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> How did our parents buy houses, The Lady
Nothing Much
post Jul 10 2014, 05:47 PM
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Any thoughts.
Any thoughts?
The lady maybe
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Andy Capp
post Jul 10 2014, 06:05 PM
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Mine was via the 'great' Thatcher give-a-way. There was no chance of owning one otherwise. The only people I knew who were home owners were builders or white collar workers.
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Turin Machine
post Jul 10 2014, 06:11 PM
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Tied house for mine, which is why I decided early on I was going to buy my own.


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Bloggo
post Jul 21 2014, 10:52 AM
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QUOTE (Turin Machine @ Jul 10 2014, 07:11 PM) *
Tied house for mine, which is why I decided early on I was going to buy my own.

When I decided I wanted my own house, I saved and I took an evening job to earn some extra money and I stopped smoking and drinking.
It wasn't easy but it had to be done.


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Berkshirelad
post Jul 21 2014, 11:30 AM
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100% mortgage backed by employer and payments taken direct from salary.

Oh, and by the way the price if a 3 bed semi was 3.2 x salary then.
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blackdog
post Jul 21 2014, 11:47 AM
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I bought my first house by borrowing as much as I could (2.5 times salary), borrowed some more from my parents, and took in two lodgers to help pay for the borrowing.

I was lucky - house prices were comparatively lower, my parents could afford to help out (I repaid them as soon as possible) and inflation kicked in and rapidly reduced the value of the mortgage.
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blackdog
post Jul 21 2014, 11:53 AM
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Answering the original question - my parents moved out of rented accomodation in their 40s, when my mother's parents died and she inherited enough to buy a house.
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Nothing Much
post Jul 21 2014, 03:05 PM
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Soon after arriving on this world I became part of the evacuation of Persian oilfields and the major refinery ports.
I was a nipper and we ended up in a rather posh area of Middleton-on-Sea.

I had a mooch round the village with my brother a while ago.
And as we left the area the conversation revolved around how the heck did we end up there?

It seems that there was a fair amount of requisitioning of empty or unused property.
And there was an old lady living with us, certainly not the owner.

This did cause stress for those returning from Far East internment after the war.
Looking at Times on line from those days the matter was never resolved for the homeowners.
I ended up in another hot country a short while later.

I think my parents rented through "small ads" in The Lady.
And then when NM minor was on the way they did the same.
Another advert. It wasn't a viewing...more of an interview.
ce
So Woolton Hill was home for a bit.
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Biker1
post Jul 21 2014, 08:19 PM
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Got some GCE's, got an apprenticeship with a decent employer, went on to decent job with them, saved up a deposit and got a mortgage.
Think the house (end semi) was £17,500!
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JeffG
post Jul 21 2014, 09:50 PM
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QUOTE (Biker1 @ Jul 21 2014, 09:19 PM) *
Think the house (end semi) was £17,500!

Or maybe a palace... My first house in a village near Chippenham (new build semi) cost £4,500 and I had to take on extra work to save up the deposit for a (I think) 90% mortgage. Would have loved one of the detached houses just down the road, but at £5,000 they were way beyond my means.
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NWNREADER
post Jul 21 2014, 10:31 PM
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How did our (my) parents buy houses?
They saved, took 2nd jobs, worked to a budget based on what they had. No glamorous holidays, no flashy possessions, no prepared meals (not that they existed) and no waste.
Walked to the shops - and back unless the bus was near.
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Biker1
post Jul 22 2014, 05:14 AM
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QUOTE (NWNREADER @ Jul 21 2014, 11:31 PM) *
How did our (my) parents buy houses?
They saved, took 2nd jobs, worked to a budget based on what they had. No glamorous holidays, no flashy possessions, no prepared meals (not that they existed) and no waste.
Walked to the shops - and back unless the bus was near.

Same here and in most cases I should imagine.
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Andy Capp
post Jul 22 2014, 08:14 AM
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QUOTE (NWNREADER @ Jul 21 2014, 11:31 PM) *
How did our (my) parents buy houses? They saved, took 2nd jobs, worked to a budget based on what they had. No glamorous holidays, no flashy possessions, no prepared meals (not that they existed) and no waste. Walked to the shops - and back unless the bus was near.
QUOTE (Biker1 @ Jul 22 2014, 06:14 AM) *
Same here and in most cases I should imagine.

They had to get up in the morning at ten o'clock at night half an hour before they went to bed, drink a cup of sulphuric acid, work twenty-nine hours a day down mill, and pay mill owner for permission to come to work, and when They got home, their Dad and our mother would kill 'em and dance about on their graves singing Hallelujah.
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Turin Machine
post Jul 22 2014, 09:33 AM
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You were lucky!


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Andy Capp
post Jul 22 2014, 12:28 PM
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QUOTE (Turin Machine @ Jul 22 2014, 10:33 AM) *
You were lucky!

I s'pose you had it tough!
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NWNREADER
post Jul 22 2014, 01:25 PM
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This were our first house.
They built flats across the road......
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Andy Capp
post Jul 22 2014, 03:47 PM
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QUOTE (NWNREADER @ Jul 22 2014, 02:25 PM) *
This were our first house.
They built flats across the road......

Careful, you'll be giving Simon ideas!
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Simon Kirby
post Jul 22 2014, 07:23 PM
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QUOTE (Andy Capp @ Jul 22 2014, 04:47 PM) *
Careful, you'll be giving Simon ideas!

Ha! laugh.gif


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Strafin
post Jul 22 2014, 09:26 PM
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QUOTE (NWNREADER @ Jul 22 2014, 02:25 PM) *
This were our first house.
They built flats across the road......

Lol!
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Andy Capp
post Jul 22 2014, 09:34 PM
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QUOTE (NWNREADER @ Jul 22 2014, 02:25 PM) *
This were our first house.
They built flats across the road......

I see they built a lot of flats in SportsDirect!
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