I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
I am a londoner, and the situation has become completely insane for individuals - it only serves to benefit offshore investors and corporate developers.
@joshtraffanstedt2862and yet people say of Charles - "he's one of us! A down to earth guy!" - he's riding in a gold carriage in gold robes! People are ridiculous in this country.
4 years ago I was paying 1200£ a month for a one bed flat in Stratford. My Italian girlfriend then, wife now, complained to me so much about how much money we were wasting. So after a few years of this nagging I agreed to move to Italy with her. We now have a two bed flat we are renting with a sea view and we’re paying 350€ a month. Finally we can see our savings really growing and soon we’ll be able to buy a house here outright without a mortgage. Get out of London. It’s a trap.
@@MikeDavidson-hi6nm North germany here. He's right. Paid over 2k in London for 2 small rooms. Now I pay 870€ for half a House. 3 rooms, 1 bathroom with Tub and seperate shower, balcony and kitchen big enough for a 5 Person Meal. London is rough ..
Well said London is a complete shyte hole, Greece have some fantastic opportunities also. 50-80K for a cottage with mountain /sea views and acres of land
In 2011, my mom was offered a flat on the 17th floor in grenfell tower, but she refused the offer because the lifts were defective and had a fault at the time and she has mobility issues, besides it was abit far and the building looked off. We were shocked when the grenfell tower fire happened, still feels emotional everytime we drive past it. We no longer live in London though since 2014. R.I.P to the grenfell tower victims 💚🙏
So please to hear. In contrary one of my neighbours (a very kind family) who lived just opposite side of my house were moved out almost forcefully to Grenfelt Tower a year before the tragedy. Their entire family of 5 died in the fire. The dad was in his 80-90s and his daughter was engaged, was supposed to get married end of that month. The news were horrific.
Completely insane indeed. For that price (£500,000) I have a luxury villa in La Nucia (Costa Blanca - Spain), with six bedrooms, four bathrooms and a generous built area of 200 m², situated on a spacious plot of 652 m², private pool and garage box for two cars included. And not least, almost year-round sunshine.
You've been had.! I have 300sqm built. 21,000 sqm fenced land. 50sqm garage. Own well water, drinking water. No neighbours. Etc etc. €55,000. Spanish weather.
All very well, but unless one is very lucky there's not a lot of work to be had in places like that. The main reason London (and indeed other capital cities or affluent port cities) is an expensive place to live is the proximity to opportunities that will hopefully help you get rich enough to be able to afford a decent future. In essence people are gambling that staying somewhere like London will eventually pay off and make them wealthy.
@@sigiloXXX No sorry, 20 years old house. Thermal blocks, insulated, double glazed. We grow sunflowers and cereal. Lovely small village five minutes away. No guiris, no noise, or hassle. Trees and a stream. Oh, and my wife and I are not english, speak Spanish and wouldn't dream of living in an urban environment. We do part time work with the ayuntamiento for pin money. Having farmed in Ireland and Wales previously, I can say, this is nicer, easier, and cheaper. All based on being in Spain since Franco was alive. The foreigners who buy the kind of property you describe, are tolerated in order to boost the Spanish economy. Thank you for your investment, it pays our pensions. Worst case scenario, we have lost €55.000, but have made €4/5000 a year from the property, for twenty years....... you on the other hand.... bought at the peak of the housing boom...Duh.! paid over the odds and stand to lose.... Thank you for confirming my original comment.... you have been had.
@@wanderingturnip The thing is in 1989 between us we earned £34,000 a year so it cost less than 3 times our joint earnings. Now we live on the edge of the Peak District (Broadbottom) in a 4 bedroom beautiful stone house with a garden we bought for £192,000 5 years ago. Our joint income is £112,000 which to buy that London hovel would cost us well over twice what we paid in terms of the multiple of our income (6 times income) now. Seriously, the edge of the Peak District which is basically paradise, for a house 5 times the size of what we had in London. We paid for it in cash with the profit we made on our last property in Tooting. Edit No I'm not a southerner who moved North to take advantage. I was born in Chester.
@@peterd788 34,000 would be a very good wage now in 2023; never mind in 1989, my wage is about 15,500; in 2023 & i could manage on a lot less, if i needed to work less, but i,m rent & mortgage free, my mortgage is fully paid.
@@peterd788 I used to live in Tooting Bec (Montana Road) back in the early 90s. It was the overflow for people who couldn't afford Balham (which itself was the overflow for Clapham...). Now that house would be a million or more. It's crazy. I know that rising house prices increase wealth - or the perception of it, anyway - but honestly I think the social costs outweigh that superficial benefit.
I was born in London not very far from where you were in Brixton. The price of houses and the rents there now are completely obscene and I feel very sorry for young people who need or want to live in London in 2023, they are being robbed blind and exploited. That guy at 24:47 sharing with eight others sums it up, it's bloody Dickensian. As you can probably guess I left there a while ago and don't regret it.
Only reason I’m able to live here is cause I live with my parents. When I eventually move out I’m gonna have to move to Herts or some other area that is outside London but still has decent fast links to the city. I want to get on the property ladder 😂😂 Nearly impossible though in this day and age.
@@potato1084 not impossible mate . Its hard but just need to put down deposit on a flat, refurbish it if anything. I know its easy to say this but gotta risk it mate you never know
My brother bought his house in Hackney in 1998 for £125,000. He sold it five years ago for over £1,000,000. It was in a lovely road with a park at the bottom, and the house was really nice (although needed a lot of work when they moved in). It feels so weird knowing that you could once do that, buy an actual, entire house with three bedrooms in London and a huge sitting room and kitchen and garden for £125,000. I will never, ever be able to afford to buy my own place in London. Many of the houses my brother bought are now divided into flats, each costing £400,000 and some on shared ownership. It's crazy to think that you can only buy a 1/4 of a flat in the same kind of house my brother bought. I am actually really worried about the future, I still live here but will 100% have to move to another part of the country within the next few years. To anyone who says that's good because they hate London, I happen to love London with all my heart. Not only are my family and friends here but I love the city. It is way friendlier than people often suggest it is and there isn't anywhere like it culturally. It's heartbreaking knowing I can't sustain living and working in the place I grew up in and love.
That's really sad to hear, it's like being exiled, but in the end, people make peace with their new home - it takes 3 years to fully settle in and for the homesickness to go away. After a while, you start to discover beautiful and magical things about your new town and start to find pieces of yourself in it. In the end, you will wonder what you ever saw in London. People are incredibly adaptable and resilient. As for me, I will be in London for as long as I want but there is a catch - I will need to look after my elderly parents in their large housing association home that is crumbling and in a state of disrepair. I can never decorate it how I want and I have to tolerate living in near squalor because it's super cheap and I can save money. Once I save the money for a deposit, the only places I can afford a house are up north. I can have a pristine and immaculate little terraced house in Leeds far from everything and everyone I love or I can live in a dingy house in London and never own my own home.
@@sheveka I feel you, that’s a difficult situation to be in. In our own ways we are both very much luckier than some. I didn’t even mention the pension factor: I’m not close to retirement yet, but when I am I fear I’ll be lucky if I only get the state pension (and they are continually pushing the age upon which you can receive it up). It is crazy how much it costs to buy in London now, and you are right, for the same money as a small, dingy flat in a not very nice area in London you can buy a nice terraced house on a nice road somewhere else. Just like my brother did in Hackney in 1998 in fact! I’m not sure what the solution is, obviously a massive house building project including huge a huge amount of both social housing and (truly) affordable housing. The shared ownership schemes seem like a scam to me. Without wishing to get political, it’s so frustrating that people keep blaming immigrants for this mess / people ‘coming over on boats’. Consecutive governments have messed up on house building, and developers are yielding enormous profits for flats they sell at a huge mark-up and which are often not quality builds. Thatcher shouldn’t have implemented the right to buy scheme, council flats should never have been sold off. Thing is, even if a massive house building project now happens I don’t think the pace could be fast enough. I’m single which also doesn’t help, most people I know who have been able to buy are in couples. Salaries that were once relatively respectable (if not amazing) are now terrible, especially in London. It’s difficult not to despair really. It’s a good thing if you can save. Also good to look after your parents. Save every single penny you can, I don’t spend money on anything any longer. I do have a holiday booked later this year, but I justify that, it’s totally necessary. But frivolous things, from coffee at Pret / Starbucks I no longer do, chocolate bars etc., I’ve dispensed with. I rarely buy clothes. It’s difficult enough travelling in London, it’s so expensive! So I save everything I earn within reason. I figure having even a small amount saved is preferable to having nothing. And maybe one day it’ll translate into a house in Leeds!
I literally bought a 4 bed (3 bedrooms + office size room) semi-detached outside of London for £315,000 in 2021. Seeing a wrecked terraced house for £500,000 and that being considered cheap for that area is mad.
Really great video. I did it the other way round. Went to uni in Bradford. Lucky to buy my first house in Southend when down payments were minimal in 1998 for about £47,000 as newly qualified teacher. Still could only afford tiny 2 bed and moved in with a lodger. Sold for £83,000 in 2001 and bought spacious 2 bed victorian terrace in Waltham Abbey (just outside M25) for £97,000. It's worth about £380,000 now and I plan moving either back up north or to the South country as soon as I retire. Being able to park outside my house will be the biggest luxury. Homes should be affordable for all. The wealthy have made owning a home impossible for anyone not in the privileged upper middle classes. The greed of big corporations is vulgar. It is a very sad case of affairs.
Thanks for your comment. I went to Uni in Bradford in early 90s as an intl student, interesting to see what my circumstances might have been had I stayed in England after my course.
I live in Northern Ireland, and London prices are just bonkers to me. 2 years ago I brought my house for £175k (3 bedroom, 3 bathroom, driveway, front back garden, tonnes of space, £550/month mortgage, etc) and I looked to see what the equivalent was in London and I could basically have got a tiny 1 room flat for the same price. Crazy. You could buy an entire street in Belfast for the same price as a nice house in London lol
My wife is from Northern Ireland and we’re moving there next month. Currently we’re living just outside the M25 and paying just under £1000 a month in rent for a tiny studio (over £1000 if you include the cost of storage since we have no room to keep anything here). Whereas for £300-£400 a month less we can get a decent 3 bedroom house with a garden within commuting distance of Belfast. I honestly don’t know why anyone wants to live in London now.
I am British but live in Germany, and all i can say is i am so glad that i got out when i did. What a mess Great Britain is now in. And i personally would not touch even one of those houses for those prices. For €300,000 you would get a first class property with a beutiful garden in Germany and not one hole in the roof :-). Great video @Wandering Turnip.
Really enjoyed this video. Basically this is why we left London. We were lucky enough to be able to afford a 2 bed flat in zone 3 but when we needed more space we just couldn't afford to stay in the area. Saw a article recently that said schools in london are closing because families can't afford it. Sad really.
