Just how careful can you be?
Jul 16th 2007, 11:20 am
#16
Forum Regular
Joined: Jul 2007
Location: Cannock
Posts: 39
Re: Just how careful can you be?
When comparing buying to renting, I would go for renting, certainly to begin with. It is actually so much cheaper. We rent a 4bed 2bath house for $350 a week. The house next door is for sale at the moment. It's a 3 bed version of ours & is on the market for $399,000 which would work out at roughly $2200 per month in mortgage at today's rate.
Included in our rent is any rates & water charges. We only pay for power & phone/internet.
Included in our rent is any rates & water charges. We only pay for power & phone/internet.
Thats seems really cheap. The ones i've seen on the web are more like 500$ per week. where abouts in NZ are you?
Jul 16th 2007, 11:23 am
#18
BE Forum Addict
Joined: Oct 2005
Location: Rotorua, NZ
Posts: 1,070
Re: Just how careful can you be?
DP Doesnt want us to go to NZ unless we have sold the house or have a job offer. And preferably both.
But my feeling is the agencies/employers would rather he was in the country to get a job.
And with the housing market the way it is we would our house could have the cutting edge by being empty. That would surely make it more attractive? (we cant let it - the rent wont cover mortgage)
So how many of you have gone out to NZ with no job offer, and a house to sell in the UK. We have around £60k to throw at the move without our house sale (which will only yield another £25-30k). We would have a mortgage holiday for a few months too. So we have enough capital to get flights, container, minimum deposit on a house, car etc etc ANd I am sure it would be easier to get a job once we are there.
Is this mad?
But my feeling is the agencies/employers would rather he was in the country to get a job.
And with the housing market the way it is we would our house could have the cutting edge by being empty. That would surely make it more attractive? (we cant let it - the rent wont cover mortgage)
So how many of you have gone out to NZ with no job offer, and a house to sell in the UK. We have around £60k to throw at the move without our house sale (which will only yield another £25-30k). We would have a mortgage holiday for a few months too. So we have enough capital to get flights, container, minimum deposit on a house, car etc etc ANd I am sure it would be easier to get a job once we are there.
Is this mad?
It may help.
Jul 16th 2007, 11:29 am
#20
BE Forum Addict
Joined: Nov 2006
Location: Whitby Wellington
Posts: 2,440
Re: Just how careful can you be?
DP Doesnt want us to go to NZ unless we have sold the house or have a job offer. And preferably both.
But my feeling is the agencies/employers would rather he was in the country to get a job.
And with the housing market the way it is we would our house could have the cutting edge by being empty. That would surely make it more attractive? (we cant let it - the rent wont cover mortgage)
So how many of you have gone out to NZ with no job offer, and a house to sell in the UK. We have around £60k to throw at the move without our house sale (which will only yield another £25-30k). We would have a mortgage holiday for a few months too. So we have enough capital to get flights, container, minimum deposit on a house, car etc etc ANd I am sure it would be easier to get a job once we are there.
Is this mad?
But my feeling is the agencies/employers would rather he was in the country to get a job.
And with the housing market the way it is we would our house could have the cutting edge by being empty. That would surely make it more attractive? (we cant let it - the rent wont cover mortgage)
So how many of you have gone out to NZ with no job offer, and a house to sell in the UK. We have around £60k to throw at the move without our house sale (which will only yield another £25-30k). We would have a mortgage holiday for a few months too. So we have enough capital to get flights, container, minimum deposit on a house, car etc etc ANd I am sure it would be easier to get a job once we are there.
Is this mad?
The only madness i can see is staying. I can't get a job offer without being there, so we're waiting for contracts to exchange and then we're off to Welly. However because of the exchange rates at the moment we're leaving as much money in the UK as we can and try and move it out when it's more favourable. But, visitor visa for us...
Jul 16th 2007, 11:51 am
#23
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Joined: Oct 2006
Location: NZ
Posts: 3,366
Re: Just how careful can you be?
You can pick something like this up in Wellington. I happen to know that this is a very nice area ( cos some of this rabble live close by 
)
http://www.realestate.co.nz/559818
But still cheaper than buying in that area.
Try www.realestate.co.nz
)http://www.realestate.co.nz/559818
But still cheaper than buying in that area.
Try www.realestate.co.nz
Jul 16th 2007, 11:58 am
#24
Forum Regular
Joined: Jul 2007
Location: Cannock
Posts: 39
Re: Just how careful can you be?
You can pick something like this up in Wellington. I happen to know that this is a very nice area ( cos some of this rabble live close by )
http://www.realestate.co.nz/559818
But still cheaper than buying in that area.
Try www.realestate.co.nz
)http://www.realestate.co.nz/559818
But still cheaper than buying in that area.
Try www.realestate.co.nz
ttfn
sharon
Jul 17th 2007, 5:51 am
#25
Forum Regular
Joined: Jul 2007
Location: Miramar - Wellington
Posts: 116
Re: Just how careful can you be?
Hi there, it took us 1.5 years to sell the house in the UK (popular street too) but the housing market was horrendous. We changed estate agents and within 3 months of changing, we had 3 people interested in one weekend. We accepted 10K less but thought to hell with it, lets just go!
We came over with about the same as yourselves and expected my partner to a job in IT straightaway but it took nearly 6 months before he finally got a job. All our money has pretty much been swallowed by the mortgage but do I have any regrets about the whole thing.... no. I was stressful to begin with but so glad we made the move.
I 'personally' would just go for it!
Good luck guys
We came over with about the same as yourselves and expected my partner to a job in IT straightaway but it took nearly 6 months before he finally got a job. All our money has pretty much been swallowed by the mortgage but do I have any regrets about the whole thing.... no. I was stressful to begin with but so glad we made the move.
I 'personally' would just go for it!
Good luck guys
Jul 17th 2007, 5:56 am
#26
Forum Regular
Joined: Jul 2007
Location: Miramar - Wellington
Posts: 116
Re: Just how careful can you be?
By the way, do you know theres a Wellies meet up for anyone working in IT? Worth going to that (if you come to Wellington of course) , there is a post about meet ups on this site.
What does he do in IT? Ted Logan (partner) may be able to give him some advice.
What does he do in IT? Ted Logan (partner) may be able to give him some advice.
Jul 17th 2007, 6:18 am
#27
A land far far away
Joined: Aug 2005
Location: Northland
Posts: 1,288
Re: Just how careful can you be?
Hi there, well when we came over we still had the house to sell and the person buying the business never paid us ( she did eventually - and I still think not lovely thoughts about her!) so we arrived in NZ with 3000 pounds in my bag!! Ok we knew that eventually we would have more, after the house sold and we got the money... but at the time it was a bit scarey. We'd also found our dream house and had no money to pay for it!! Ah those were the days!
So good luck whatever you decide
So good luck whatever you decide
Jul 17th 2007, 6:54 am
#28
Forum Regular
Joined: Jul 2007
Location: Cannock
Posts: 39
Re: Just how careful can you be?
usually works with as400's but is project managing at mo. Anything really to do with IT consultancy.
