The most modest house I could find last time I looked (about 8 years ago) was £200k and they wanted a deposit of £80k because my income was only the national average.
No life, because if you were saving £10k a year on minimum wage then at the current rate you’d have about £10k/year after tax to cover all bills … remove car & insurance (or public transport costs), a single rented room including utilities at the normal rate of about £500/month, plus tax etc, and you wouldn’t have much money left over.
That’s fair, for most of my life I’ve had to commute further than public transport could take me … and now you come to mention it, I did once buy a flat for £20K (though it needed everything)
Sounds not too far off the house we got tbh. Though no obvious signs of smoking, just a musty damp smell. Replacing the 4 layers of wallpaper was fun and then plastering the patches where the plaster just about fell off the wall.
Indeed. I once dated a girl who left dead flies on the windowsills as a deterrent to the other flies, but didn’t think to clean out the moody fruit in her kitchen.
She’d been in foster care from the age of 12, and had zero preparation for life.
5x20=100
The most modest house I could find last time I looked (about 8 years ago) was £200k and they wanted a deposit of £80k because my income was only the national average.
No life, because if you were saving £10k a year on minimum wage then at the current rate you’d have about £10k/year after tax to cover all bills … remove car & insurance (or public transport costs), a single rented room including utilities at the normal rate of about £500/month, plus tax etc, and you wouldn’t have much money left over.
Cars cost a shitload, so I didn’t get one and just walk/cycled to work. Spent that money on rounds at spoons instead.
Also plenty of flats for less if you are buying on your own. Expecting an entire house on your own is probably a bit much for most people.
That’s fair, for most of my life I’ve had to commute further than public transport could take me … and now you come to mention it, I did once buy a flat for £20K (though it needed everything)
£20k sounds like a long time ago or a complete dump. But a bit more can get something alright. Depends what you want to spend of course.
I either moved to walking distance of work or only looked for jobs I could walk/cycle to.
I didn’t have the option of moving or being selective about jobs.
It was a complete dump. A little old lady had died there, she was a chain smoker and nothing had been cleaned or fixed in the previous 30 or so years.
Sounds not too far off the house we got tbh. Though no obvious signs of smoking, just a musty damp smell. Replacing the 4 layers of wallpaper was fun and then plastering the patches where the plaster just about fell off the wall.
Well, I’m glad you managed to find a place, and that you’ve got the necessary wits about you to make it a nice home :-)
Necessary wits being hey let’s remove the peeling wallpaper and paint this room!
Followed by - oh shit why are bits of wall coming off with it. Why is the bare block behind visible. YouTube, how do I plaster a wall?
Indeed. I once dated a girl who left dead flies on the windowsills as a deterrent to the other flies, but didn’t think to clean out the moody fruit in her kitchen.
She’d been in foster care from the age of 12, and had zero preparation for life.