It's because people are literally starting to take the mick, that is why... And it stops other working professionals from doing their jobs too.. so it is swings and roundabouts any way ? So.. when you have kids, move to family areas.. is what I say. Houses are only a pound in Liverpool. lol.... This is so crazy... lol.... And even with the most expensive EV car.. I think it is still workable... ruclips.net/video/E7-Qq-41M7Q/видео.html
I've lived in London for narly 50 years. Every friend I meet up with nowadays talks about getting out (either within the UK or abroad). The house we've lived in for nearly 20 years is all we can afford as moving up from a starter home is no longer possible, (we live in zone 4). And, we're in a MUCH better financial position than most (DH works in finance). My parents where 'just' in their 20's when they bought their first house (secretary and shop assistant). That wouldn't be possible today.... However, my area is much friendlier than the areas you looked at, I live on a long road and know about half my neighbours, a walk to the shops usually involves a lot of stops to chat. But, I guess being a more family friendly area, it's a lot less transient so people get to know eachother....
I think you can afford an actual house up North to be honest... It is now a mere pound. So who cannot afford a pound ? Come on. ruclips.net/video/E7-Qq-41M7Q/видео.html
This is a fantastic video. I moved up north 5 years ago from the south east because I wanted to be able to have more time with the kids and better family life so glad I did. I used to work over 60 hours per week my hubby was as well, never really saw each other as when one was working and the other was looking after the kids. It's not good for children they need time with their mum and dad. I have friends that have chosen not to have kids as they can't afford it, and feel angry at the situation.
Thanks Rebecca. Yeah the north does offer you a much more comfortable lifestyle. I know a lot of people that have just made the move to get out of London, and none of them regret it
We loved the video. We used to live in Halifax and moved up to Scotland in 2015. Prices for houses up here are so reasonable and for people who love the countryside and dry stone walls like yourself, plenty of that up here. Keep up the good work your videos are brilliant.
Great contrasts with your content...love it. I bought in 1997, doubled my money and got out. A little ashamed as I don't believe in houses as investments now. To be fair I used half the profit to fund university and subsequently work in the NHS. As such, I've never been able to afford to buy a house since. It's all a game with the money... Grenfell was a horror, your respect was very genuine. Keep them coming 👍
Don't be ashamed, you took that money and turned it into a public good, for which the government's more than made you atone over the last 15 years. Solidarity.
The second reception room in most of the terraced houses is the dining room. The kitchens aren't usually big enough to eat in. Those houses are more than 100 years old and designed before indoor plumbing was common. It's amazing how they've been adapted over the years as technology has advanced. London prices are insane. But no place in the world is like it.
London is unique. For centuries people representing every corner of the known world lived in London. There are places where you can look out on Roman era ruins from a very modern office building. Some people can't imagine living anywhere else.
i worked down london in 1999/2000, i roughed it & slept in my car, got washed anywhere i could find a sink, such as supermarket toilets etc , i ate in cafe,s or takeaway chippys & got a truckstop shower & meal, if i was not far from a truckstop, with what i saved, i bought a 2 bedroom terrace house up north for 6,500, which i done up myself fairly cheaply, to make it liveable, it is now worth about maybe 65, 000, but it means i can stay in a low paid job, which is 1,180 per month, but ok with not having to pay any rent or mortage
I bought a 3 bed small Victorian terrace house in a place called Addiscombe in SE London in 2010 for £190k, Admittedly as i was thinking i was never gonna move, i went overboard with it, put in an upstairs bathroom, replastered all the rooms, wooden floors, rewire, knocked all the downstairs rooms through and put an extension out the back with bifold doors, i mean it was very nice by the time i had finished with it. But i sold it 8yrs later for £435k....😳
What would be even more intriguing is knowing what happens to those houses afterwards, are they ending up as family homes, or having walls put in everywhere to create as many bedrooms as possible. Also another thing to bare in mind a few of those properties were ex council owned, which adds more to it. Great video
I can tell you that around me, one run-down house with a large garden got converted into 7 houses, and the one next door which was a 3 bed terrace, got converted into an 8 bed HMO. So, both!
They'll probably get turned into houses of multiple occupation, and then guaranteed rented to serco to accommodate ever more immigrants in london at taxpayers expense. who them and their descendants will then garner most of the job opportunitys in london - its a vicious cycle.
Depends on the area. He went to some typical student housing type pretty nasty bits of London on the video where my son's recently students friends might live, rather than nicer bits (whichare more expensive) where people tend to buy a family home. My road is family homes in outer London - quite expensive ones, last one to sell was over £2m but they are large and detached with big big gardens and rules which means they can never be divided into flats or gardens sold off.
My guess is that these will never be family homes again. My son rented a conversion in Tottenham a few years ago. 3 flats out of a 3 bedroom family house. Horrible cheap conversion housing 9 adults.
It's a good question, the borough councils can and do set planning rules to try to retain family size housing, it's not as easy to get permission to split houses up as it used to be 20 years ago. They are in a bit of a bind though as splitting houses up does count as increased housing supply which is also encouraged and potentially desirable.
Loved your video! Renter here in Bromley London in my early 50s it’s looking more and more hopeless trying to get on a rigged property ladder. Keep them coming!
I bought a 5 bed house in London in 1999 for 100 k, It was a doer-upper, I rented out a couple of rooms to help pay for the referb, which I did myself (with the help of the Readers Digest DIY manual. I extended into the loft (did the work myself) and now its worth about 900k. That was the best single investment I ever made !
We bought two buy to let (I call them buy to lose) flats in the 1980s and ended up selling them at about 50% losses in the 1990s crash in London. It has not always been a one way bet on London. We also sold our family home in 1990 at a big loss too although put the money into my current one where I hope I will live for 50 years in outer London.
Great film. It brought an awareness to me which I was unaware of on the level that you expressed. I discovered you after the County Durham film. Very disturbing, all those rows and rows of houses with fake doors and handles 😒 It's strange how we're all in this massive melting pot and all having different experiences. The whole Grenfall thing was beyond disgusting and as those people say, no charges 😢 the other thing that made me emotional in this film, is the fact that everybody as a right to live somewhere that sparks joy, happiness, community and wellbeing and this film highlights the fact, that these simple things in life are being treated as though they are a luxury. So sad. Keep doing what your doing, great stuff. 💚
There’s been terrible buck-passing and arse-covering over Grenfell, starting with Kensington. These days it seems you can do what you like, chisel cash, skimp n your job (I’m thinking of sewerage) and you still get rewarded.
I love your video ,I use to live in London in1987different story...use to oay £ 50 for a bed sit...quite a similar process is happening in Milan at the moment ....but big building are growing everywhere no parks or new pubblic garden areas are been developed.Thank You for your job and report.
Truly spectacular ending! And it was so damn sad and heart-touching that you stopped by Grenfell... (Such a terrible and sad event that could have been easily avoided). I love the North so much and I hope at some point to be able to move up there with my family! Your video just reemphasized why I should do that! :)
I lived down in London for a year; like you I found it too noisy, and far too expensive. Couldn't really afford to do anything, beyond living costs. Rent was £2k per month. The prices in some areas of London were; if not elevated above average, at least far above the prices in our area quite a while ago, my granddad moved to Hebden from Ealing in 1969, and had a choice of buying an entire street of run down houses in town, or an acre of land with some run down mill cottages on it near Hardcastle Craggs for the same price as he'd gotten for selling a small 2 bed. Nice to see your channel flourishing; you're a natural presenter.
I spent most of my working life in Stevenage, which is only 30 miles from central London. House prices there were only slightly more than large parts of the Midlands and the north of England but massively less than places only slightly nearer to London like St Albans or Potters Bar. However the rising cost of house prices in inner London since about 2000 has created a bow wave that means that people brought up in North London couldn't afford to live there and so many moved to Stevenage, making Stevenage more expensive relatively for those of us working there. Having grown up in Edinburgh, I know the house prices there are also unaffordable for many people from elsewhere in Scotland wanting to move there but the differential is not as great as in London.
Yeah, as someone who was born in St Albans people used to move to Stevenage because it was affordable, but not really anymore. I moved to Plymouth with no plan 3 years ago and within a year I have my own flat. I never would have been able to buy property if I had stayed.
You are so brave. All of those homes was so dirty. I would have burned my shoes when I got home 😅 Another note. Being born in London and seeing the prices go up and up and up. And rent doing the same, whilst wages and travel is diabolical. Its just heartbreaking.
Parents bought a 3 bed semi in Buckhurst Hill (just over the London border but on the tube) in 1970 for £5k. Sold in 2004 for £470k. That house was on the market for £900k but has dropped back down to £560k in 2011. I grew up here and couldn't afford to live in my town, so I moved to the East Midlands and paid £93k for a two bed terrace which 20 years later is worth £180k. But what I have now is a house, the value is relative to what I buy next.
Great to see a working class property show 👌 The state of decline is clear in the both the lack of concern for the state of housing and the increase in shared accommodation.
Most people I know in London are starting to plan leaving, or have already left. Most of them grew up in the city as well, but it's just too expensive to stay. I'm nearing my tenth year in London and after watching friends experiences trying to find new places to find a new flat in London, I think I'm going to have to leave as well.
@@wanderingturnip Could have been made by someone viewing the house. One house I sold I found holes in the fabric of the house after a viewing, Very annoying but i could understand why someone might do that.
the thing to remember is that in london you're paying for the location/ land. No matter how damaged the house is, you still have the option of bulldozing it and doing something else with the land that sets a minimum price.
Wandering Turnip, I really love your segment that you do. I liked the last house for the size of the rooms, it’s a shame about the train in the back. Thank you so much. I’m from Essex, my mum and dad came from East End. I now live in Perth Australia. Thank you so much for you kindness. I really enjoy watching your other segments you do. Xx
Wow, I’m speechless at the prices. I live in Perth, Western Australia, and the £500 thousand is $1 million in Australia It would get you a 5-6, mansion on the Beach. I live on the beach in a gorgeous 4 bed house, just ordinary working class background. It’s so sad uk has changed in the 25 years I have been living here, I do miss some things lots of family in uk, but housing wise 😮
My parents lived in a basement flat in Chelsea in about 1970. Apparently it looked like one of the places ypu go round back then. The woman who owned the house lived on the ground floor and tried to sell it to them for a decent price but they were young and didnt want to got bogged down. They came back up north and flats on that square are going for a couple of million now. Mad.
Another great video. I moved to Brixton in 1984 from Birmingham (I was 18) and lived there and then in Lewisham until 1998. I was lucky even then and got a council flat in a really nice block but got into a bad relationship which meant in the end that I had to give up the flat an move out of London. I never regretted it until the few years after my husband died and I find myself living in a city where I know no one really. I would love to move back to London as I have more mates there than anywhere but I couldn't afford it.
Are you back in Brum? I'm wondering about moving there from London because of the cost of everything down here but having lived here most of my life I wonder whether there's enough of a big city vibe up there for me 😐 I think I've been spoiled with so much available on my doorstep (albeit at a price) that I can't imagine how to build a life somewhere without it. What the hell do people do in a small town in the middle of (insert random provincial county here)?!? I think I'd go bonkers.
@@grayhalf1854 I lived most of my life in London. Whgen I got married we couldn't afford to live there, so we moved to Birmingham where my wife's family live. Birmingham makes sense as a city - it is a sensible size. London is a country pretending to be a city. The whole UK property market is based on rich and super rich people being allowed to squeeze every possible penny out of the poor. It's time to get rid of the speculators, money launderers, foreign kleptocrats and buy-to-letters who have enslaved the rest of us.
