General Chat, Products & Comps
anyone in a shared ownership property?
Feb 1, 2008 5:08PM
Hi, me and hubby cant get a decent mortgage and are fed up of renting so are looking into shared ownership. Does anyone have any experience of this? How have you found it financially? pro's & con's? x
Feb 1, 2008 2:42PM
We were thinking of going for a shared ownership flat but the amount we would have had to pay each month as just as bad as an ordinary mortgage! I personally think it's a waste of time and the estate agents trying to rip off people who can't get their foot on the property ladder. This is only my opinion but nowadays I think if you can't afford a mortgage you shouldn't have one...better off renting perhaps?
Now is a good time to buy tho as there are a lot of cheap houses that have been reposessed around, some of them need a bit of work doing but you can often do work cheaper than buying a decent house. xxxx
Feb 1, 2008 4:13PM
we got one and it was great for us but only coz ours was secondhand ( only 3 years old). we wanted a 3 bed house bu we couldnt raise 160,000 through a mortgage even though we could have covered the repayments so it really worked when i found ours, we brought a 50% share for 80,000. but all the ones coming up were posh new flats and all we could of got for our money was a 2 bed flat and the rent on the other half was more than ours because there was more communal space. it can work out well if you just cant raise the mortgage coz 50% is better than nothing, but look in to it carefully and dont forget the market is slowing and you may get a bargain if you sit tight
Feb 1, 2008 5:08PM
Thanks, this may be a route we have to go down as my oh was made bankrupt a few yrs back and altho has now been discharged we are unable to get a joint mortgage. the only way we could do it is if i get a mortgage in my name - i could only get one for about 60.000 so S.O is really an option we need to consider.
Mar 13, 2019 9:59AM
Colic & reflux! Help!
Hi all! My LO is 3 weeks & 1 day. Around 11 days ago, I recognised signs of colic and my HV confirmed she believed he was suffering with colic too. It always began at 9pm for a few hours. We changed baby bottles and began giving him Infacol. We noticed a slight improvement but he was still screaming! We battled on as Infacol takes a while to work. Sunday evening he began crying at 6pm and it carried on all night and at 10:30am on Monday, I took him to the doctors, still crying and screaming 😭. The minute the doctor called us, he fell asleep. She thinks he also has reflux so gave us infant gaviscon. She recommended us trying Colic cow & gate also. So, we began with Gaviscon and started Colief instead (the dr didn’t rate Infacol).. with the new milk and he slept wonderfully! The bout of colic that evening lasted 20 mins and that was it! Next night (last night), it came back with a vengeance. He’s screamed all night, he’s refused milk, he’s drank the odd 2oz here and there, he’s straining and crying, his legs and arms are wild, he eventually managed a poo which was brown and sticky! 💩 it’s now 10am and he has finally fallen asleep - in my arms. Ive booked him in with a chiropractor as I’ve heard great things and I’m still using colic bottles and Colief.. please can someone offer any advice. I’m at a total loss. I’ve not slept in a fortnight and I really can’t watch him in agony until this stops - in a few months time 😳😩