Financial era moan

:bang:

Just goes to show it's not just girls Alex's inexperienced with.

It doesn't make a diff what job you do, as long as your job is on a permanent contract. RBS do income multiples of 4.9 x your income. On interest only on a 100% basis it would work out at £440 a month roughly and on a 95% basis about £360 so tbh its not that much more than what people pay in rent if not less

Interest only is for mugs.

depends what your buying for, if its your property then yes, if its an investment then not necessarily. in the first 10 years you pay mainly interest on your mortgage anyway

i pay all this now. on 10000

This is what I was referring too.

your just don't understand me, the part in my post that said,

'i know a bank won't give me a mortgage with monthly payments of £866', refers to the fact that i know its not that easy and it goes on your annual income.

I'm just trying to wrk out whether Alex has got his head in the clouds or up his arse.

fuck you you don't have any idea what i can afford and what i can't

im on £21k and theirs no way im moving out yet, ive thought about it but it'd leave me with hardlies any money. im happy paying £100 a month all in to me mam at the moment.

what the fuck do you do with all yourmoney, if you were my son and earned that much i would kick you out

Alex> I know what lifestyles various salaries can afford, so unless you've got savings/inheritance then you're day-dreaming.

Pete> You should be fucking embarassed. Earning tht much and still living at home? Have a word.

mate i wish i knew

i come out with £1350 or something and i end up with no money after 2 weeks of being paid

i need to sort out me finances badly

im a temp, if i leave home then get finished i'll be up shit creek. plus im going in the RAF soon

Fair enough

yeah but not everyones lifestyle is the same, so you haven't a fucking clue what i can afford.

i can afford to live fine now on £10,000 a year, how would it not be possible for me to get a house and still live happily with an extra 8000 in my pocket each year.

me lee and another mate were thinking of buying a brand new house. i thought hard about it but decided against it cos of the job situation and the fact i wouldnt want to get into a mortage with 2 mates.

how do u live on 10k a year with rent and shit.

i must have shitlaods of debt if im struggling on my 21k

yeah i pay everything rent, bills, council tax, clothes food. and still have enough to go raving