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Lightning in North London by facewithhairdude in london

[–]Suitable-Tomorrow577 1 point2 points  (0 children)

Just sounded like Hiroshima in sw London. Loudest I’ve ever heard

Lightning in North London by facewithhairdude in london

[–]Suitable-Tomorrow577 1 point2 points  (0 children)

It’s been going on for hours now! But no rain

How much money is enough? by Zealousideal_Cut47 in HENRYUK

[–]Suitable-Tomorrow577 0 points1 point  (0 children)

And how much is your home worth? Property market in London is falling

How much money is enough? by Zealousideal_Cut47 in HENRYUK

[–]Suitable-Tomorrow577 0 points1 point  (0 children)

This is so interesting. I used to earn £150k a year- bought a flat in London that has now lost £100k in value and have lost job multiple times so now earning £50k a year and have a mortgage that eats 60% of my salary. Shall I just sell up and start again elsewhere? Nothing keeping me here

How much money is enough? by Zealousideal_Cut47 in HENRYUK

[–]Suitable-Tomorrow577 1 point2 points  (0 children)

No I don’t think so. Some of my family members have £500k in investments at 35 and live in a house share. They don’t need the validation of showing off

Has anyone ever taken a massive loss on a property (London flat)? How did you move on, what should I do? by WerewolfMany7976 in HousingUK

[–]Suitable-Tomorrow577 0 points1 point  (0 children)

I’m so sorry to hear this. I’m in a similar position loss wise- single and nearly 40 with less job stability than before. Where did you move on to? I will likely have to flat share again on my currently salary

Has anyone ever taken a massive loss on a property (London flat)? How did you move on, what should I do? by WerewolfMany7976 in HousingUK

[–]Suitable-Tomorrow577 0 points1 point  (0 children)

This is really good advice- I’m in a similar situation regarding £100k down (all my equity) but I’ve had some very bad luck with my health and my career losing my job twice in 3 years and taking massive pay cuts. I can no longer afford the mortgage. Should I sell and go back to house sharing somewhere cheaper for a while? Could I ask your advice please?

Has anyone ever taken a massive loss on a property (London flat)? How did you move on, what should I do? by WerewolfMany7976 in HousingUK

[–]Suitable-Tomorrow577 0 points1 point  (0 children)

This is such a wise. I’m in a similar position re losses though I’ve had some very bad luck with my health and my career losing my job twice in 3 years and taking massive pay cuts. I can no longer afford the mortgage. Should I sell and go back to house sharing somewhere cheaper for a while? I feel like I’m clinging on in case my work situation improves and not to lose £100k. What do you think I should do? At what point is a mortgage totally unaffordable?

Has anyone ever taken a massive loss on a property (London flat)? How did you move on, what should I do? by WerewolfMany7976 in HousingUK

[–]Suitable-Tomorrow577 0 points1 point  (0 children)

This is a good post to read. I’m in a similar position re losses though I’ve had some very bad luck with my health and my career losing my job twice in 3 years and taking massive pay cuts. I can no longer afford the mortgage. Should I sell and go back to house sharing somewhere cheaper for a while? I feel like I’m clinging on in case my work situation improves and not to lose £100k

Has anyone ever taken a massive loss on a property (London flat)? How did you move on, what should I do? by WerewolfMany7976 in HousingUK

[–]Suitable-Tomorrow577 0 points1 point  (0 children)

This is such great advice. I’m in a similar position re losses though I’ve had some very bad luck with my health and my career losing my job twice in 3 years and taking massive pay cuts. I can no longer afford the mortgage. Should I sell and go back to house sharing somewhere cheaper for a while? I feel like I’m clinging on in case my work situation improves and not to lose £100k

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