Message from @FR34K
Discord ID: 675502340551344143
Wonder if the discount can be used as the deposit... Since the LTV will be 30/70
Is it better to build a home yourself rather than buying these prefabs
They'll spend at least as much as they're getting knocked off fixing issues with them
They won't be pre fab
The gov actually puts higher standards on affordable housing than private housing... Ironically
it's always better to build your own home
however, it's a very large task
and it breaks a lot of relationships if you're not a very very strong couple with good communications
Context is taken from my wife being an architect and us planning to build our own home and doing a fair amount of research on it
It's probably the only way now in Britain
Thats what I'm gonna do. Then I own the thing.
How easy is it to get land and planning permission to do it? I imagine that and getting connected in to utilities are among the harder things to do?
Planning isn't hard if you know what you're doing
and getting utilities isn't hard again, if you know what you're doing and you're not building in the highlands
if you're somewhere normal like a villiage - shouldn't be to hard
Or buy a run down gourguen / Victoria house in the middle of nowhere.
It's literally our only options here now.
And it will take as long you will hit retirement
getting land - mine and my partners deal is that we live in a villiage that's owned by a senior politician in the cons party - and the land is very aged - we're hoping to take a lease hold of a slice of their 1000 acher property
lease holds are nice because you get stat right to aquire at a fair market value and you can put all your money into the building and banks don't care if you have a long enough term
they're lords indeed
Of cource they are.
old old family villiage
but it's ran very nicely
So how did you get that deal?
and actually is very very nice to work with the estate management
renting one of their properties from them>
just having enough cash each month to pay the 1300 rent mainly
hahahha
but everything around this area is around that price
So you never own? What is the point?
Wow, that's over 3x my mortgage payments, but I do live in a cheap area of the country
At the moment I don't, we're planning to build
that's what I'm talking about
I see.
Makes it hard with that prices unless you got a really good job.
internet money fam
I don't earn stupid money, but I live very comfortably
Not fermilar with that. I didn't study business
i work for one of them big internet corps