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how old were you when you bought your first house?

and if you were young (25ish or younger) how did you do it?

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Original post by Marshmallow9999
and if you were young (25ish or younger) how did you do it?


21, in those days building society/ bank managers had more autonomy and when he saw what we were paying for rent he approved our mortgage, even though the salary multiplier didn't give us enough. It's so bad for young people these days, I can't imagine my children ever getting a mortgage :-(
(edited 8 years ago)
I'm not in the cool squad yet. Maybe one day...
Reply 3
Avatar for Reue
Reue
20
26
how?

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Original post by Reue
26


how much do you pay off a month and how long left? :-)

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Reply 6
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Reue
20
Original post by Marshmallow9999
how much do you pay off a month and how long left? :-)

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£900, 23 years without over payments
Reply 7
Avatar for M14B
M14B
18
Original post by Marshmallow9999
and if you were young (25ish or younger) how did you do it?


Somehow I do not think you will find many people here who own their home.
(The letter S in TSR, stands for student.)
Reply 8
Avatar for ABsmazing
ABsmazing
about 5 playing monopoly. I bought a train station and a Hotel aswell.
21 - i started a business aged 17. I've paid it off now and looking to buy another (few years older).
Original post by ABsmazing
about 5 playing monopoly. I bought a train station and a Hotel aswell.


Hhahahha


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Original post by Marshmallow9999
and if you were young (25ish or younger) how did you do it?


You realise average age on this forum is 18-21.
Original post by Death Grips
You realise average age on this forum is 18-21.


I know, but I've seen a few home - owners and stuff on here because there's a lot of upper class people it seems ahahaha
At age 26, when I finish this doctorate and so can get a mortgage.
I'm 18 and thinking about buying somewhere. De to start a job at 16.5k going up to 20k a year and I've already got a 10% deposit.
25, my Mum lent me the deposit money
Reply 16
Avatar for Reue
Reue
20
Original post by kpizzle17
25, my Mum lent me the deposit money


You mean she gave you the deposit money? As a mortgage provider would not have lent to you if you had borrowed the deposit :wink:
Original post by Reue
You mean she gave you the deposit money? As a mortgage provider would not have lent to you if you had borrowed the deposit :wink:


yeah, isn't it "gifted" or somthing?
Reply 18
Avatar for Reue
Reue
20
Original post by beeninetytwo
yeah, isn't it "gifted" or somthing?


Exactly
Well I've not got a house yet but I did start renting at 20 under forceful circumstances.

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