Jump to content

Search the Community

Showing results for tags 'first home'.

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


  • Property Hub
    • Housekeeping
    • Property in the news
    • Introduce yourself
    • General property discussion
    • I need advice!
    • Progress journals
    • Property Podcast discussion
    • Property Hub University
    • Chit-Chat
  • The Property Hub Summit


There are no results to display.

Find results in...

Find results that contain...

Date Created

  • Start


Last Updated

  • Start


Filter by number of...


  • Start



Website URL



Areas I invest in

About me

Property investment interests

My skills

My goals

Interests outside property

Found 8 results

  1. Hi, We are First Time Buyers looking to buy our first home. Just wondering if anyone has any experience of living above an Underground tube tunnel? We are looking at a property where there is noise and vibration from the Piccadilly Line underneath. Would this significantly reduce the property's resale value, and is it a quality of living issue? The only discussion I've found on this is this thread, but it is rather old so I'm wondering if improvements have been done to the Underground since then to improve this issue. Thank you, looking forward to hearing your thoughts!
  2. Hello everyone, I'm new to the UK. Landed here in November 2021. I'm on a Skilled Worker Tier 2 visa earning about £36300 salary. Eventually I would like to purchase a property here in the UK after building my credit score, probably 1 or 2 years down the lane. I have started contributing to Lifetime ISA since February 2022 since it can help me in the first home purchase. Now when I did some research, most people said that as a foreigner on a work visa you would need 20% ++ deposit for a house purchase. I have spoken to a friend of mine who said he knows a person with a bad credit history (has about £30000 debt) purchasing his first home here. Can someone tell me if this is correct? Any other advice is highly appreciated.
  3. I hope someone can help me with some advice. I've had an offer accepted on a house, on the Mersey Bank estate in Chorlton. It's around the Caldervale Road side. I like the house it meets my needs, neighbouring houses look like they have been taken care of. I love that I can walk down to the river in a couple of minutes. But the more I walk about the rest of the area the more I feel it's pretty rough. I don't know if it's just deprivation but ok or if it is actually rough. I know historically it's had its issues but can't tell where things have been better. My mortgage offer is based on five year fixed so I would have to wait it out if I didn't like it - not sure whether to pull out of the sale or not - baring in mind I'm currently in a difficult living situation and this is the first house I have managed to get an offer accepted on after 11 months of hunting. And I'm dangerously close to my forties and I'm first time buyer so running the risk of not being able to borrow beyond retirement age. I've spent ages looking around Stretford, Firswood, Withington sparingly so with Chorlton and Didsbury and now that I'm close to sealing a deal my experience walking around the area doesn't feel as great. Any advice to help me decide would be much appreciated!
  4. Hi this is my first post , I am 23 years old and hoping to purchase my first property in the next 2 years however my question in the world of property investing is that as i am a first time buyer i have been contemplating buying a property with a residential mortgage and the 6/12 months later moving location and then notifying the bank and obtain different job elsewhere and putting the property on rent and moving back in with family. Has anyone else done this ? And if so how have you faired ? And what are peoples thoughts of this?
  5. Hi All, I could do with some advice on how to get started on my property investment journey. I am 21 years old, still living at home in North Manchester with my parents and trying to figure out the best way to purchase my first house and a BTL property. I don't have a huge budget to work with so I am trying the make the money I have go further. I don't want to use the money I do have to just buy my first house and then all my wage's go towards paying the mortgage off and not be able to save a penny for my first BTL. The idea I currently have is to purchase a 2/3 bed semi detached house in North Manchester(my local area) which needs a little TLC. The plan would be to renovate the house, move in and rent out the other rooms while I live there. Completing the renovation should increase the property value and allow me to pull some of my initial deposit back out, to then be used towards the deposit of my first BTL. The rental income from the other rooms would also allow me to save the money I would normally spend on the mortgage, this would also go to saving for my BTL property I know this plan isn't perfect and has a lot of variables, this is why I'm asking the Property Hub community for their advice? Any advice would be appreciated. Thanks Ewan
  6. Hi all, I am in discussions to purchase a property which my partner and I intend to move into. The house is relatively small, although plenty big enough for us at the moment, and for the foreseeable. The property needs some work done. I estimate the property will cost 95k with 15k of work to be done, and I'd expect the property to be worth 135k at the most with the remodel. I live in an area where serviced accommodation works quite well and a rental would probably return 500-550. Does anyone have any advice or guidance on purchasing a property with the short term intention of living in the property and a longer term goal of moving out and having that as a rental. Thanks for reading!
  7. Good evening, After reading here and get more advises and recommendation from Mr. RICHARD BROWN (The property voice), finally i am moving from the south to Preston (this is the closest to Manchester i got a job!) As soon as i move there i would like to purchase our first home (Misus is fuzzy ,she want a house instead of flat!) and the earliest possible to buy a buy to let in Preston or Manchester. We have a saving of 25k. Advise and suggestion will be helpful. Thank you
  8. Hi everyone, this forum is an an amazing tool for any level property investor. I am currently saving up to buy my own home hopefully at some point next year. Now I have considered (as advised on here) to buy a rental property in a cheaper high yielding area and put my profit towards the deposit for my own place. I have recently had a little one and so I am considering potentially making sure my own accommodation is sorted beforehand. I have been looking into a share to buy property and they seem like a great idea. The issues I have is the 99 year lease and how difficult the stepped buying programme to buy back more shares in the property can be. Does anyone have any experience or good knowledge of the scheme and could I please have some advice and insight many thanks in advance
  • Create New...