yes
but you'd doubtless get clobbered for a higher rate mortgage
( rachelswipe with a fork, Tue 30 Apr 2013, 15:44, 1 reply, 12 years ago)

What if my parents wanted to give a massive wedge of cash
is it possible to keep my old house but have my excellent variable rate mortgatge moved to a new house while I keep the old house, or is this is a silly thing and I should just accept that I would have to pay off this mortgage and then take out a new one to get another house.
(Bazongaloid, Tue 30 Apr 2013, 15:46, Reply)

i think you'd need to speak to a mortgage broker
one way to do it would be to transfer the mortgage to the new place and take out a higher rate on the old place, then immediately pay it off - but that would depend on whether you could pay it all off and whether you qualified to get two mortgages, i think

also it means taking back every single last snotty thing you said about my dad buying me a flat. HAHAHA.
( rachelswipe with a fork, Tue 30 Apr 2013, 15:52, Reply)

It wouldn't actually be a gift
it would be a loan. And I'm not entirely sure I'm comfortable with it.

I'm also not sure I want to have two houses, I don't think we'd get enough in rent to cover the mortgage and it would be right hassle being a landlord and having to deal with letting agents.
(Bazongaloid, Tue 30 Apr 2013, 16:05, Reply)

You can use them to be a "finder" and just look after the property yourself
That's what I'm doing
( sporters I’m sincerely gratitude to you, Tue 30 Apr 2013, 16:07, Reply)

But, then you have to deal with stupid cunts who live in peoples houses and break stuff
and are clearly too stupid to buy their own place.
(Bazongaloid, Tue 30 Apr 2013, 16:08, Reply)

Clicking this.
( Windy Pig I'm naturally quite suspicious about the moon., Tue 30 Apr 2013, 16:09, Reply)

Well, yes
I'm making £250 a month profit though
( sporters I’m sincerely gratitude to you, Tue 30 Apr 2013, 16:09, Reply)

See, I don't think I'd make close to that
and don't a lot of agents charge a percentage as their "finders fee" not just a one off? That's fucking bobbins in any case.
(Bazongaloid, Tue 30 Apr 2013, 16:12, Reply)

letting agents are bloodsucking cunt bags
with the moral fiber of a sloppy french shit.
( Naked Ape call me Caitlyn, Tue 30 Apr 2013, 16:14, Reply)

You're a letting agent aren't you?

(Bazongaloid, Tue 30 Apr 2013, 16:16, Reply)

hahaha

( sporters I’m sincerely gratitude to you, Tue 30 Apr 2013, 16:16, Reply)

worse

( Naked Ape call me Caitlyn, Tue 30 Apr 2013, 16:18, Reply)

You're a surveyor.
Oh hang on, that's me.
(Bazongaloid, Tue 30 Apr 2013, 16:19, Reply)

I KNEW IT!

( Naked Ape call me Caitlyn, Tue 30 Apr 2013, 16:23, Reply)

Destinys Child really needed more inspiration

( sporters I’m sincerely gratitude to you, Tue 30 Apr 2013, 16:24, Reply)

We bullied ours down to a one off £400

( sporters I’m sincerely gratitude to you, Tue 30 Apr 2013, 16:15, Reply)

fuck that's cheap, what was the percentage?

( Naked Ape call me Caitlyn, Tue 30 Apr 2013, 16:17, Reply)

Monthly rent is £950

( sporters I’m sincerely gratitude to you, Tue 30 Apr 2013, 16:21, Reply)

To rent my flat would cost you £1100
One bedroom ground floor ex-council flat. A comparable 1st floor one bed in the next block is on sale for £280k - although theirs comes with a share of freehold rather than a dangerously low lease like mine. Still stupid money.
( Monty Boyce, My cheese game is strong, Tue 30 Apr 2013, 16:23, Reply)

We could have gone higher but wanted a tenant ASAP
I'll stick the rent up once their lease expires
( sporters I’m sincerely gratitude to you, Tue 30 Apr 2013, 16:24, Reply)

Apparently that's roughly what I'd get for my house.

(Bazongaloid, Tue 30 Apr 2013, 16:26, Reply)

£240k for that one

( sporters I’m sincerely gratitude to you, Tue 30 Apr 2013, 16:27, Reply)

what, £1100 PCM?
It must be well shit.
( Monty Boyce, My cheese game is strong, Tue 30 Apr 2013, 16:29, Reply)

Well Al lives there, doesn't he?