Some housing associations in London have lists you can join regardless of income or where you live now, and there are one and two bedroom flats in certain areas, some of the areas not bad at all and not that far out that don't attract much interest for some reason. They are usually in low rise blocks or houses converted into flats. You may have to stay on the list for a few years or you may get lucky and find somewhere sooner. Some of the rents are social rents and some are affordable rents but usually cheaper than the 80% of local rent stipulation. Not entirely sure which HAs offer this still but may be worth looking into if you want to move back to London.
@@sophiejdalston if they allow like kids or pets but you have to be a job cuck steady income .I think the way forward is converted container living as even plots of land is cheaper to rent than a luxury flat
Very interesting tour of "budget" houses in London. I can only imagine how much the house in Brixton next to the railway line would shake! I was in a car driving past the Grenfel tower after it burned and before it was covered up- it was shocking to see the fire damage to the outside of the building. I lived in London (many places from Southall to Hanwell to Plumstead and to Mile End) but managed to find low rent when I was a student back in the early 90's and ealy 00's. I had friends lving in a squat in a high rise block- the flats were being cleared out so that the whole building could have asbestos removed but as it took so long to rehouse people, flats were empty and the caretaker was cool with peoole squatting if they didn't upset the rent paying neighbours. He realised that people living in a flat kept it in better condition than it being empty. Most of the people squatting were working and respectful and their was a community of the people who squatted. I do remember visiting and we could go onto the roof (of a 15 story tower block) via the fire exit and someone would play a guitar as we'd drink and enjoy the views over London at night!
Our house is a solid three bedroom terrace, bigger than all the ones you see and a lovely garden. We literally live on the outskirts of London, on the central line and I’m pretty sure our house wouldn’t go for more than £500,000. Next to what you saw, our house is a palace so maybe if you went just a tiny bit out, you would get better for slightly less, but I do agree with most of what you said. Stay up North mate 😊
Agreed, houses on the end of the underground lines are still reasonably affordable and quite large/renovated. Morden, Sutton, South Croydon in the south are still affordable and Barking etc in East are even more so. I do suspect they won't be affordable in 10 years though.
Brilliant Vid, excellent content! Living in London, I would say you absolutely nailed it with this vid. We saw a good comprehensive range of properties in your chosen category and I thought your Vox pops really demonstrated the London problem. Will it ever end… no I don’t think so; there will always be a turnover of young(ish) people coming through the door. The price comparison with the north while stark and quite amusing belies the fact that as we know London is where the money is. ….. Interesting comparing the auction properties sale prices. One went 20% over guide, whist the other was only 10% over.🤔
I appreciate it cheers. I spoke to a lot of older people who had such interesting stories, they just didn’t want to be on camera. But hearing the contrast between people who had bought in the 70s for virtually nothing, in comparison to a guy living in a flat with 9 others…was really crazy
Nice video, thanks, first time watching. People in London are weird, very private and sometimes neurotic. I lived there in the 90s and it was the same then.
Funny that you should mention the early 70s when the houses were £5000. That was EXACTLY what my parents paid in 1973 for a semi detached on a bus route in Crouch End. Would probably be 2 to 3 million now 😮 I have a council tenancy otherwise I could NEVER afford to live in the city of my birth and 200+ years heritage!😳
Quick Google search for an inflation calculator, that £5000 would be around £99000 today, which while a significant number is nowhere near what we are expected to pay nowadays
Lived in London all my life and always loved it but in the last couple of years it has just become more and more unaffordable and just a general cesspit. There are huge swathes of housing that has been bought up by foreign investors and is left empty. They just simply buy it then sell it on without anyone living there. Just walk along the embankment and you will see empty luxury appartments. Whilst ordinary people from London are being forced out. I intend to move out of London or even abroad.
@@micharein2213 Agree. Just can't understand why the powers that be are hell bent on turning London into a place for the super rich and the super poor.
@Mike Treneere-Kernow This! I wonder where it will stop? I have seen recently a few videos of people in portugal complaining about all the brits coming over and driving up prices there.
I immigrated to London from Santa Monica in 2019. I bought a freehold terraced home with a garden for £2.7mm in Notting Hill in 2020, and am currently doing a major renovation to my property. Another property on my street sold the next year for £3.75mm unrenovated. My saving grace is my 1.49% mortgage rate. I plan on living here forever and I’m only 54. I feel very lucky as my street is a safe distance from Carnivalle, yet walkable to Portobello Road. Love your tours. Ty for your reporting. 👍🏼
I really feel for the young people wanting to live in London these days. When we first left college and came to London in the Seventies we were house sharing, rent was £30 each, yes £30 each, a MONTH. Total rent was about 260 a month for a decent sized semi detached property. Taking into account wages were much lower then, the rent was about 25% or less of earnings. There are a lot of properties in London that are owned by the rich as investments - but no-one actually lives in them.
Great channel , i also live near Crystal Palace (not a shared flat), 2 bed , quiet with lovely views ,, £1300 p/m, with a great landlord who hasn’t increased in 5yrs
I reckon you might be one of the lucky ones. A good honest landlord is hard to come by these days. Thank you for watching mate I really appreciate it 👍
@@wanderingturnip welcome mate , good to see a channel like this , I know I’m well lucky to have a decent landlord, But I’m also a Landlord too , so we both know what it’s like , so I take care of the place , so he takes care of me too All the best with your channel
I grew up in Hampshire and moved to London for work and my boyfriend, I feel so out of my depth price wise but I just don't know where else to go. I've been priced out of my hometown as it tends to be a spot where Londonders buy their holiday homes, and of course London is ridiculous, but I don't know anywhere else; how do people figure out where they wanna live? I like the convenience of cities, but I need to figure out what other cities/towns there are in the country that are both affordable and nice, without also having the guilt of being a southener taking advantage of northern prices haha
My advice, go where the rent is cheaper and the pace of life slower, if that’s the North then come on up. Loads of great cities up here, Manchester, Leeds, Sheffield, Newcastle. To name a few.
I'm from North London, my parents had a business in Northumberland Park just around the corner from Durban rd, so have seen & experienced the change since the early 70's moved down to Kent over 20 years ago. The South East is just so expensive for any land or property.
Yes Kent is pretty expensive but so is the rest of the south coast. Having the channel tunnel as well as numerous ports all acceding Europe that is only miles away and can be seen on a clear day means it’s Busy & Expensive! @@wanderingturnip
I thought the Railway Tavern closed about 7 years ago as I remember it being open but looking up online it closed in 2007, I had to move out of London because it became too expensive for a single person to rent a 1 bed flat on a low income/wage but I still work in London and the commute is my 2nd largest outgoing after rent (excluding deductions) now being out in the relative countryside and outside the M25.
@@wanderingturnip 20 min walk then 13min from Broxbourne, Herts to Tottenham Hale, about 6 trains an hour so good service however £7 each way peak, luckily I often leave before peak cuts in at 16:00 or sometimes get a lift otherwise £14 a day soon adds up over the month to around £300. Driving the same journey takes around an hour and for my oldie car ULEZ charge ontop so driving costs more for me but I love trains anyway so the commute is ok apart from the cost
My husband recently found your videos on here & what an eye opener they have been, property where we live are a lot more affordable than London prices but still expensive for average couple. Our town is similar to the High street shops closed apart from nail bars, hair salons charity shops etc. Look forward to watching all your videos now. Thank you.
Loved the banter, spot on! So glad I made the move to get out of London, been there for over 10 years but I now also enjoy woodlands and a quieter life.
An incredible video has made me realise how lucky I am to live in London. My parents are from India, who then migrated to East Africa, then had the opportunity to work in London. This was all linked to Britain's ruling of both countries. When my grandad had the chance to work in London, he got on a boat controlled by the UK to support labour and trade. The graft is something I’ll never understand being “twice immigrants” but long story short, after years and years of hard work, I now live in a house with my brother and mum… zone 4 on the tube map, Woodford, in a 5-6 bed house, garden and garage. I live now in what is considered Epping Forest. People are friendly, and you don’t feel like you are in London, yet so close to everything… arts, culture, theatre, bars… I don’t take what I have for granted, but my dad always said, “Trying to buy a house back then for £30-40k we thought was impossible, but with a will and determination, there is a way!”
I know a lot of Indian people lived in East Africa (Uganda, Kenya) but I didn't know many Indians lived in the old British colonies in West Africa (Nigeria and Ghana and Sierra Leone).
I live in a bit of London with many Indians - suburbs. We first bought in the 80s for about £40k, my first salary was £6250. We needed two full time professional salaries - it was not the easy to buy thing people today seem to assume the past was. My other half was a teacher and they could not get any teachers down here in London because of the massive difference in the 1980s between north and south so we started out in a school provided flat - I slept on a mattress on the floor when pregnant and then we put every last penny into buying the first place.
I live in zone 2. And pay about 800 a month as a property guardian. I live in vacant buildings until the owners work out what they want to do with them. I currently live with about 10 other people and share 2 kitchens and two bathrooms. You could buy a whole street in Horden for the price of the first house
Oh yeah I’ve actually looked at doing one of them before. There was a place in Manchester that was absolutely insane and for real cheap. What’s the notice like when you have to move?
@Wandering Turnip when I started living like this 13 years ago we were only given 2 weeks to vacate. Now it is 4 weeks. The conditions of being a property guardian have changed a lot and have moved more towards normal tenancies. Including how much we pay. 10 years ago I was only paying £230 a month
My daughter rents with guardianship. I've been paying her rent for over a year. She just had to move and renting one room she shares with her friend In an empty school Others obviously live in it too 550 a month each to share one room It's insane
I lived in London most of my life till age 33. If I ever would of smiled at a stranger ( which I would not of dreamed of doing!) They would of thought I was mad. But I now live in the outer suburbs and people smile at each other all the time. Took me a while to get used to it.
I had the misfortune of living in high Wycombe ( not sure if you mean that far out) .I can honestly say they were the strangest most miserable people,give me London please😊
So strange.. because I m experiencing the complete opposite , I used to live in London for the last 10 years , people always says good morning and smiles at you ! PSince I moved to NOrth west precisely to Bolton . It has been horrible. People are so cold and angry at all the time. Not only here but also in big cities as Birmingham or Manchester. HORRIBLE
@UnjustifiedRecs I moved to yorkshire from the south east a few years ago and it was the strangest and nicest thing to have strangers just say hello to you as you were walking by. Not sure i'd want to live in any of the big towns though.
@@chmska7844 : Manchester is full of Londoners.. or basically full of NOrtherners that went down to London and now back up to the North and the whole entire.. "Greater Manchester" thing is starting to bite a lot too. lol... It's their fault for making it SO bad.... So... I would try Leeds, still relatively sociable.. or even in Sheffield. Relatively still nic-er....
@UnjustifiedRecs : lol..... Same with my sister in law, when I went to Leeds the other weekend with her... and she kept staring at me. lol... I was chit chatting with a guy and his son... and talking basic sociable things and chit chatty... lol..... Her eyeballs went wild. LOL..... I was asking him about the commute, and what's new with the local developments, and things like that. Stuff that you would expect to see in an actual newspaper ANYWAY ???... She thought I was mad. I thought she was nuts. lol.
Love the video's and you have become a natural in front of the camera. Your a hard working lad walking all over the place and for that i have subbed you today. Keep safe mate!
Very interesting. I live in outer London on the other side, north. The reason prices are so high here is people want to live here. It is like New York, Sydney, Berlin - they are all the same. Part of the reason is many many many more people (18m more in the UK than than when I was born with so many wanting to work where jobs are), another reason is I was paying 17% mortgage interest in the 80s and my current rate (paid the mortgage off last week - I am an old person now) was 1.34%. London is not for everyone but it is vertainly a great place for a first job and to have fun with your friends. Outer London is a perfectly decent place to live
The holes in the ceilings (at least the large ones that were clearly created on purpose) are likely to be for the purposes of surveyors assessing the structural integrity of the joists.
@@wanderingturnip Not necessarily: it could either be done by the seller and the property sold for a higher price, or done by the purchaser and the property sold (earlier) for a lower price. It is really about cash flow and (from the purchaser's perspective) control of the works.
Your feed is interesting, though most of those types of properties end up with dry rot, rising damp and woodworm. Most need new or refurbished roof, plaster, rewiring and plumbing. So never think London property is just cosmetic. Plus the trades prices are ridiculous to boot. London is now the largest slum city in Europe and has the smallest rooms in Europe and poorest health and safety control. I've been advised is also the largest for money laundering, which is rarely checked for illegal activity through the government's actual regulatory controls. So thank any ruling governmental power who choose to ignore the law.
How fascinating, and what a fabulous presenter you are. I could listen to you for hours. I lived in Leyton bought a flat in 89 for 54 thousand, that was expensive because a year before the flat was valued at 27 thousand. I live in the country now 45 minutes from the city but house prices are catching up and are as expensive as London.
I viewed a property recently in London and the agent was originally from Manchester and moved to London 3 years ago. I suggested that Manchester was on the rise as a city location and she agreed but said 'it's not London though'...
I lived in London for a while when I was a lot younger. Could only afford a grotty one bed flat in East London. Never again! We live in rural West Wales now, and will be retiring to the Forest of Dean. Our budget will get us a lovely detached bungalow with plenty of space around it.
My parents came from India, bought our family home in the late 70's for £25k. They then bought one in Wimbledon for a little more in 1990. Both are now valued at over £1m. Kept them both so far.
Literally just a case of being born at the right time. Absolute madness. The wealth-disparity between the middle class British people born pre 1980s vs the middle class (if you can even call it that, anymore) British people born post 1980s is massive. Completely different existence purely based on how early-on you were able to buy property.
I was bred and born in those now London suburbs. I moved away 2 years ago and sold my end of terrace house on an estate, brought a detached house in a village in a quite cul de sack. Walked away with a nice profit. I would never move back. The north is so much better. As you said, slower pace of life and people say hello and that all important smile.
The house prices in London are insane. London is king when it comes to entertainment; theatres, museums, art galleries etc.. If you are a homeowener, working from home and not experiencing any of these things, you're probably better off renting your property and moving out of London to somewhere more affordable, near nature, somewhere quieter..
Please taking into account the demographics. when people first moved to certain area’s of the uk Racism was extremely bad… outcasting many hard working Brits.
@@homeoffice3524 : You're not the first to have said that actually... similar to a lot of people too... A guy was living in Cambridge.. and then he let out his flat in London etc.. So... Lots of people do that, but there is a cut off point though... as well... So...
My mum could have bought her house just by Borough Market for £36k less than 30 years ago. Its now worth well over a million. London has become a place for the wealthy. Great vid.👍
Great watch! I used to live on Durban Road in Tottemham just 2 doors down from the property you showed. It really is a small world! As for the prices in London, they are just disgusting. The value for money down here is terrible.
My partners grandparents purchased their home off of Northcote road sw11 for £6,300 in 1963 and now it’s worth £1.2-1.3 mil (not in a good condition) and apparently just under £2mil once refurbished (loft conversion etc)
My parents bought for £6k in Newcastle around that time, were married nearly 8 years and put off babies for all that time as they needed their 2 full time professional salaries to buy that first house where they lived all their lives (and died in it (literally) which was rather nice as what they wanted). When they died it sold for about £550k.Uk inflation would make that £71k instead of 6k so that is 8x more than inflation that that house went up in Newcastle but the state of course gets a huge chunk on their death with 40% inheritance tax so at least the less well off benefit because of the UK's high inheritance tax - cradle to grave we are taxed to the hilt. Stamp duty land tax on one of my children's two purchases in the SE has been in total about £300,000 - enough to buy a small house just going to state in huge huge taxes just because we happen to live in the SE.
It was people like yours who destroyed the housing market ,parents are meant to leave a better future for there children yet parents like yours avd many others made housing unaffordable for there children children but good move 👏
@@HappyPawsUK : But then if you think about it, the money goes to the treasury.. and it is taxes isn't it? Which then means that it also goes to the schools as well... and back round in the pensions and the civil service etc etc etc.. So... swings and roundabouts. And then it become jobs... and then people move around, and the circle continues.
This cracks me up. I work in London but live near Grimsby. I definitely prefer the quiet and cheaper larger houses. Nice to go down and enjoy what London has from time to time but couldn’t live there.
I move to London 10 years ago from the Azores. I got redundant recently, out of the negotiations I could keep my job but I don't accept the pay cut on my salary. How can I accept that with the house prices in London? I end up loosing my job and I'm done with London. I'm going to move up north or move to a completely new country. No point in staying in London I had enough!
That first house.....I can't even believe they have the front to try and sell it in that state, let alone £300.000!! You would have to spend £80.000+ just to make it livable.....😮 It went for £388.000!!! I grew up in Brixton South London in the 70's and 80's, still live in London....I have never known London to be so hostile as it is today..... Great clip mate...👍
@@chriswilde7246 the topic was about them having the front to try and sell it in that state. If 300k is fair market price (and you could even profit buying it) , why would not they have the front to sell it in that state?
Great video mate! You have a great personality and it's sad to see how unfriendly London is as a place. I've grown up in London my whole life and it's a shame 95% of it's residents can't afford to buy properties in it. I was lucky enough to have bought a 2 bed terraced house in South East London for £376,500 with my partner last June. It needed A LOT of work and is still not fully finished. However I do feel very fortunate but sad that a lot of people like me are being forced out by the prices and that community spirit and happiness in general is being lost. Keep up the good work mate great content.
love your videos; nice mix of social commentary and realistic capture of everyday reality; but you are sooo positive about the houses; these houses are utter dumps, which need to be rebuilt from the bottom up; in London you may actually pay 100k at least to make these houses livable
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I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
@Ruthe-n8v That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@Ruthe-n8v I will give this a look, thanks a bunch for sharing.
Retirement is no longer an option it seems, due to our collapsed and rotten economy. All due to the LibLabCon permanent traitor establishment.
They screwed you. Everybody who owned their house became millionaires
I am a londoner, and the situation has become completely insane for individuals - it only serves to benefit offshore investors and corporate developers.
benefits investors?
This is what happens when you put stupid people in charge of the country :: Tories 12 Years of Greed
@joshtraffanstedt2862and yet people say of Charles - "he's one of us! A down to earth guy!" - he's riding in a gold carriage in gold robes! People are ridiculous in this country.
@@uioplkhj yes - the investors in mortgage securities, who made the big money out of the credit crunch.
That seems the reality in every UK city now, it's sad.
4 years ago I was paying 1200£ a month for a one bed flat in Stratford. My Italian girlfriend then, wife now, complained to me so much about how much money we were wasting. So after a few years of this nagging I agreed to move to Italy with her. We now have a two bed flat we are renting with a sea view and we’re paying 350€ a month. Finally we can see our savings really growing and soon we’ll be able to buy a house here outright without a mortgage. Get out of London. It’s a trap.
Nice but I think London is cool
Mi piacerebbe ma ho paura di non trovare lavoro.
@@youdontknowme3935 Gli italiani sono fighi, sicuramente troverai lavoro
@@MikeDavidson-hi6nm North germany here. He's right. Paid over 2k in London for 2 small rooms.
Now I pay 870€ for half a House.
3 rooms, 1 bathroom with Tub and seperate shower, balcony and kitchen big enough for a 5 Person Meal.
London is rough ..
Well said London is a complete shyte hole, Greece have some fantastic opportunities also. 50-80K for a cottage with mountain /sea views and acres of land
In 2011, my mom was offered a flat on the 17th floor in grenfell tower, but she refused the offer because the lifts were defective and had a fault at the time and she has mobility issues, besides it was abit far and the building looked off. We were shocked when the grenfell tower fire happened, still feels emotional everytime we drive past it. We no longer live in London though since 2014.
R.I.P to the grenfell tower victims 💚🙏
Subhanallah, your hooyo made the best decision. 17th floor survival chance was impossible saxib
@@liban2 thanks walal. Alhamdulilah
So please to hear.
In contrary one of my neighbours (a very kind family) who lived just opposite side of my house were moved out almost forcefully to Grenfelt Tower a year before the tragedy. Their entire family of 5 died in the fire. The dad was in his 80-90s and his daughter was engaged, was supposed to get married end of that month. The news were horrific.
Your mum was right.
😊😊😊
Completely insane indeed. For that price (£500,000) I have a luxury villa in La Nucia (Costa Blanca - Spain), with six bedrooms, four bathrooms and a generous built area of 200 m², situated on a spacious plot of 652 m², private pool and garage box for two cars included. And not least, almost year-round sunshine.
You've been had.! I have 300sqm built. 21,000 sqm fenced land. 50sqm garage. Own well water, drinking water. No neighbours. Etc etc. €55,000. Spanish weather.
All very well, but unless one is very lucky there's not a lot of work to be had in places like that.
The main reason London (and indeed other capital cities or affluent port cities) is an expensive place to live is the proximity to opportunities that will hopefully help you get rich enough to be able to afford a decent future. In essence people are gambling that staying somewhere like London will eventually pay off and make them wealthy.
@@sigiloXXX No sorry, 20 years old house. Thermal blocks, insulated, double glazed. We grow sunflowers and cereal.
Lovely small village five minutes away. No guiris, no noise, or hassle. Trees and a stream.
Oh, and my wife and I are not english, speak Spanish and wouldn't dream of living in an urban environment. We do part time work with the ayuntamiento for pin money.
Having farmed in Ireland and Wales previously, I can say, this is nicer, easier, and cheaper. All based on being in Spain since Franco was alive.
The foreigners who buy the kind of property you describe, are tolerated in order to boost the Spanish economy. Thank you for your investment, it pays our pensions.
Worst case scenario, we have lost €55.000, but have made €4/5000 a year from the property, for twenty years....... you on the other hand.... bought at the peak of the housing boom...Duh.! paid over the odds and stand to lose.... Thank you for confirming my original comment.... you have been had.
Willy waving on youtube comments… sad!
@@vespadavidson2315 where
In 1989 we bought a two bedroom flat in Stockwell for £89,000. We sold in 1993 for £131,000. It sold last year for £698,000.
