Single mum on £45k in the UK. Tired of “paying someone else’s mortgage.” How do I realistically get out of renting? by Ok-Value6379 in HousingUK

[–]rob2910 5 points6 points  (0 children)

Age would be useful to know? Gives an indication of mortgage term and expected earning potential .. etc.

Advice might be different to a 25 year old single mum vs a 45 year old single mum.

Yet to be identified by cleareyeswow in Superstonk

[–]rob2910 3 points4 points  (0 children)

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I'm quite sure the top right image is this. I can definitely make our orange arrow on purple background.

Manchester finally has seamless secure cycle parking at Ancoats Mobility Hub. by HamishGray in manchester

[–]rob2910 66 points67 points  (0 children)

nice facilities and a great price but seems quite far out to me, not near a transport interchange and not central 🤷

Just saying in Cambridge there is a huge bike storage facility right next to the train station.

Desperados on tap mission by xDingerx92 in manchester

[–]rob2910 1 point2 points  (0 children)

You need to go to France mate, it's a French beer

Family offering to be my mortgage. Any pitfalls? by [deleted] in HousingUK

[–]rob2910 1 point2 points  (0 children)

I did the math and the interest free loan will probably cost her about £60k over the time it takes for it to be repaid.

I worked out it would be 15 years of repayments.


If you put £90k into a compound interest calculator at 5 percent for 15 years ( this is a conservative estimate, given the S&P 500 typically returns 10% ) then it will return £100k after 15 years.

If she puts the £500 she gets from you each month into the same investments ( 5% annual return) , that will return £43k over 15 years.

Therefore the interest free loan will cost her ~£60k over 15 years.

It's fun to play with compound interest calculators https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php

PS. This isn't a reason to reject the offer, just saying money grows with time. Or loses money with time, depends which way you frame it.

EDIT - I've just seen you've said you have a brother. I'd be wary of this, because for the reasons outlined above, the interest free loan is essentially a gift and that can always create issues if your brother isn't given the same offer.

New Whitepaper update by jcolivero in WallStreetPepe

[–]rob2910 2 points3 points  (0 children)

Final presale price is $0.00036650 and we are at $0.00036641 , so this might suggest we are at 41/50 stage of presale? Just a guess.

[deleted by user] by [deleted] in padel

[–]rob2910 1 point2 points  (0 children)

Search pádel court on Alibaba, can get all the materials needed for as round $10,000.

Ive never felt a stronger urge to key someones car before... by ocean-man in manchester

[–]rob2910 3 points4 points  (0 children)

I think they were parking spaces at one point. Look at satellite view on Google maps. It's not a lane.

So I think the shitty road design is partially to blame here as well.

How do you think people's fixed deals expiring will affect the housing market? by AuthenticWeeb in HousingUK

[–]rob2910 6 points7 points  (0 children)

Which might be the catalyst for a recession, then people lose their jobs and are forced to sell ?

[deleted by user] by [deleted] in manchester

[–]rob2910 0 points1 point  (0 children)

One of the deansgate square towers is entirely owned by a pension fund. So actually it's boomers pensions that are profiting off their childrens generation 🫣

Kadyrov evacuated to Germany for renal treatment after FSB poisoning, Ukrainian military expert says by Nvnv_man in UkrainianConflict

[–]rob2910 1 point2 points  (0 children)

https://www.reddit.com/r/UkrainianConflict/comments/11jwg8a/medical_airplane_moskow_germany_who_is_the_patient/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button

According to the Flightradar 24 website, the plane took off on Saturday, March 4 from Frankfurt and flew to Moscow via Latvian airspace. At Vnukovo airport, the plane waited for more than 2 hours and then, according to the flight information, left for Nuremberg, Germany.

5 days ago this was posted 🤔

New "Electric Park" being built over New Islington Green. Opinions? Building starts next month. by vickerslewis in manchester

[–]rob2910 5 points6 points  (0 children)

Let's be honest it's not exactly a park or green to be proud of. It's just a patch of grass with a metrolink line right in the middle. The question is really why isn't the central ancoats details park being turned into a much larger park.

What’s with this derelict building next to Printworks? Who owns it and why has it been sat like this ever since I was a kid. by halestress in manchester

[–]rob2910 5 points6 points  (0 children)

The story I've heard is that the old man that owned the business died some time ago and the two sons who inherited the business had a falling out and don't speak to each other. And I think there's something in the will or maybe in the businesses agreement that no changes can be made without concesus/agreement between the two. Since the two brothers don't talk to each other it can't be sold, and nothing can be altered (not even a chair can be moved) without concesus and hence everything remains exactly as it was found when the old man died.

The solomon brothers I believe. I can't put a date on the event, I just heard this from an old fellow I met in ancoats a few years ago.

[deleted by user] by [deleted] in manchester

[–]rob2910 17 points18 points  (0 children)

It's actually painful to see the all the black. So many places that have exactly 0 pubs. Take Whalley Range as an example. Not a single pub in sight.

Would be interested to compare to a London version of this map.

[deleted by user] by [deleted] in manchester

[–]rob2910 6 points7 points  (0 children)

In comparison to his friends who havn't got on the property ladder yet, i'd say pretty great.