( sporters I’m sincerely gratitude to you, Tue 30 Apr 2013, 16:29, Reply)

Perhaps if his wife handled the viewings and scheduled them for when he was out, they could ask a lot more.
They'd have to remove any photos lying around and stuff too, of course.
( Monty Boyce, My cheese game is strong, Tue 30 Apr 2013, 16:30, Reply)

foxtons told me mine was something stupid per week
but even allowing the foxtons bullshit discount, i could live fucking happily on that amount if i fucked off to thailand or somewhere to live on a beach.

i think about this fairly frequently tbh.
( rachelswipe with a fork, Tue 30 Apr 2013, 16:31, Reply)

This is based purely on a two second look on right move

(Bazongaloid, Tue 30 Apr 2013, 16:32, Reply)

well if it would be a loan
how would you ever pay them and the bank back? are you pimping out the kid for spare parts or something?

fuck inheritance tax, take the cash.
( rachelswipe with a fork, Tue 30 Apr 2013, 16:44, Reply)

Actually I don't think either them or I had spotted this flaw in the plan.

(Bazongaloid, Tue 30 Apr 2013, 16:49, Reply)

There was a lady who did that moving from cyprus to england, she had the money in the account for 2 hours before they froze the whole lot.
GUTTED.
( G/PP 💩💩💩💩💩&#128, Tue 30 Apr 2013, 16:10, Reply)

I have no sympathy, she was probably a tax dodger and worse than nakers

(Bazongaloid, Tue 30 Apr 2013, 16:12, Reply)

you could consider a 'let to buy' mortgage, but you would have to rent out your existing house.
This is what I suggested to Sportscow, but of course you should consult a professional mortgage adviser. If you were to go down that route it's unlikely that you could port your existing mortgage (and therefore the rate) as you would be switching product.
(dozers, do fuck off ur a nob m8, Tue 30 Apr 2013, 15:52, Reply)

The best thing to do under these circumstances is to:
a) delete your account
b) kill yourself
( Monty Boyce, My cheese game is strong, Tue 30 Apr 2013, 15:54, Reply)

he is a geordie though
his idea of a "massive wedge of cash" is probably a tenner
( rachelswipe with a fork, Tue 30 Apr 2013, 15:57, Reply)

*wishes for massive wedge of cash*

( sporters I’m sincerely gratitude to you, Tue 30 Apr 2013, 15:57, Reply)

that's like 3 houses in redcar, no?

( rachelswipe with a fork, Tue 30 Apr 2013, 16:01, Reply)

5

( sporters I’m sincerely gratitude to you, Tue 30 Apr 2013, 16:07, Reply)

Fuck me, Redcar is GRIM

( sporters I’m sincerely gratitude to you, Tue 30 Apr 2013, 16:07, Reply)

Careful now, you gotta make sure your maridge isn't based on a shotgun wedding first.
Otherwise you'll end up renting one of those flats 2 minutes down the road that has a gym on the ground floor that discouridges families.
( G/PP 💩💩💩💩💩&#128, Tue 30 Apr 2013, 16:15, Reply)

Hmmmm, let me think.
Well, I spend a lot of every week abroad, and while I'm there, it's rude not to stick my penis in the vaginas of a few local girls.

When I am home, I drink heavily, despite having a serious medical condition that has to be controlled by large doses of powerful drugs.

And when I'm meant to be working, I spend a lot of time posting on a website know for it's unpleasant humour.

I reckon I'll be okay.
(Bazongaloid, Tue 30 Apr 2013, 16:18, Reply)

You should be ok as long as your wife doesn't ever read that website.

( tangledupinblue hairy badge with moving eyes, Tue 30 Apr 2013, 16:20, Reply)

If I knew she read this website I would definitely warn people off from making risque jokes about her
and the fact that I knocked her up on our first date because I told her I was wearing a rubber but I couldn't be bothered to find one.
(Bazongaloid, Tue 30 Apr 2013, 16:22, Reply)

haha!
I don't know why people call you a cunt, Al
( sporters I’m sincerely gratitude to you, Tue 30 Apr 2013, 16:27, Reply)

Neither do I.
I literally have no idea where that meme came from.
(Bazongaloid, Tue 30 Apr 2013, 16:28, Reply)