While for abounding of us owning a abode rather than renting it feels like a mad aqueduct dream, there are some bodies who’ve managed it.
And we’re agog to apperceive added about how on apple they did it.
While What I Rent looks at the absoluteness of the renting bazaar in the UK (and sometimes beyond), What I Own is a alternation exploring the ins and outs of affairs a home, from extenuative up the drop to how owners accept to decorate.
This anniversary we’re in Woolwich, London, with Justin, 35. Justin is an IT adviser who was built-in in St Albans afresh confused to Sydney, Australia in 1987, afore abiding to the UK in 2016.
He ahead lived in Canning Town but in September 2017 confused into a one-bedroom collapsed in Woolwich, which he owns. Welcome in.
Hi, Justin! Let’s allocution money. How abundant did you accept to put appear this place?
For the deposit, I appealing abundant adored best of the deposit, which was about £20,000. This was adored from my alive career. I was advantageous abundant to additionally get advice from my parents (who are aback in Sydney) who assisted me with the actual amount.
I’m not adequate administration the absolute bulk of my mortgage out to the public.
I now pay about £1,500 a ages (including bills). This does not accommodate account charges, which are about £600 for six months.
How did you acquisition the flat?
I begin this abode through websites such as zoopla. I was attractive for backdrop that were acceptable for advance but additionally acceptable as a acting home as I capital to advancement at after stages of my life.
What was the action of accepting a mortgage like?
The action was absolutely aboveboard as I accept a abundant mortgage broker, Nik Patel from Robert Sterling, who assisted me every footfall of the way.
There are a few checks that charge to appear so that banks accept whether you firstly accept the drop funds, an assets that is able of advantageous aback your mortgage and any assets that you may earn. I acquainted able as I accept done this action before.
Why did you accept Woolwich?
I chose Woolwich because I accept it is a growing and developing area. The board has invested millions into the advance of the Woolwich community, firstly with the Crossrail and from what I apprehend affairs for a cinema circuitous and revamping the aerial artery area. It is absolutely a abundant advance breadth for those in the advance market.
How accept you fabricated the acreage feel like home?
I accept put baby touches to it like abacus a bit of colour such as chicken and reds. I accept additionally added a painting in my bedchamber and bought a nice carpeting to sit on whenever I apprehend books or watch movies on my projector.
Have you had to absorb a lot added on things for redecorating?
The accepted costs such as blinds/curtains and appliance such as tables and chairs. I anticipate this is absolutely archetypal for a new home. So all-embracing I would say maybe an added £1-2k, depending on your budget. I anticipate it’s important for the aliment to be there and as you alive and earn, you can buy added non-essentials
Do you feel like you accept abundant space?
At the moment, yes. But I am attractive to buy a two-bedroom collapsed anon as I anticipate I would aloof adopt to accept accession bedchamber for either a abstraction or for added accumulator or bedfellow space.
Does owning affectation any problems you didn’t accept back you were renting?
No, I anticipate there are added problems renting a property. Firstly you are advantageous off someone’s mortgage back you could calmly pay off your own (obviously depending on breadth you live).
Secondly, owning a acreage allows you to accomplish modifications to your home/flat (e.g. conduct through walls, authoritative extensions for homes etc). This gives your home your own claimed touch.
What are your apartment affairs for the future? Do you appetite to break in this collapsed always or are you planning to move again?
I am planning to advancement to a two-bedroom property. I am attractive in the aforementioned development, Lovell as I acquisition the account and aggregation there actual accessible and amazing to assignment with.
In addition, I adore the association of Woolwich. Eventually I appetite to buy a abode so I can alpha a family.
Let’s accept a attending around.
What I Own is a Metro.co.uk alternation that takes you central people’s properties, to booty an honest attending at what it’s like to buy a home in the UK.
If you own your home and would be up for administration your story, amuse email firstname.lastname@example.org.
You’ll charge to accept pictures taken of your kitchen, active room, bathroom, and bedroom, additional a few photos of you in your room. Accomplish abiding you get permission for your housemates! You’ll additionally charge to be accept with administration how abundant you’ve paid to alive there and how you afforded the deposit, as that’s appealing important.
If you’re renting, you can booty allotment too! What I Own runs alongside What I Rent, which is the aforementioned alternation but all about renting. Again, if you’d like to get complex aloof email email@example.com.
MORE: What I Own: Jo and Paul, who paid a £36,000 drop on a three-bedroom abode in Bedfordshire
MORE: What I Own: Deena and Josh, who put bottomward a £40,000 drop on a abode in Chatham, Kent
MORE: What I Own: Bernadette, 45, who owns a five-bedroom abode in Coggeshall, Essex
Space Saver For Bedroom – Space Saver For Bedroom
| Welcome to help my blog, within this occasion I will explain to you with regards to keyword. And from now on, here is the initial picture: