Batty

It was only a joke Bevs - if we can't laugh at ourselves etc Never saw a T house in the UK but there is one in Clonmel in Tipperary still

phil01

Hi Nici,

we are in the process of our house sale going through...should be completed on 9th November but as you know we came out without selling and rented it out to the tenants from Hell...business man in his 50's wife and 1 child they came from South Africa had good references, good bank balance and what a nightmare it has been with them, less than two weeks to go and they said nah not moving out now, make us...I swear if that FAT tw** temps me once more I will be on the next plane back to kick his ass straight through the wall!!!! We can't afford to pay our UK mortgage from over here, they don't pay the rent anymore and they seem to have all the rights. Hopefully we are back on track but I won't stop pulling my hair out until they have f***** off!

Don't let it stress you, you will get there eventually. You can still send off for your visas as you have the job offer, then it doesn't matter if they don't wait for Rog to come at least you have your 3 year visas and you can get him sorted when he gets over here!

Debbie

BEVS

Well yes. I gathered that. It's an old joke often told.

So was mine Batty, rather after the same ilk as your own.

Lyons T House was a famous T house in London during the early '50s & very popular with the youngsters it was too.

BEVS

Your agent should never have continued with these so-called buyers or at the least , suggested an immediate deposit etc.

I've been thinking about this during the morning.
Could you put this on a buy to let mortgage ? Friends of ours here have done just that. The buy to let mortgage was the only way to make renting out their UK property viable.

Perhaps you could approach your current lender for a repayment holiday. The find yourselves a better agent and have them re-market your property . Don't tell 'em your plans. That always seems to put the mockers on a half tidy , easy sale.

We had a complete nightmare with our house sale too. So many of us seem to have similar stories about our house sales.

Keep yer chin up Kato and please don't give up on your hopes and dreams to come to NZ.

jads

So many people around with no morals, especially when it comes to house buying and money:curse:
I would look on it this way, put your house back on the market and whats meant to be will be. Dont let it be personal, otherwise your never sleep at night thinking about these idiots!
Just another NZ hurdle, could be nearly the last one though

Good Luck

Cheers Jads

Am Loolah

Hi Nici,

As Jads said, with house buying and selling, to a certain extent one has to remain philisophical and repeat the mantra if it's meant to be it will be ...

I wouldn't give up on the dream altogether, look on it as temporarily delayed.

Have PM'd you.

Big hug.

eurotramp

Its funny how it becomes immoral to pull out of a deal for a buyer..now the table is turned.. it seemed never immoral in the past to take a higher offer on a house from an other buyer..

danny.f

Only just seen this thread,sorry Nici. That is crap love. Would kneecap the bastards if you found them again,but good luck anyway-hope good fortune is waiting around the corner.

teambwr47

If you're looking at renting out your home as an investment in the UK then switch it to an interest only mortgage unless of course you're happy and able to pay off capital as well and can cope with the higher payments.

The rental property business is built on interest only mortgages and it should be fairly easy to switch to such a product and maybe even release some cash from your house in doing so.

All depends on your personal circumstances so will not suit all but may be worth looking at. If you have a large ammount of equity in your UK house you could fund your move here from that and re-finance on an interest only mortgage which may be coverd by the rent........

Look up some of the products on the market and you'll find the multiples needed in regard to rentalable value versus borrowing mulitples.

I can recommend the Money Centre and a guy called Mike Townsend as a point of contact. They have quite a few products/rates that are lower than the open market.

Ozzidoc

Did to me.

weebossyboots

That was always immoral - and illegal in Scotland

Buyers can pull out until missives are signed

weebossyboots

Credit Squeeze, higher interest rates and tighter criteria for being accepted for a mortgage do not make this as easy as it was unfortunately

teambwr47

You will not have a problem getting a buy to let if your rental income from a property is within the normal multiples....

The supposed 'credit squeeze' is not stopping anyone i know getting mortgages and borrowing money in the UK to futher their portfolios if they have the money to release to invest and want to....

In terms of interest rates they are still low in the UK when looked at in a long term view of things.

There is still money to be made in property, despite the doom and gloom people saying there isn't, so long as your choices are carefully made. While many cautiously step away plenty of others will carry on making money.......there is always a risk its whether you choose to manage that risk and many won't.

weebossyboots

seems to be the key phrase here

Unfortunately we have been trying unsuccessfully to remortgage as we thought we would have sold by now but we are too poor

kato33

You lot are so bloody kind.

I have just stepped into work after a much depressing weekend and read all your replies.............ahhh shucks guys.......your the best

As many of you will know, it feels like your dreams are totally shattered when things like this happen but like you all say, I WILL NOT GIVE UP!!

Its only a set back and lets face it, there are plenty more people out there alot worse off. So, I would like to apologise for even having the cheek to rant about my small problem and say thanks to you guys for cheering me up this morning.