Wow
@@wanderingturnip The thing is in 1989 between us we earned £34,000 a year so it cost less than 3 times our joint earnings. Now we live on the edge of the Peak District (Broadbottom) in a 4 bedroom beautiful stone house with a garden we bought for £192,000 5 years ago. Our joint income is £112,000 which to buy that London hovel would cost us well over twice what we paid in terms of the multiple of our income (6 times income) now. Seriously, the edge of the Peak District which is basically paradise, for a house 5 times the size of what we had in London. We paid for it in cash with the profit we made on our last property in Tooting. Edit No I'm not a southerner who moved North to take advantage. I was born in Chester.
It’s so crazy isn’t it when you look at it like that. Super interesting cheers 👍
@@peterd788 34,000 would be a very good wage now in 2023; never mind in 1989, my wage is about 15,500; in 2023 & i could manage on a lot less, if i needed to work less, but i,m rent & mortgage free, my mortgage is fully paid.
@@peterd788 I used to live in Tooting Bec (Montana Road) back in the early 90s. It was the overflow for people who couldn't afford Balham (which itself was the overflow for Clapham...). Now that house would be a million or more. It's crazy. I know that rising house prices increase wealth - or the perception of it, anyway - but honestly I think the social costs outweigh that superficial benefit.
I was born in London not very far from where you were in Brixton. The price of houses and the rents there now are completely obscene and I feel very sorry for young people who need or want to live in London in 2023, they are being robbed blind and exploited. That guy at 24:47 sharing with eight others sums it up, it's bloody Dickensian. As you can probably guess I left there a while ago and don't regret it.
Back to the good ole Victorian London.
Only reason I’m able to live here is cause I live with my parents. When I eventually move out I’m gonna have to move to Herts or some other area that is outside London but still has decent fast links to the city. I want to get on the property ladder 😂😂 Nearly impossible though in this day and age.
@@potato1084 not impossible mate . Its hard but just need to put down deposit on a flat, refurbish it if anything. I know its easy to say this but gotta risk it mate you never know
Yeah I was born in Streatham. Lovely to meet fellow kIn
@@peterbradshaw8018 No. Houses in London have always been expensive. Always. Demand outstrips supply. It’s much worse today with its high population.
My brother bought his house in Hackney in 1998 for £125,000. He sold it five years ago for over £1,000,000. It was in a lovely road with a park at the bottom, and the house was really nice (although needed a lot of work when they moved in). It feels so weird knowing that you could once do that, buy an actual, entire house with three bedrooms in London and a huge sitting room and kitchen and garden for £125,000. I will never, ever be able to afford to buy my own place in London. Many of the houses my brother bought are now divided into flats, each costing £400,000 and some on shared ownership. It's crazy to think that you can only buy a 1/4 of a flat in the same kind of house my brother bought.
I am actually really worried about the future, I still live here but will 100% have to move to another part of the country within the next few years. To anyone who says that's good because they hate London, I happen to love London with all my heart. Not only are my family and friends here but I love the city. It is way friendlier than people often suggest it is and there isn't anywhere like it culturally. It's heartbreaking knowing I can't sustain living and working in the place I grew up in and love.
That's really sad to hear, it's like being exiled, but in the end, people make peace with their new home - it takes 3 years to fully settle in and for the homesickness to go away. After a while, you start to discover beautiful and magical things about your new town and start to find pieces of yourself in it. In the end, you will wonder what you ever saw in London. People are incredibly adaptable and resilient.
As for me, I will be in London for as long as I want but there is a catch - I will need to look after my elderly parents in their large housing association home that is crumbling and in a state of disrepair. I can never decorate it how I want and I have to tolerate living in near squalor because it's super cheap and I can save money. Once I save the money for a deposit, the only places I can afford a house are up north. I can have a pristine and immaculate little terraced house in Leeds far from everything and everyone I love or I can live in a dingy house in London and never own my own home.
@@sheveka I feel you, that’s a difficult situation to be in. In our own ways we are both very much luckier than some.
I didn’t even mention the pension factor: I’m not close to retirement yet, but when I am I fear I’ll be lucky if I only get the state pension (and they are continually pushing the age upon which you can receive it up). It is crazy how much it costs to buy in London now, and you are right, for the same money as a small, dingy flat in a not very nice area in London you can buy a nice terraced house on a nice road somewhere else. Just like my brother did in Hackney in 1998 in fact!
I’m not sure what the solution is, obviously a massive house building project including huge a huge amount of both social housing and (truly) affordable housing. The shared ownership schemes seem like a scam to me.
Without wishing to get political, it’s so frustrating that people keep blaming immigrants for this mess / people ‘coming over on boats’. Consecutive governments have messed up on house building, and developers are yielding enormous profits for flats they sell at a huge mark-up and which are often not quality builds. Thatcher shouldn’t have implemented the right to buy scheme, council flats should never have been sold off. Thing is, even if a massive house building project now happens I don’t think the pace could be fast enough.
I’m single which also doesn’t help, most people I know who have been able to buy are in couples. Salaries that were once relatively respectable (if not amazing) are now terrible, especially in London. It’s difficult not to despair really.
It’s a good thing if you can save. Also good to look after your parents. Save every single penny you can, I don’t spend money on anything any longer. I do have a holiday booked later this year, but I justify that, it’s totally necessary. But frivolous things, from coffee at Pret / Starbucks I no longer do, chocolate bars etc., I’ve dispensed with. I rarely buy clothes. It’s difficult enough travelling in London, it’s so expensive! So I save everything I earn within reason. I figure having even a small amount saved is preferable to having nothing. And maybe one day it’ll translate into a house in Leeds!
"Just be born at the right time bro"
Your brother and the millions like him destroyed the housing market and the futures of millions of families
In 60 - 70 yr's Pound lost 99% of purchasing value comparing to gold.
Why? Who's printing currency?
I literally bought a 4 bed (3 bedrooms + office size room) semi-detached outside of London for £315,000 in 2021. Seeing a wrecked terraced house for £500,000 and that being considered cheap for that area is mad.
Not to mention it would several thousands, more likely hundred of thousand to repair and spec up these places to make it habitable
Once you start opening up walls and floors, you’ll soon realise it will cost you hundreds of thousands… might as well build a new house.
Thanks!
😃😃😃😃
Really great video. I did it the other way round. Went to uni in Bradford. Lucky to buy my first house in Southend when down payments were minimal in 1998 for about £47,000 as newly qualified teacher. Still could only afford tiny 2 bed and moved in with a lodger. Sold for £83,000 in 2001 and bought spacious 2 bed victorian terrace in Waltham Abbey (just outside M25) for £97,000. It's worth about £380,000 now and I plan moving either back up north or to the South country as soon as I retire. Being able to park outside my house will be the biggest luxury. Homes should be affordable for all. The wealthy have made owning a home impossible for anyone not in the privileged upper middle classes. The greed of big corporations is vulgar. It is a very sad case of affairs.
Agree
You should get into property
@@MuzzaHukka Till its taken from you thats what happens when disparity is tooooooo big a casm.
Worse is the Tory government who allowed foreign investment to buy properties in London and massively upsale them
Thanks for your comment. I went to Uni in Bradford in early 90s as an intl student, interesting to see what my circumstances might have been had I stayed in England after my course.
I live in Northern Ireland, and London prices are just bonkers to me. 2 years ago I brought my house for £175k (3 bedroom, 3 bathroom, driveway, front back garden, tonnes of space, £550/month mortgage, etc) and I looked to see what the equivalent was in London and I could basically have got a tiny 1 room flat for the same price. Crazy.
You could buy an entire street in Belfast for the same price as a nice house in London lol
My wife is from Northern Ireland and we’re moving there next month. Currently we’re living just outside the M25 and paying just under £1000 a month in rent for a tiny studio (over £1000 if you include the cost of storage since we have no room to keep anything here). Whereas for £300-£400 a month less we can get a decent 3 bedroom house with a garden within commuting distance of Belfast.
I honestly don’t know why anyone wants to live in London now.
I'm paying £550 a month for a room in a family home, and I'm not even in London. Oxford is mad, too
I hope you got a long-term fixed mortgage as it won't be £550 for long with these interest rates.
Need to move to Northern Ireland. New Zealand is crazy prices. Especially with costs.
3 bedrooms for 175!!! OMG!!! I need to move!!!!
I am British but live in Germany, and all i can say is i am so glad that i got out when i did. What a mess Great Britain is now in. And i personally would not touch even one of those houses for those prices. For €300,000 you would get a first class property with a beutiful garden in Germany and not one hole in the roof :-). Great video @Wandering Turnip.
Really enjoyed this video. Basically this is why we left London. We were lucky enough to be able to afford a 2 bed flat in zone 3 but when we needed more space we just couldn't afford to stay in the area. Saw a article recently that said schools in london are closing because families can't afford it. Sad really.
It's because people are literally starting to take the mick, that is why... And it stops other working professionals from doing their jobs too.. so it is swings and roundabouts any way ? So.. when you have kids, move to family areas.. is what I say.
Houses are only a pound in Liverpool. lol.... This is so crazy... lol.... And even with the most expensive EV car.. I think it is still workable...
ruclips.net/video/E7-Qq-41M7Q/видео.html
I've lived in London for narly 50 years. Every friend I meet up with nowadays talks about getting out (either within the UK or abroad). The house we've lived in for nearly 20 years is all we can afford as moving up from a starter home is no longer possible, (we live in zone 4). And, we're in a MUCH better financial position than most (DH works in finance). My parents where 'just' in their 20's when they bought their first house (secretary and shop assistant). That wouldn't be possible today....
However, my area is much friendlier than the areas you looked at, I live on a long road and know about half my neighbours, a walk to the shops usually involves a lot of stops to chat. But, I guess being a more family friendly area, it's a lot less transient so people get to know eachother....
I think you can afford an actual house up North to be honest... It is now a mere pound. So who cannot afford a pound ? Come on.
ruclips.net/video/E7-Qq-41M7Q/видео.html
This is a fantastic video. I moved up north 5 years ago from the south east because I wanted to be able to have more time with the kids and better family life so glad I did. I used to work over 60 hours per week my hubby was as well, never really saw each other as when one was working and the other was looking after the kids. It's not good for children they need time with their mum and dad. I have friends that have chosen not to have kids as they can't afford it, and feel angry at the situation.
Thanks Rebecca. Yeah the north does offer you a much more comfortable lifestyle. I know a lot of people that have just made the move to get out of London, and none of them regret it
We loved the video. We used to live in Halifax and moved up to Scotland in 2015. Prices for houses up here are so reasonable and for people who love the countryside and dry stone walls like yourself, plenty of that up here. Keep up the good work your videos are brilliant.
Great contrasts with your content...love it.
I bought in 1997, doubled my money and got out. A little ashamed as I don't believe in houses as investments now.
To be fair I used half the profit to fund university and subsequently work in the NHS. As such, I've never been able to afford to buy a house since.
It's all a game with the money...
Grenfell was a horror, your respect was very genuine.
