Virgin has unveiled its Help to Buy home loans earlier than expected. We see how they stack up.
A look at properties you can buy for £25,000 or less
Are you an aspiring first-time buyer? Or a would-be property mogul looking for a cheap investment? While the average home may cost well over £150,000, there are some far cheaper properties on the market.
Of course, the cheapest homes are selling so low for a reason; most of them need a lot of work to make them liveable. But your DIY skills and redevelopment investment could add to the value of the property, letting you increase the value in a tough market.
So we’ve been taking a look at UK homes across the country priced at £25,000 or less.
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Would those people who do not own a home please stop complaining about those that do.
When my wife and I were young, we begged, stole and saved the deposit for ahouse. Neither of us earned a great deal of money but we prioritised what we spent it on and a house was top of the list.
We started in a two up two down and were extremely happy in it. We had to be as we had no money to go out or go on holiday.
As we got older, we improved but still made sacrafices in terms of our social life and our posessions (a car etc), in order to keep our house.
I lost my job once and we almost lost our house but again, by putting it at the top of our priority list (holidays were spent in caravans and tents not in Benidorm), we managed to hang on.
It is now all we have for our retirement and we have worked damned hard to get it and keep it so stop whinging and leave us house owners alone.
Oh by the way, I was not born with silver spoon in my mouth!
Does anyone fall for all this propoganda about property prices increasing.
The truth is that very few sales are taking place.
In any other market, if you are selling goods which are expensive,and are not selling, then you actually reduce the price, I am sure many who have had their properties on the market recently with no results, will have actually reduced their prices in order to sell, so how can prices be going up
. Perhaps through the cost of living, but that is to be expected.
Their is talk of building on greenfield sites which will also reduce the price of property as more cheaper land becomes available.
I will now tell you the reason why we are bombarded with all this BS.
Zoopla are going to be used for tax purposes by local councils, that is why it has been set up.
It is beneficial for these councils to see huge rises in prices, so that we will all be taxed more, if we cannot afford to pay the increases THEY WILL BE set aside until we die.
Then the councils will grab the property, or force those who inherit that property to rent it to the relevent council.
This saves a lot of local council and Government expense.
Note how others are already brainwashed into parting with their money on the belief that they can buy property and rent it out, thus doing these councils and Brussels a huge favour.
What they are doing is increasing the Rental Market . And where they are hoping for a huge profit through an increase in the value of the properties they are buying, this will not happen as they are steadily destroying that very market through their own greed, and they will not be able to sell. Then they have a 40% tax bill to pay on top.
Banks have been authorised to encourage this BUY TO LET policy, and so pay small interest rates to savers who then are brainwashed BY THE MEDIA into a dodgy speculatory venture.
We are now a becoming a nation of property developers, and those cheaper houses would have been bought by first time buyers in the past. GREAT, --KILL THE MARKET STONE DEAD.
I have prophecised that this country will be based on a rental market for the past 21 years, and those around me know my views. Europe is mostly a rental market, and the selling of property does not fall in line with their ideas. So I have watched it closely over time.
A fortnight ago, a Bank of England person stated that this is indeed the case, and that was published in the Telegraph.
I read it on the internet, the same day I was telling a half believing relation.
SO NOW YOU KNOW WHAT IS ABOUT TO TAKE PLACE, I SUGGEST YOU DO YOUR BIT, FOR SELF PROTECTION.
THIS IS ALL BEING PUSHED THROUGH BY BRUSSELS, AND OUR 'SO CALLED GOVERNMENTS' ARE ALLOWING THIS TO TAKE PLACE.
YOU WILL ALSO NOTE THAT THE GOVERNMENT NO LONGER MAKE THE RULES AND LAWS. AND PARLIAMENT IS IN FACT OBSOLETE. THEY ARE JUST BIDING THERE TIME FOR THE EVENTUAL TAKE OVER, AND TOTAL CONTROL, BY BRUSSELS.
WAKE UP AND SMELL THE COFFEE, AND GET OUT OF EUROPE, OR LOOSE ALL YOU HAVE WORKED VERY HARD TO OBTAIN.
UKIP is now looking much more attractive than the 3 parties who are prepared to sacrifice all of our own personal hard work, and hurdle jumping, which has allowed us to struggle along in order to make our home our very own.
I like this idea, and do not wish to stand by, while some upstart politician, decides to relieve my family of it, while feathering their own nest with salaries that look more like Lottery wins to us mere mortals. ENOUGH IS ENOUGH.
Perhaps Zoopla will will put forward their views on why I am wrong.
It should be a laugh, at the very least, and I for one will not be bullied, or pleased into believing that my property has increased in value and take on an 'I am all right Jack' attitude just because they feed me with all this BS-Propaganda.
Property developers will buy them on the cheap then build high turning them into overpriced rentals as usual.
They were probably social housing homes at one point ripped from the hands of the needy into the hands of the greedy.
I love how the right to buy your council home for the English back in the 80's is being panned here. If someone had of told Thatcher that in 20 odd years there will be a Labour government that will invite 10m unskilled migrants and refugee's into the country between 1996 and 2012 that will all need housing she may have thought differently. She would probably have had a heart attack.
I want to know why its always houses in the North, Wales, Scotland and the like that are shown to be run down.
There are plenty of houses in the South and London (not the London everyone thinks is London as in Westminster, Chelsea etc) that are falling down and need doing up, looking no unlike those pictured. Unfortunately, the price doesn't match the photos in the South.
£25,000 elsewhere and £250,000 (if you're lucky) around the London area.
And no, we're not all in work earning thousands either. You're thinking of the Councillors etc.
I say, Stop all the Buy to Rent) which is basically Estate Agents buying, doing them up and selling them on for rent or renting them out themselves.
Our local Estate Agent has ruined our street doing this sort of thing.
I own my house, after 40 years hard work and iiving fairly frugally, only to now be out of work and living off money we managed to save over the years.
I sometimes think why did we bother and not have a good time when we could!
A cheap house that wants money spending on it, in good area,is far better value than a good house in a bad area.
Unemployment is rising, wages (in real terms) are falling, most mortgage lenders require 20% deposit for 1st time buyers (when they are lending - and it's back to the old safer multiples of wages) - How can house prices possibly increase ? ? ?? (other than a few isolated areas of high demand)
31 of 31 (This two-bedroom middle-terrace property in a popular residential location.)
Looks popular to me with derelict properties each side and weeds growing out of unused pavements!
Keep the builders like Whimpey away, they only build cheap and sell expensive
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