First Property

[TheChipPrince]

Easier to get in touch with them and get it sorted asap otherwise it may take them a few months and you'll be hit with a bigger bill for the lot you've missed out on so far.

Not so much the actual bill i'm worried about, happy for the £ to sit in my account gaining interst for a few months, just whether they clobber you even more if you dont notify them ect etc...

[jizzemm]

Easier to get in touch with them and get it sorted asap otherwise it may take them a few months and you'll be hit with a bigger bill for the lot you've missed out on so far.

+1 and harder to sort out any overcharges as well.... 

When u get in touch with them, just say its you (You have to put your name on Elec Register, and as long at she has not transfered any bank accounts to your new address) then you will be ok.. Then ask them what happens if a student moves in, what will they have to pay, dont say its your girlfriend. .

[Ismene]

Councils are funny buggers - stick it to them first IMO....

Anyway - fantastic news and hope ur loving every second.

[TheChipPrince]

Easier to get in touch with them and get it sorted asap otherwise it may take them a few months and you'll be hit with a bigger bill for the lot you've missed out on so far.

+1 and harder to sort out any overcharges as well.... 

When u get in touch with them, just say its you (You have to put your name on Elec Register, and as long at she has not transfered any bank accounts to your new address) then you will be ok.. Then ask them what happens if a student moves in, what will they have to pay, dont say its your girlfriend. .

What about 'slave'?

[jizzemm]

What about 'slave'?

you can call her that, not sure I may have to mention it to her though when I pop round for a cuppa

[Josedinho]

Don't contact them.
Moved in 3 months ago. Got a letter from them last week. They think we moved in 2 months ago and have sent us our payment schedule.

[TheChipPrince]

What about 'slave'?

you can call her that, not sure I may have to mention it to her though when I pop round for a cuppa

She'll be locked away...

[TheChipPrince]

Right, having lived/rented in Chester for the last 10 months we're now looking to buy, or at least giving it some serious thought...

My knowledge of Mortgages is limited, I've just tried the HSBC one as thats my main bank, I get something like this

Deposit: 35k

Property worth: 120k

Fixed term: 2/3/5 years?  This is an area I need advice on please...  (I choose 2 for the purpose of this)

Repayment Type: Interest Only/Repayment (again, I need advice here)



Cheers, any help appreciated...

[kinboshi]

With a deposit like that for the property value you're looking at, you should be able to shop around for a mortgage, even in the current environment.

I'm unfortunately in the other boat.  Having to sell my house and am moving into a rented place for 6-12 months before I look to buy again.  Just hope there isn't a miraculous recovery of the economy and house prices rocket in that time.

[TheChipPrince]

Whats the best way to 'compare' different mortgages?  Simply ring them up and see what they offer?

Or any good sites for that?

[kinboshi]

http://www.whatmortgage.co.uk/

Go to Smiths and get a copy of that for starters?

[StuartHopkin]

Worth talking to a mortgage advisor, they have a much better system for researching the mortgages than you can access on the internet.

As Kinboshi said, there is a huge amount of mortgages available to people who are in a sensible position to buy a house. When i arranged mine in April there was loads of stuff in the news about how hard it was still. I got offered over 200 different ones!

Dont even think about taking out an interest only mortgage unless you are going to do something incredibly productive with the £25 you save a month.

Unlucky Kin, in 12 months time house prices will be well on the way back up imo.

[byronkincaid]

Unlucky Kin, in 12 months time house prices will be well on the way back up imo.

what do you base this opinion on? unemployment is going down? wages are going up? interest rates are coming down? taxes are being slashed? banks are lending silly multiples of peoples salaries again? millions of poles are moving to this country and all want to buy houses?

not even really disagreeing with you just interested to know why you think this

[TheChipPrince]

Worth talking to a mortgage advisor

Thanks, how much would I expect to pay for this?

[StuartHopkin]

Unlucky Kin, in 12 months time house prices will be well on the way back up imo.

what do you base this opinion on? unemployment is going down? wages are going up? interest rates are coming down? taxes are being slashed? banks are lending silly multiples of peoples salaries again? millions of poles are moving to this country and all want to buy houses?

not even really disagreeing with you just interested to know why you think this

Not overly any of those points to be honest
The credit crunch has been blown out of all proportion
House prices and demand are already rising slightly
As long as you havent been made redundant your probably better off than you were two years ago