Keep them coming 👍
I’d say you’ve used that money fairly and not just for pleasure. Good on you 👍
Don't be ashamed, you took that money and turned it into a public good, for which the government's more than made you atone over the last 15 years. Solidarity.
Yeah total madness a feeding frenzy that causes ABJECT misery, IVE never meet a ESTATE agent with morals bloody LANDSHARKS
Beautiful House Lowest Price Start from 5000$
The second reception room in most of the terraced houses is the dining room. The kitchens aren't usually big enough to eat in. Those houses are more than 100 years old and designed before indoor plumbing was common. It's amazing how they've been adapted over the years as technology has advanced. London prices are insane. But no place in the world is like it.
Like what, exactly?
London is unique. For centuries people representing every corner of the known world lived in London. There are places where you can look out on Roman era ruins from a very modern office building. Some people can't imagine living anywhere else.
London is the most fascinating city in the world and it makes sense that it would be the most expensive.
i worked down london in 1999/2000, i roughed it & slept in my car, got washed anywhere i could find a sink, such as supermarket toilets etc , i ate in cafe,s or takeaway chippys & got a truckstop shower & meal, if i was not far from a truckstop, with what i saved, i bought a 2 bedroom terrace house up north for 6,500, which i done up myself fairly cheaply, to make it liveable, it is now worth about maybe 65, 000, but it means i can stay in a low paid job, which is 1,180 per month, but ok with not having to pay any rent or mortage
Thank you for drawing attention to Grenfell. We must never forget and hold those responsible to account. Great video
I bought a 3 bed small Victorian terrace house in a place called Addiscombe in SE London in 2010 for £190k, Admittedly as i was thinking i was never gonna move, i went overboard with it, put in an upstairs bathroom, replastered all the rooms, wooden floors, rewire, knocked all the downstairs rooms through and put an extension out the back with bifold doors, i mean it was very nice by the time i had finished with it. But i sold it 8yrs later for £435k....😳
What would be even more intriguing is knowing what happens to those houses afterwards, are they ending up as family homes, or having walls put in everywhere to create as many bedrooms as possible. Also another thing to bare in mind a few of those properties were ex council owned, which adds more to it.
Great video
I can tell you that around me, one run-down house with a large garden got converted into 7 houses, and the one next door which was a 3 bed terrace, got converted into an 8 bed HMO.
So, both!
They'll probably get turned into houses of multiple occupation, and then guaranteed rented to serco to accommodate ever more immigrants in london at taxpayers expense. who them and their descendants will then garner most of the job opportunitys in london - its a vicious cycle.
Depends on the area. He went to some typical student housing type pretty nasty bits of London on the video where my son's recently students friends might live, rather than nicer bits (whichare more expensive) where people tend to buy a family home. My road is family homes in outer London - quite expensive ones, last one to sell was over £2m but they are large and detached with big big gardens and rules which means they can never be divided into flats or gardens sold off.
My guess is that these will never be family homes again.
My son rented a conversion in Tottenham a few years ago. 3 flats out of a 3 bedroom family house. Horrible cheap conversion housing 9 adults.
It's a good question, the borough councils can and do set planning rules to try to retain family size housing, it's not as easy to get permission to split houses up as it used to be 20 years ago. They are in a bit of a bind though as splitting houses up does count as increased housing supply which is also encouraged and potentially desirable.
Thanks
Hey thanks 😀😀😀
Loved your video! Renter here in Bromley London in my early 50s it’s looking more and more hopeless trying to get on a rigged property ladder. Keep them coming!
ruclips.net/video/fiMc0Pw84VQ/видео.html - Beautiful House Lowest Price Start from 5000$
Fascinating video and a really classy tribute to Grenfell. Please keep the videos coming…
I bought a 5 bed house in London in 1999 for 100 k, It was a doer-upper, I rented out a couple of rooms to help pay for the referb, which I did myself (with the help of the Readers Digest DIY manual. I extended into the loft (did the work myself) and now its worth about 900k. That was the best single investment I ever made !
Fair play! You gona sell and buy else where?
@@wanderingturnip sheffield probably, my ancestral home.
How long did it take to refurbish your house? I imagine it would take a long time to fully refurbish a 5 bedroom property.
We bought two buy to let (I call them buy to lose) flats in the 1980s and ended up selling them at about 50% losses in the 1990s crash in London. It has not always been a one way bet on London. We also sold our family home in 1990 at a big loss too although put the money into my current one where I hope I will live for 50 years in outer London.
@@helenrushful Same here. You'd probably be able to buy a nice house at Dore, Whirlow or Ranmoor and still have a few hundred grand left.
Great film. It brought an awareness to me which I was unaware of on the level that you expressed. I discovered you after the County Durham film. Very disturbing, all those rows and rows of houses with fake doors and handles 😒
It's strange how we're all in this massive melting pot and all having different experiences.
The whole Grenfall thing was beyond disgusting and as those people say, no charges 😢 the other thing that made me emotional in this film, is the fact that everybody as a right to live somewhere that sparks joy, happiness, community and wellbeing and this film highlights the fact, that these simple things in life are being treated as though they are a luxury. So sad.
Keep doing what your doing, great stuff. 💚
Hey thanks for watching! And you are spot in there, we should have the rights to those things and they shouldn’t be so stupidly priced
There’s been terrible buck-passing and arse-covering over Grenfell, starting with Kensington.
These days it seems you can do what you like, chisel cash, skimp n your job (I’m thinking of sewerage) and you still get rewarded.
34:15 wow the wording is so understanding of people’s needs and lives
I love your video ,I use to live in London in1987different story...use to oay £ 50 for a bed sit...quite a similar process is happening in Milan at the moment ....but big building are growing everywhere no parks or new pubblic garden areas are been developed.Thank You for your job and report.
Truly spectacular ending! And it was so damn sad and heart-touching that you stopped by Grenfell... (Such a terrible and sad event that could have been easily avoided).
I love the North so much and I hope at some point to be able to move up there with my family! Your video just reemphasized why I should do that! :)
Watching for a while. Your delivery is excellent and brilliant information too. Keep up the good work!
Thanks for this! 👍
I lived down in London for a year; like you I found it too noisy, and far too expensive. Couldn't really afford to do anything, beyond living costs. Rent was £2k per month.
The prices in some areas of London were; if not elevated above average, at least far above the prices in our area quite a while ago, my granddad moved to Hebden from Ealing in 1969, and had a choice of buying an entire street of run down houses in town, or an acre of land with some run down mill cottages on it near Hardcastle Craggs for the same price as he'd gotten for selling a small 2 bed.
Nice to see your channel flourishing; you're a natural presenter.
Damn imagine what those streets in Hebden are worth now 😂
Thank you, I appreciate that 👍👍
I spent most of my working life in Stevenage, which is only 30 miles from central London. House prices there were only slightly more than large parts of the Midlands and the north of England but massively less than places only slightly nearer to London like St Albans or Potters Bar. However the rising cost of house prices in inner London since about 2000 has created a bow wave that means that people brought up in North London couldn't afford to live there and so many moved to Stevenage, making Stevenage more expensive relatively for those of us working there.
Having grown up in Edinburgh, I know the house prices there are also unaffordable for many people from elsewhere in Scotland wanting to move there but the differential is not as great as in London.
Yeah, as someone who was born in St Albans people used to move to Stevenage because it was affordable, but not really anymore. I moved to Plymouth with no plan 3 years ago and within a year I have my own flat. I never would have been able to buy property if I had stayed.
You are so brave. All of those homes was so dirty. I would have burned my shoes when I got home 😅
Another note. Being born in London and seeing the prices go up and up and up. And rent doing the same, whilst wages and travel is diabolical. Its just heartbreaking.
Born in london and these prices are simply taking the pissssssss😖
Parents bought a 3 bed semi in Buckhurst Hill (just over the London border but on the tube) in 1970 for £5k. Sold in 2004 for £470k. That house was on the market for £900k but has dropped back down to £560k in 2011. I grew up here and couldn't afford to live in my town, so I moved to the East Midlands and paid £93k for a two bed terrace which 20 years later is worth £180k. But what I have now is a house, the value is relative to what I buy next.
I live in Buckhurst Hill. Prices seem to be coming down a bit - I’ve seen £350k ish for some 1 bed flats.
@@yasminx16 350k for one bedroom flat? Not a good deal. Not at all
Great to see a working class property show 👌
The state of decline is clear in the both the lack of concern for the state of housing and the increase in shared accommodation.
Really enjoy you’re videos, you’re such a nice friendly lad.
Most people I know in London are starting to plan leaving, or have already left. Most of them grew up in the city as well, but it's just too expensive to stay. I'm nearing my tenth year in London and after watching friends experiences trying to find new places to find a new flat in London, I think I'm going to have to leave as well.
Same. Maybe to Japan
I don't know if anyone else has mentioned it, but the holes in the ceiling are test/inspection holes for surveying asbestos etc
Oh that makes sense. I guess the sound thing to do would be to fix it up before selling it on 😂
@@wanderingturnip Could have been made by someone viewing the house. One house I sold I found holes in the fabric of the house after a viewing, Very annoying but i could understand why someone might do that.
I love how you’re completely redefining the meaning of “a bit” 😂😂😂
Yeah I know very little about what actually needs doing and the comment sections proving this 😂😂😂
@@wanderingturnip Haha! I love a bit of optimism!
Yep...."nothing too bad" = condemned rat infested property or a former crack house
He's English, he's never seen a nice house 😂
😂 and "decent"
the thing to remember is that in london you're paying for the location/ land. No matter how damaged the house is, you still have the option of bulldozing it and doing something else with the land that sets a minimum price.
Wandering Turnip, I really love your segment that you do. I liked the last house for the size of the rooms, it’s a shame about the train in the back. Thank you so much. I’m from Essex, my mum and dad came from East End. I now live in Perth Australia. Thank you so much for you kindness. I really enjoy watching your other segments you do. Xx
Good video, thanks.
That pub in Tottenham the Railway Traven closed down over twenty years ago not recently
Oh really. Thanks for this. As if nothing has been done with it since
‘ a bit of a clean up ‘ lol you would make a good estate agent. Great video 👍
Wow, I’m speechless at the prices. I live in Perth, Western Australia, and the £500 thousand is $1 million in Australia It would get you a 5-6, mansion on the Beach. I live on the beach in a gorgeous 4 bed house, just ordinary working class background. It’s so sad uk has changed in the 25 years I have been living here, I do miss some things lots of family in uk, but housing wise 😮
The ending was class.
Thank you for doing this. Great video and a super Channel. That coat is also essential to the brand
Cheers for watching! I made a film today when the jacket had to come off but far too nice outside for a coat 😂😂
My parents lived in a basement flat in Chelsea in about 1970. Apparently it looked like one of the places ypu go round back then. The woman who owned the house lived on the ground floor and tried to sell it to them for a decent price but they were young and didnt want to got bogged down. They came back up north and flats on that square are going for a couple of million now. Mad.
Another great video. I moved to Brixton in 1984 from Birmingham (I was 18) and lived there and then in Lewisham until 1998. I was lucky even then and got a council flat in a really nice block but got into a bad relationship which meant in the end that I had to give up the flat an move out of London. I never regretted it until the few years after my husband died and I find myself living in a city where I know no one really. I would love to move back to London as I have more mates there than anywhere but I couldn't afford it.
