToneControl Frets: 11790
    check out Liverpool, you can pick things up at auction for 35k on decent streets
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  • luscombeluscombe Frets: 155
    I think the street in Birmingham where they filmed 'Benefits Street' should be cheap.
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  • CacofonixCacofonix Frets: 356
    What if my budget does not exceed 10k? Flats are OK to. >:D<

    Some of my mates got £50K between them and bought 4 houses in some shit hole somewhere near Sheffield. They were boarded up, former crack dens.

    They are now nicely decorated and earning money. The entire area is still shit, but ripe for re-development.

    That's what they hope for in the long run.
    That'll be Edlington then.

    Or the Manor Estate.  Don't go in there.  Seriously.
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  • EvilmagsEvilmags Frets: 5158
    London´s mental these days. Glad I bought at the end of the 90s. The world would have been a better place had the state not destroyed my pension and not inflated houseprices though.  It is practically impossible to get land for New build and so many industries force people to live there that prices will stay that high for ages. Yet the biggest Landlord in Camden is the state. There are posh bohos in Chelsea in 3 million quid flats they rent cheap off housing associations so if you really want to live there and know how to play the game (Manic depression is pretty easy to fake if one of my ex bandmates who had a pied a terre just off Spittlefields market thanks to the taxpayers largesse is anything to go by.) it can certainly be done.  
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  • thomasross20thomasross20 Frets: 4423
    High house prices are probably the biggest chip on my shoulder about the UK (other than the weather, and the yobs!). 
    It's a little better in Scotland but not by much. I almost bought 5 years ago but I'm so glad I never. One friend who bought back then recently sold at a loss of £51k! I still think prices are unsustainable (hence government schemes) so I'm holding out. In truth, I've been able to invest my money and I can freely move abroad (which I almost did last year) so I don't mind not owning for now! Did you see the BBC News story about the banks being asked to check if they can withstand a 35% house price drop, and a similar fall in the indices? 
    BTL is something I particularly don't like. I really don't think the UK is a good place for young people with decent prospects - I'm only still here because of the girlfriend.
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  • ToneControlToneControl Frets: 11790

    BTL largely exists because the government scaled down social housing.

    Personally I think the country was doing a crap job of providing social housing, but I still think the state could have done it properly. As it is, there's nothing immoral about people (who have saved up or borrowed cash) buying and providing decent quality accommodation

    For those in reasonable-paid work: it's a (sort-of) capitalist country, BTL speculators are a symptom of stupid house prices, not the other way round.


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  • thomasross20thomasross20 Frets: 4423
    I can see the pros and cons but personally I'm against it. I think it is a tad immoral - it takes housing stock away from those who could otherwise buy, limiting housing stock, pushing up prices, and there's no limit to how many you could have. There are some in my office who came over from Asia who now own in excess of 10 houses each to rent out. Neighbour below my girlfriend lives in a BTL flat and the landlord doesn't give a hoot if they play drum n' bass until all hours, as long as he gets his rent money. I get it, Brown ruined pensions, this is a way to help for retirement etc (actually I think it's not such a great investment but that's another matter) but nope, I'm dead set against it 100%, sorry :)
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  • ToneControlToneControl Frets: 11790

    This is not a black and white situation

    If BTL landlords did not buy houses, where would people live who cannot get a mortgage ?

    If people could then magically buy houses, they could play D&B all night just the same

    This Brown=Bogeyman comment I see everywhere is much too simplistic. The conservatives also used to tax pensions, and still tax the same way as Brown did AFAIK. Looking quickly around for an analysis, this one shows a bit more than the Daily Mail perspective: http://www.bbc.co.uk/blogs/legacy/thereporters/evandavis/2007/04/that_pensions_raid.html


    We have a very high percentage of home ownership here. This is not typical in all countries, so there's no "correct" amount of BTl

    Anyway, BTL landlords don't dictate house prices, they react to them, I think you're looking in the wrong place for a villain. Also, how is BTL any more immoral than any other business? I fail to see it


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  • chillidoggychillidoggy Frets: 17136
    I think we can all rest easy: Mr. Milliband is promising to sort out all this buy-to-let stuff, and banish the evil landlords to the hinterlands.


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  • ToneControlToneControl Frets: 11790

    Looking up the Milliband promises, I found a nice quote from "socialist economist" Assar Lindbeck: "the only thing worse for cities than rent control is bombing them."   http://en.wikipedia.org/wiki/Assar_Lindbeck

    Why do we need caps on rent? I thought the free market sorted out prices

    Longer tenancies would be OK if tenant controls are also available to protect landlords

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  • luscombeluscombe Frets: 155
    I think we can all rest easy: Mr. Milliband is promising to sort out all this buy-to-let stuff, and banish the evil landlords to the hinterlands.

    I have a couple of rented properties, and I can tell you buy to let is not all milk & honey. Ed Milliband will probably try to appeal to the Loony Left, the Socialist non-worker party, and all the other non-productive idiots by appealing to their envy. But this will not sort out the housing issue. Landlords provide a resource that all political parties shy away from. They should not be demonised in this childish way.
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  • thomasross20thomasross20 Frets: 4423
    I'm not going to comment any more on this - it does get my back up and my viewpoint will never be changed on the subject.
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  • snakemanStoosnakemanStoo Frets: 1708
    Burnley is pretty darn cheap £14k terraces
    It does mean having to live in Burnley though
    PSN id : snakey33stoo
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  • EvilmagsEvilmags Frets: 5158
    It s really simple. Release a lot of land and let people build on it. I´d start by just giving every council tenant their house, and reclassifying large swathes of land as residential and buildable. But the combination of NIMBYism and the fact that high house pries are popular with the 60 odd percent of the population that own houses means that is unlikely to happen. All rent control will do is restrict the amount of poerties availiable to rent and make things worth. Milliband´s wilful ignorance of simple economic laws and history is frankly frightening. The guy is a complete idiot. How the hell did his brother not win th leadership contest?
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  • Phil_aka_PipPhil_aka_Pip Frets: 9794
    Evilmags said:
    It s really simple. Release a lot of land and let people build on it.
    This is already happening. 500 houses are going up on the northeast edge of my "village", similar is happening in a lot of places. Oly makes the property developers happy, nobody else. The houses are shit-modern-ugly and the people who will live in them will not be from round here, in all probability they'll be townies with townie attitudes who will want our village to turn into a town. They'll demand more "infrastructure", shops, carparks, entertainment etc.

    There's nothing wrong with NIMBYism, I'm all for it.
    "Working" software has only unobserved bugs. (Parroty Error: Pieces of Nine! Pieces of Nine!)
    Seriously: If you value it, take/fetch it yourself
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  • JAYJOJAYJO Frets: 1526
    edited May 2014
    Evilmags said:
    It s really simple. Release a lot of land and let people build on it.
    This is already happening. 500 houses are going up on the northeast edge of my "village", similar is happening in a lot of places. Oly makes the property developers happy, nobody else. The houses are shit-modern-ugly and the people who will live in them will not be from round here, in all probability they'll be townies with townie attitudes who will want our village to turn into a town. They'll demand more "infrastructure", shops, carparks, entertainment etc.

    There's nothing wrong with NIMBYism, I'm all for it.
    Would that be Oly murs or Oly veradi?  :)
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  • Phil_aka_PipPhil_aka_Pip Frets: 9794
    JAYJO said:
    Would that be Oly murs or Oly veradi?  :)
    Oly typo ;)
    "Working" software has only unobserved bugs. (Parroty Error: Pieces of Nine! Pieces of Nine!)
    Seriously: If you value it, take/fetch it yourself
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