mealexme Posted October 10, 2015 Posted October 10, 2015 So, hopefully I will be stepping onto the property market early next year. I'm young and can't afford much, and most of what I can afford has nowhere for the bikes There are a few flats though, with allocated parking (ie a parking space that is yours). The question is, is it likely that you actually own that space, and can dig it up and install a ground anchor? Or is it more like the "gardens", which are communal areas and owned by someone else and you just have the right to use them? Quote
Fozzie Posted October 10, 2015 Posted October 10, 2015 Why not just knuckle down and stay at home for a few years?Providing you can save quite a bit faster than interest rates rise it will be worthwhile in the long run.Also if you and a girlfriend go the distance and live together for a while before hand, you can speed up the rate of savings.I have spent nearly 7 years in London where I took advantage of the better wages and only just managed to secure a house. A 3 bedroom with a detached 1.5 sized garage in an area I know is safe. I could have gotten a one or two bedroom flat after a few years but carried on, while in the meantime always pushing to improve my wage.I would not be leaving an RR outside a set of flats, saying that as someone who has suffered 2 going walkies on me. You have a building full of unknown quantities and it just takes one bad egg to call a mate who will have your RR off you. If you can secure it in a bicycle parking area that will do so long as the area isn't too secluded where a thief would feel comfortable. You likely won't be allowed to put in a ground anchor without a heap of hassle as I've tried in the past and been told flatly no.Save up, or hire a garage nearby, I did that for a while at a mates rate of £50 a month. Quote
fq-craigus Posted October 10, 2015 Posted October 10, 2015 Is there any way you can look for a property further afield? Parking spaces are usually allocated in a communal area so digging up ect is normally out of the question. Is there bowhere else you can latch the bike to other than a parking space. How about a teo way alarm one that will page you with motion sensors and tilt sensors. Quote
mealexme Posted October 10, 2015 Author Posted October 10, 2015 Is there any way you can look for a property further afield? It's complicated, but short answer is noParking spaces are usually allocated in a communal area so digging up ect is normally out of the question. dammitIs there bowhere else you can latch the bike to other than a parking space. How about a teo way alarm one that will page you with motion sensors and tilt sensors.both bikes have 2 way Why not just knuckle down and stay at home for a few years? Already have. Got 15k in the bank, but can only get a mortgage of £80kYou likely won't be allowed to put in a ground anchor without a heap of hassle as I've tried in the past and been told flatly no. dammit! I think I remember someone doing something though where they bought a very large plant pot, filled it with cement and put a ground anchor in it, as well as a bit of soil and some plants to make it look pretty. I spose that's always an option Quote
CGD217 Posted October 10, 2015 Posted October 10, 2015 My fiancee and I are looking to get our own place but we're struggling with having somewhere for the bikes ! Quote
Fozzie Posted October 10, 2015 Posted October 10, 2015 Already have. Got 15k in the bank, but can only get a mortgage of £80k So you're up at 95k?What sort of disposable income do you have each month after all your bills? A quick scan of rightmove sees garages appearing at the £150k mark. http://www.rightmove.co.uk/property-for ... 16790.htmlSo you're two thirds of the way there to look at that optimistically.I'd also be looking at the possibility of pursuing different lines of work while you have stability where you are. I realised very quickly when I was living in the north that and chased a job in engineering. Took me onto similarly low pay at first but my pay began to jump with each promotion. Only reason I suggest is you could put 3-4 years of work into something, and then by the time you're done have a much better career and access a healthier mortgage. It's aim high or accept what you've got! But you're young anyway so you have time even if you feel impatient. I'm 3 years ahead and just getting my first house now so it's all very doable for you. Quote
Joeman Posted October 10, 2015 Posted October 10, 2015 Buy a crappy old van and use it as a garage for the bike Quote
