who rents ?

[greatmoorred]

just been to look at another rented place, as this flat is doing my head in. I know continuing to rent is a waste of money, but thats the deal for now.
so the question is.
Who rents.

[Bullet]

i rent, and its a bargain price and an awesome location £50 a week, divided between 3 of us! thats less than a pub lunch with a beer although it is freezing this time of year but afterall railway carridges arent well insulated!
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[niff5855]

I rent because I absolutely fucking REFUSE to pay the extotionate pricing being asked at the mo to buy.

I like being in digs, cheap as chips (if you can find the right landlady )
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[Nb]

I rent a 3 bed house with a garage for 400 pounds a month off a friend of my mothers whos gone travelling round the world for 15 months. Its cool not being tied down as such. Missus loves having a house because last place we had was a 1 bed flat on a crappy estate. Rumour has it that we may be allowed to rent this house indefinitely.......
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[kawakid]

Rented for a while back in the 90s for a couple of years, when bird and I moved in together, then we bought a semi.

Pitty I feel for people who didn't living up in mid Yorkshire, in the mid 90s, 3 bedroom semis with large gardens/garage etc, were going for around £50K.

I'm still annoyed myself, because I would have liked a larger detached house, which I can't afford and I would have if it wasn't for the house price boom. Saying that I might move back to Ireland and build as i've got land over there.
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[karen_moomin]

I rented a room for a year with a friend, then decided to buy my own house.

Having my own house is amazing. I only have another £45,000 or so to pay off. I bought at the right time and in the right area. I paid £59,950 for a gorgeous 2 bed terrace. I pay £300 a month on my mortgage.

Much cheaper than renting and I can do whatever I like to the house!

[DucatiEVO]

I'd never rent, all your doing is paying someone else to make a profit.

Brought my place a few years back.
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[feef]

I have just bought my house.. completed on the 16th december... until then I'd been renting for almost a year sinc moving down here, but renting was always only ever going to be a temp solution till I found somewhere to buy.

I liked the fact that when renting, everything gets fixed for you

a
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[Suzuki]

My girlfriend and I are in the process of buying our first house together. Should hopefully have the keys in 4 weeks or so (providing everything goes smoothly)

Renting is such a waste of money.
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[jamieclayton9]

i rent. i have got a two bedroom flat with no garden and a bit of parkin and i pay 460pcm. its a joke. i only just about get buy
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[feef]

[Annabella]

[DucatiEVO]

[colin1]

Funnily enough, I have just had a bloke round from the letting agency, to see if i could rent my house out for 6 months or more to go travelling.

It will need work doing to get it up to standard, but i might do it. He said Id need to spend £5000 and could expect £350-£450 a week depending on the standard. He reckons I might have problem tenants in this area though.

Apparently the interest on the mortgage is tax teductable too.

I have thought about getting a few students in as unofficial tax free tenants with me still here. There are oriental foreign students at the local college who would be well behaved.
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[MattyB]

w00, go parent sponges!

[freckles]

There should be an option for us students, "Living with parents for holidays...Renting during term time"
I hate renting, it's costing me £74.50 a week for a small bedroom and shared kitchen with 4 other people. The owners must be making a fortune off us.
Me and my boyfriend are looking at buying a house at the moment, so hopefully I'll be out of my rented flat and into our own house soon!
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boo!

[Suzuki]

[colin1]

Landlords have to set rent above their mortgage costs to cover times when the property is empty. Usually 120% of mortgage cost i think.

A bank wouldnt a landlord a buy to let mortage if your monthly rental income wasnt at least 120% of your mortage payment, for that reason.
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[msgander]

I rent...thank god!

With neighbours like mine you'd be gutted if you were stuckin the place until you sold up....!!!

moving in April with luck, before I commit a crime....
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[G]

[queen of string]

I own mine and its cool. I also have a house I rent out, I dont make a fortune but it all helps
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[Suzuki]

Nothing physical to show for petrol/eating?

Not sure I agree with that.

The point about rent though, is that there is an alternative option, where the money you spend doesn't go straight into somebody elses pocket giving no return to you.

With a mortgage, granted you're still shelling out the dosh, but when you sell the house you get the money back! (usually with a fair bit of interest)

I've been living in birmingham for nearly 4 years, and have spent approx. £12,000 on rent in that time. I have NOTHING to show for it.

Had I spent £12,000 towards a mortgage, granted some of it would have been interest, but at least £8,000 of it would now be equity. Considering the rise experienced in the house market, I would probably be about £60,000 better off.

Unless it is your only option, renting is for suckers.
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[Lucy]

Still at Parents, left school after one year of 6th form so no college or Uni. May sell my bike to fund renting somewhere if the only job i can get is low paid.

[greatmoorred]

well, went to look at the house today.
Its nice enough, decent area,really quiet. But.
Why hasnt the lanlord been round to give it a lick of paint, or to polish the laminate floor, or make sure all the cupboards open without catching ?
It really pisses me off when they cant even be bothered to do shit like that. Its a pretty nice house, but let down by the finish. And i know its been empty for at least 6 weeks.
im going to put in a lower offer and see what he says.

[Bendy]