Are you back in Brum? I'm wondering about moving there from London because of the cost of everything down here but having lived here most of my life I wonder whether there's enough of a big city vibe up there for me 😐 I think I've been spoiled with so much available on my doorstep (albeit at a price) that I can't imagine how to build a life somewhere without it. What the hell do people do in a small town in the middle of (insert random provincial county here)?!? I think I'd go bonkers.
@@grayhalf1854 I lived most of my life in London. Whgen I got married we couldn't afford to live there, so we moved to Birmingham where my wife's family live. Birmingham makes sense as a city - it is a sensible size. London is a country pretending to be a city.
The whole UK property market is based on rich and super rich people being allowed to squeeze every possible penny out of the poor. It's time to get rid of the speculators, money launderers, foreign kleptocrats and buy-to-letters who have enslaved the rest of us.
Some housing associations in London have lists you can join regardless of income or where you live now, and there are one and two bedroom flats in certain areas, some of the areas not bad at all and not that far out that don't attract much interest for some reason. They are usually in low rise blocks or houses converted into flats. You may have to stay on the list for a few years or you may get lucky and find somewhere sooner. Some of the rents are social rents and some are affordable rents but usually cheaper than the 80% of local rent stipulation. Not entirely sure which HAs offer this still but may be worth looking into if you want to move back to London.
@@sophiejdalston Thank you - that's really useful to know. ❤
@@sophiejdalston if they allow like kids or pets but you have to be a job cuck steady income .I think the way forward is converted container living as even plots of land is cheaper to rent than a luxury flat
I don't beleive it, I moved a friend out of the house next door to the one in Brixton you viewed, about 15 years ago, amazing
No way. I wonder what the price was on that 15 years ago
They would have to pay me to live in one of those houses. But I thoroughly enjoyed your tour and umbrella story. So cute.
Very interesting tour of "budget" houses in London. I can only imagine how much the house in Brixton next to the railway line would shake! I was in a car driving past the Grenfel tower after it burned and before it was covered up- it was shocking to see the fire damage to the outside of the building. I lived in London (many places from Southall to Hanwell to Plumstead and to Mile End) but managed to find low rent when I was a student back in the early 90's and ealy 00's. I had friends lving in a squat in a high rise block- the flats were being cleared out so that the whole building could have asbestos removed but as it took so long to rehouse people, flats were empty and the caretaker was cool with peoole squatting if they didn't upset the rent paying neighbours. He realised that people living in a flat kept it in better condition than it being empty. Most of the people squatting were working and respectful and their was a community of the people who squatted. I do remember visiting and we could go onto the roof (of a 15 story tower block) via the fire exit and someone would play a guitar as we'd drink and enjoy the views over London at night!
Very interesting this cheers!
I also remember nights at uni when we would make it onto a roof top in London, good times they were with great views
Our house is a solid three bedroom terrace, bigger than all the ones you see and a lovely garden. We literally live on the outskirts of London, on the central line and I’m pretty sure our house wouldn’t go for more than £500,000. Next to what you saw, our house is a palace so maybe if you went just a tiny bit out, you would get better for slightly less, but I do agree with most of what you said. Stay up North mate 😊
Agreed, houses on the end of the underground lines are still reasonably affordable and quite large/renovated. Morden, Sutton, South Croydon in the south are still affordable and Barking etc in East are even more so. I do suspect they won't be affordable in 10 years though.
Brilliant Vid, excellent content! Living in London, I would say you absolutely nailed it with this vid. We saw a good comprehensive range of properties in your chosen category and I thought your Vox pops really demonstrated the London problem. Will it ever end… no I don’t think so; there will always be a turnover of young(ish) people coming through the door.
The price comparison with the north while stark and quite amusing belies the fact that as we know London is where the money is. ….. Interesting comparing the auction properties sale prices. One went 20% over guide, whist the other was only 10% over.🤔
I appreciate it cheers. I spoke to a lot of older people who had such interesting stories, they just didn’t want to be on camera. But hearing the contrast between people who had bought in the 70s for virtually nothing, in comparison to a guy living in a flat with 9 others…was really crazy
Great content, very well done 👏🏼
Nice video, thanks, first time watching. People in London are weird, very private and sometimes neurotic. I lived there in the 90s and it was the same then.
Great video and what a contrast to the properties featured on Escape to the Country!
Funny that you should mention the early 70s when the houses were £5000. That was EXACTLY what my parents paid in 1973 for a semi detached on a bus route in Crouch End. Would probably be 2 to 3 million now 😮
I have a council tenancy otherwise I could NEVER afford to live in the city of my birth and 200+ years heritage!😳
Quick Google search for an inflation calculator, that £5000 would be around £99000 today, which while a significant number is nowhere near what we are expected to pay nowadays
Lived in London all my life and always loved it but in the last couple of years it has just become more and more unaffordable and just a general cesspit. There are huge swathes of housing that has been bought up by foreign investors and is left empty. They just simply buy it then sell it on without anyone living there. Just walk along the embankment and you will see empty luxury appartments. Whilst ordinary people from London are being forced out. I intend to move out of London or even abroad.
Yeah I can’t see the appeal at all. Once you’ve spent a bit of time away from there as well, you can’t figure out why you ever liked it
@@wanderingturnip Spare a thought for us who are from there and have all our families, histories and friends there. Rock and a hard place.
@@micharein2213 Agree. Just can't understand why the powers that be are hell bent on turning London into a place for the super rich and the super poor.
Answer: because it suits the super rich!
@Mike Treneere-Kernow This! I wonder where it will stop? I have seen recently a few videos of people in portugal complaining about all the brits coming over and driving up prices there.
I immigrated to London from Santa Monica in 2019. I bought a freehold terraced home with a garden for £2.7mm in Notting Hill in 2020, and am currently doing a major renovation to my property. Another property on my street sold the next year for £3.75mm unrenovated. My saving grace is my 1.49% mortgage rate. I plan on living here forever and I’m only 54. I feel very lucky as my street is a safe distance from Carnivalle, yet walkable to Portobello Road. Love your tours. Ty for your reporting. 👍🏼
I'm going to live with you. 😄
😂😂😂@@Daria_Ratcliffe
I really feel for the young people wanting to live in London these days. When we first left college and came to London in the Seventies we were house sharing, rent was £30 each, yes £30 each, a MONTH. Total rent was about 260 a month for a decent sized semi detached property. Taking into account wages were much lower then, the rent was about 25% or less of earnings.
There are a lot of properties in London that are owned by the rich as investments - but no-one actually lives in them.
London is also perfectly situated flight time wise between the US and Asia. It attracts wealthy art collectors for that reason too.
Great channel , i also live near Crystal Palace (not a shared flat), 2 bed , quiet with lovely views ,, £1300 p/m, with a great landlord who hasn’t increased in 5yrs
I reckon you might be one of the lucky ones. A good honest landlord is hard to come by these days.
Thank you for watching mate I really appreciate it 👍
@@wanderingturnip welcome mate , good to see a channel like this ,
I know I’m well lucky to have a decent landlord, But I’m also a Landlord too , so we both know what it’s like , so I take care of the place , so he takes care of me too
All the best with your channel
I grew up in Hampshire and moved to London for work and my boyfriend, I feel so out of my depth price wise but I just don't know where else to go. I've been priced out of my hometown as it tends to be a spot where Londonders buy their holiday homes, and of course London is ridiculous, but I don't know anywhere else; how do people figure out where they wanna live? I like the convenience of cities, but I need to figure out what other cities/towns there are in the country that are both affordable and nice, without also having the guilt of being a southener taking advantage of northern prices haha
My advice, go where the rent is cheaper and the pace of life slower, if that’s the North then come on up. Loads of great cities up here, Manchester, Leeds, Sheffield, Newcastle. To name a few.
ruclips.net/video/fiMc0Pw84VQ/видео.html - Beautiful House Lowest Price Start from 5000$
I'm from North London, my parents had a business in Northumberland Park just around the corner from Durban rd, so have seen & experienced the change since the early 70's moved down to Kent over 20 years ago. The South East is just so expensive for any land or property.
Is Kent expensive as well?
Yes Kent is pretty expensive but so is the rest of the south coast. Having the channel tunnel as well as numerous ports all acceding Europe that is only miles away and can be seen on a clear day means it’s Busy & Expensive!
@@wanderingturnip
ruclips.net/video/fiMc0Pw84VQ/видео.html - Beautiful House Lowest Price Start from 5000$
I thought the Railway Tavern closed about 7 years ago as I remember it being open but looking up online it closed in 2007, I had to move out of London because it became too expensive for a single person to rent a 1 bed flat on a low income/wage but I still work in London and the commute is my 2nd largest outgoing after rent (excluding deductions) now being out in the relative countryside and outside the M25.
Cheers for that info about the railway 👍 how long does your commute take?
@@wanderingturnip 20 min walk then 13min from Broxbourne, Herts to Tottenham Hale, about 6 trains an hour so good service however £7 each way peak, luckily I often leave before peak cuts in at 16:00 or sometimes get a lift otherwise £14 a day soon adds up over the month to around £300. Driving the same journey takes around an hour and for my oldie car ULEZ charge ontop so driving costs more for me but I love trains anyway so the commute is ok apart from the cost
ruclips.net/video/fiMc0Pw84VQ/видео.html - Beautiful House Lowest Price Start from 5000$
My husband recently found your videos on here & what an eye opener they have been, property where we live are a lot more affordable than London prices but still expensive for average couple. Our town is similar to the High street shops closed apart from nail bars, hair salons charity shops etc. Look forward to watching all your videos now. Thank you.
Loved the banter, spot on! So glad I made the move to get out of London, been there for over 10 years but I now also enjoy woodlands and a quieter life.
An incredible video has made me realise how lucky I am to live in London. My parents are from India, who then migrated to East Africa, then had the opportunity to work in London. This was all linked to Britain's ruling of both countries. When my grandad had the chance to work in London, he got on a boat controlled by the UK to support labour and trade.
The graft is something I’ll never understand being “twice immigrants” but long story short, after years and years of hard work, I now live in a house with my brother and mum… zone 4 on the tube map, Woodford, in a 5-6 bed house, garden and garage.
I live now in what is considered Epping Forest. People are friendly, and you don’t feel like you are in London, yet so close to everything… arts, culture, theatre, bars… I don’t take what I have for granted, but my dad always said, “Trying to buy a house back then for £30-40k we thought was impossible, but with a will and determination, there is a way!”
I know a lot of Indian people lived in East Africa (Uganda, Kenya) but I didn't know many Indians lived in the old British colonies in West Africa (Nigeria and Ghana and Sierra Leone).
@@simonyip5978 Sorry, I meant East
I live in a bit of London with many Indians - suburbs. We first bought in the 80s for about £40k, my first salary was £6250. We needed two full time professional salaries - it was not the easy to buy thing people today seem to assume the past was. My other half was a teacher and they could not get any teachers down here in London because of the massive difference in the 1980s between north and south so we started out in a school provided flat - I slept on a mattress on the floor when pregnant and then we put every last penny into buying the first place.