eastanglianbiker Posted October 10, 2015 Posted October 10, 2015 buy a crappy old van and live in it with the bikes Quote
RantMachine Posted October 10, 2015 Posted October 10, 2015 I'm with Steve on this one. Been trying to convince Crystal that we should do this but no luck yet Quote
JamBerryKing Posted October 10, 2015 Posted October 10, 2015 buy a crappy old van and live in it with the bikes this! Quote
eastanglianbiker Posted October 10, 2015 Posted October 10, 2015 here u go and bikes can live in the awning http://www.ebay.co.uk/itm/2004-Iveco-Da ... 3aa5f7b131 Quote
Fozzie Posted October 11, 2015 Posted October 11, 2015 Good plan to save up for a house, but long term you'd have to be crazy!No council tax and if you fit a power/water inlet and use campsites you get water/power/a plot of land less than most places cost rent wise plus you can drive away if you find work elsewhere.But long term you'd be having a real bad time!1. what will you do when it inevitably rusts or can't be on the road anymore?2. A house/flat is better than a bank interest wise for your money in most cases.BUT as a short term means to save a deposit for a house, guy martin would say spot on that, spot on. Quote
Joeman Posted October 11, 2015 Posted October 11, 2015 You make your money when you buy, not when you sell.Remember that and you won't go far wrong with property investments.In otherwords, buy a place that's cheap that you can add value to, rather than a prestine new build that will drop in value.Buy what you can, and add value to it. The right buy will appreciate in value faster than you can save.. Quote
Mr Fro Posted October 11, 2015 Posted October 11, 2015 You make your money when you buy, not when you sell.Remember that and you won't go far wrong with property investments.In otherwords, buy a place that's cheap that you can add value to, rather than a prestine new build that will drop in value.Buy what you can, and add value to it. The right buy will appreciate in value faster than you can save..Yes, yes, yes. Find an old shitter that's been on the market or recently fallen through and bid them low. Do it up to a high standard and punt it out in a few years.I did just that - bought about 15% below market value 3 years back and sold it earlier this year for 22% over the ceiling price in the area. It didn't even make it to the open market.Now I'm doing it again. Quote
Guest Posted October 12, 2015 Posted October 12, 2015 Buy a crappy old van and use it as a garage for the bike This is actually a really good suggestion... Quote
Fozzie Posted October 12, 2015 Posted October 12, 2015 It is for allocated parking, just park it up, declare it sorn, leave bike inside. You can buy flip out ramps as well for them I have heard a fair old amount of horror stories of vans being broken into, imagine a chavs face if he finds a motorbike.Expensive locks? No problem, I'll just hot wire and nick the cheap van and take the bike home. So disable the van otherwise can you imagine explaining to your insurance your bike was stolen because it was in the back of your van. Quote
RantMachine Posted October 12, 2015 Posted October 12, 2015 Go one further, SORN the van and wire a booby trap to the ignition so that any scrote trying to nick the whole lot gets a nasty surprise when they try to hotwire the van Or maybe some kind of punji stake style trap built into the drivers seat that's triggered by the hand brake being released... Quote
Arwen Posted October 12, 2015 Posted October 12, 2015 If you go down the van route, line the van with polystyrene or similar to help stop the condensation building up. And to stop folk nicking the van? I'd removed the wheels and make sure the tank is run dry. Quote
Six30 Posted October 12, 2015 Posted October 12, 2015 Your not digging it up by putting a ground anchor in, you only got to drill two or three holes, do it at the rear of the parking space in case you need to park a car at some point. Quote
thebendyfox Posted October 14, 2015 Posted October 14, 2015 Go one further, SORN the van and wire a booby trap to the ignition so that any scrote trying to nick the whole lot gets a nasty surprise when they try to hotwire the van Or maybe some kind of punji stake style trap built into the drivers seat that's triggered by the hand brake being released... In the space of one evening I am reading your posts about revenge on Neighbours and This...and it brings me to one logical conclusion.I dont ever want to piss you off.Ever. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.