@@simonyip5978 some do, but I don’t think it’s linked to colonialism
ruclips.net/video/fiMc0Pw84VQ/видео.html - Beautiful House Lowest Price Start from 5000$
I live in zone 2. And pay about 800 a month as a property guardian. I live in vacant buildings until the owners work out what they want to do with them. I currently live with about 10 other people and share 2 kitchens and two bathrooms. You could buy a whole street in Horden for the price of the first house
Oh yeah I’ve actually looked at doing one of them before. There was a place in Manchester that was absolutely insane and for real cheap. What’s the notice like when you have to move?
@Wandering Turnip when I started living like this 13 years ago we were only given 2 weeks to vacate. Now it is 4 weeks. The conditions of being a property guardian have changed a lot and have moved more towards normal tenancies. Including how much we pay. 10 years ago I was only paying £230 a month
I was always curious about these guardians. The building attached to my workplace has one, they have been living there for over 17yrs 🤔
I’d have thought you could buy all of Horden for the price of a couple of these houses! 😂 My Dad came from Horden but it was a bit different then 🤔
My daughter rents with guardianship. I've been paying her rent for over a year.
She just had to move and renting one room she shares with her friend
In an empty school
Others obviously live in it too
550 a month each to share one room
It's insane
I lived in London most of my life till age 33. If I ever would of smiled at a stranger ( which I would not of dreamed of doing!) They would of thought I was mad. But I now live in the outer suburbs and people smile at each other all the time. Took me a while to get used to it.
I had the misfortune of living in high Wycombe ( not sure if you mean that far out) .I can honestly say they were the strangest most miserable people,give me London please😊
So strange.. because I m experiencing the complete opposite , I used to live in London for the last 10 years , people always says good morning and smiles at you ! PSince I moved to NOrth west precisely to Bolton . It has been horrible. People are so cold and angry at all the time. Not only here but also in big cities as Birmingham or Manchester. HORRIBLE
@UnjustifiedRecs I moved to yorkshire from the south east a few years ago and it was the strangest and nicest thing to have strangers just say hello to you as you were walking by. Not sure i'd want to live in any of the big towns though.
@@chmska7844 : Manchester is full of Londoners.. or basically full of NOrtherners that went down to London and now back up to the North and the whole entire.. "Greater Manchester" thing is starting to bite a lot too. lol... It's their fault for making it SO bad.... So... I would try Leeds, still relatively sociable.. or even in Sheffield. Relatively still nic-er....
@UnjustifiedRecs : lol..... Same with my sister in law, when I went to Leeds the other weekend with her... and she kept staring at me. lol... I was chit chatting with a guy and his son... and talking basic sociable things and chit chatty... lol..... Her eyeballs went wild. LOL..... I was asking him about the commute, and what's new with the local developments, and things like that. Stuff that you would expect to see in an actual newspaper ANYWAY ???... She thought I was mad. I thought she was nuts. lol.
Love the video's and you have become a natural in front of the camera. Your a hard working lad walking all over the place and for that i have subbed you today. Keep safe mate!
Hey nice one mate I appreciate that 😃
Very interesting. I live in outer London on the other side, north. The reason prices are so high here is people want to live here. It is like New York, Sydney, Berlin - they are all the same. Part of the reason is many many many more people (18m more in the UK than than when I was born with so many wanting to work where jobs are), another reason is I was paying 17% mortgage interest in the 80s and my current rate (paid the mortgage off last week - I am an old person now) was 1.34%. London is not for everyone but it is vertainly a great place for a first job and to have fun with your friends. Outer London is a perfectly decent place to live
The holes in the ceilings (at least the large ones that were clearly created on purpose) are likely to be for the purposes of surveyors assessing the structural integrity of the joists.
Yeah someone else mentioned this. I guess the sound thing to then do would sort it out before selling 😂
@@wanderingturnip Not necessarily: it could either be done by the seller and the property sold for a higher price, or done by the purchaser and the property sold (earlier) for a lower price. It is really about cash flow and (from the purchaser's perspective) control of the works.
Your feed is interesting, though most of those types of properties end up with dry rot, rising damp and woodworm. Most need new or refurbished roof, plaster, rewiring and plumbing. So never think London property is just cosmetic. Plus the trades prices are ridiculous to boot.
London is now the largest slum city in Europe and has the smallest rooms in Europe and poorest health and safety control. I've been advised is also the largest for money laundering, which is rarely checked for illegal activity through the government's actual regulatory controls. So thank any ruling governmental power who choose to ignore the law.
How fascinating, and what a fabulous presenter you are. I could listen to you for hours. I lived in Leyton bought a flat in 89 for 54 thousand, that was expensive because a year before the flat was valued at 27 thousand. I live in the country now 45 minutes from the city but house prices are catching up and are as expensive as London.
Hey thanks for watching! And thank you for the nice compliment 😀
I wonder what that flat is worth now? I bet it’s something silly 😂
You have a way of putting things, and do it very well.
I viewed a property recently in London and the agent was originally from Manchester and moved to London 3 years ago. I suggested that Manchester was on the rise as a city location and she agreed but said 'it's not London though'...
I lived in London for a while when I was a lot younger. Could only afford a grotty one bed flat in East London. Never again! We live in rural West Wales now, and will be retiring to the Forest of Dean. Our budget will get us a lovely detached bungalow with plenty of space around it.
I was brought up in East London in the early 60s ,moved out in 83 , you could not pay me to live there
now
My parents came from India, bought our family home in the late 70's for £25k. They then bought one in Wimbledon for a little more in 1990. Both are now valued at over £1m. Kept them both so far.
Literally just a case of being born at the right time. Absolute madness.
The wealth-disparity between the middle class British people born pre 1980s vs the middle class (if you can even call it that, anymore) British people born post 1980s is massive.
Completely different existence purely based on how early-on you were able to buy property.
Wimbledon Richmond Kew Gardens very affluent areas
This was really enlightening
The Lionel Messi of house hunting. Keep up the good work mate !
I was bred and born in those now London suburbs. I moved away 2 years ago and sold my end of terrace house on an estate, brought a detached house in a village in a quite cul de sack. Walked away with a nice profit. I would never move back. The north is so much better. As you said, slower pace of life and people say hello and that all important smile.
The house prices in London are insane. London is king when it comes to entertainment; theatres, museums, art galleries etc.. If you are a homeowener, working from home and not experiencing any of these things, you're probably better off renting your property and moving out of London to somewhere more affordable, near nature, somewhere quieter..
Yeah I’ll give you that, it does have great entertainment. But theatres now are so unaffordable anyway, the price of some tickets is a joke
@@wanderingturnip I think most people would agree with you and yet someone must be paying them! I think there's just too much money floating about...
Please taking into account the demographics. when people first moved to certain area’s of the uk Racism was extremely bad… outcasting many hard working Brits.
@@homeoffice3524 : You're not the first to have said that actually... similar to a lot of people too... A guy was living in Cambridge.. and then he let out his flat in London etc.. So... Lots of people do that, but there is a cut off point though... as well... So...
Great video. Watching from my pokey London flat
Well done, this was such an interesting watch.
Thanks! I appreciate you watching 😀
My mum could have bought her house just by Borough Market for £36k less than 30 years ago. Its now worth well over a million. London has become a place for the wealthy. Great vid.👍
Great watch! I used to live on Durban Road in Tottemham just 2 doors down from the property you showed. It really is a small world! As for the prices in London, they are just disgusting. The value for money down here is terrible.
My partners grandparents purchased their home off of Northcote road sw11 for £6,300 in 1963 and now it’s worth £1.2-1.3 mil (not in a good condition) and apparently just under £2mil once refurbished (loft conversion etc)
😮 That is absolutely crazy. Thanks for this 👍👍
My parents bought for £6k in Newcastle around that time, were married nearly 8 years and put off babies for all that time as they needed their 2 full time professional salaries to buy that first house where they lived all their lives (and died in it (literally) which was rather nice as what they wanted). When they died it sold for about £550k.Uk inflation would make that £71k instead of 6k so that is 8x more than inflation that that house went up in Newcastle but the state of course gets a huge chunk on their death with 40% inheritance tax so at least the less well off benefit because of the UK's high inheritance tax - cradle to grave we are taxed to the hilt. Stamp duty land tax on one of my children's two purchases in the SE has been in total about £300,000 - enough to buy a small house just going to state in huge huge taxes just because we happen to live in the SE.
Northcote road sw11 & surrounding areas are very desirable because of the School 😉
It was people like yours who destroyed the housing market ,parents are meant to leave a better future for there children yet parents like yours avd many others made housing unaffordable for there children children but good move 👏
@@HappyPawsUK : But then if you think about it, the money goes to the treasury.. and it is taxes isn't it? Which then means that it also goes to the schools as well... and back round in the pensions and the civil service etc etc etc.. So... swings and roundabouts. And then it become jobs... and then people move around, and the circle continues.
First video I've seen of yours and just love how well it's been done, great video really entertaining. Gained a sub!
This cracks me up. I work in London but live near Grimsby. I definitely prefer the quiet and cheaper larger houses. Nice to go down and enjoy what London has from time to time but couldn’t live there.
Great video. Liked your tribute to Grenfell.
I move to London 10 years ago from the Azores. I got redundant recently, out of the negotiations I could keep my job but I don't accept the pay cut on my salary.
How can I accept that with the house prices in London? I end up loosing my job and I'm done with London. I'm going to move up north or move to a completely new country. No point in staying in London I had enough!
That first house.....I can't even believe they have the front to try and sell it in that state, let alone £300.000!! You would have to spend £80.000+ just to make it livable.....😮
It went for £388.000!!!
I grew up in Brixton South London in the 70's and 80's, still live in London....I have never known London to be so hostile as it is today.....
Great clip mate...👍
And for how much do good condition nearby houses go for? Maybe they go for 500k+ which makes this sale price a correct price
@M They are still dumps I wouldn't pay £300.000 for any of them....not worth the trouble.
@@chriswilde7246 the topic was about them having the front to try and sell it in that state. If 300k is fair market price (and you could even profit buying it) , why would not they have the front to sell it in that state?
@M That was my point.....they have got a front trying to sell it, quite frankly the whole thing is disgraceful.
Quite simple. £388k + £100k renovation. Sell for £600k….. simple economics
Attn: you're a Class Act! 👍🏽 Bravo... 👏🏽
What a excellent website thank you from New Zealand 😊😊😊😊
Great video mate! You have a great personality and it's sad to see how unfriendly London is as a place. I've grown up in London my whole life and it's a shame 95% of it's residents can't afford to buy properties in it. I was lucky enough to have bought a 2 bed terraced house in South East London for £376,500 with my partner last June. It needed A LOT of work and is still not fully finished. However I do feel very fortunate but sad that a lot of people like me are being forced out by the prices and that community spirit and happiness in general is being lost. Keep up the good work mate great content.
love your videos; nice mix of social commentary and realistic capture of everyday reality; but you are sooo positive about the houses; these houses are utter dumps, which need to be rebuilt from the bottom up; in London you may actually pay 100k at least to make these houses livable
Yeah I realised my optimism was a bit too hopeful 😂 cheers for watching