| by Kenneth Chase | 100 comments

How I Bought A Flat in London | Hannah Witton


– Welcome to the reading nook of my flat, aka my new filming corner. It’s like I’ve got a professional set, this is amazing, I love it. So I said I would make
this video, so here we are. How I bought a flat in London. I’ve been getting a lot of questions, just how, how did you do it. Because I am 26 years old,
other than my married friends, I am the only person within
my peer group of people, my age who has purchased property. So it’s kind of a big deal
and a bit of an anomaly. So we are going to get
technical in this video, I’m gonna be talking
mortgages and Help to Buy, and all of that yummy stuff
that I learnt all about and had no idea about before
going through this process. But now, feel like a wizard,
I’ve got all this knowledge. But the crux of it, of how I
managed to buy a flat in London is hard work, savings, money from family, Help to Buy and getting a mortgage. Those were all of the
things that were in place for me to be in the position. And I just want to take
this moment to acknowledge the luck that I have and
the privilege that I have because I had this money from family. So thank you parents, and grandparents, much appreciated you’re
welcome to come stay any time. Other disclaimer I bought this myself, my partner lives here
with me but it is mine. If I keep looking down
it’s because I have notes and there’s a lot, there’s a lot of stuff. So first of all I’m gonna take you through an overview of the process,
the timeline of events and what happened and
then I’m gonna talk about Help to Buy and how that works for anyone who is confused about that. And then I’m gonna talk about
the mortgage side of things, specifically trying to get
a mortgage as a freelancer, and then I’ve got some
FAQ’s to answer as well. And hopefully by talking about all of that I’ll have covered everything. So the process, it started with me having a very good business year and knowing that I had this money from
family that I was like, ooh, I might look into buying a flat and seeing if the money that I have could stretch that far, we’ll see. So I started to figure
out what my budget was and what I could maybe afford
if I was looking to buy. Turns out I love looking at real estate, even before I was seriously
considering buying I would be on Zoopla,
I would be on Rightmove and I would just be looking
at all of the properties and I would often set it to most expensive just to see and do you know what. I love me a good floor plan. I went to a couple viewings of new builds to get an idea of what that was like. One of them was completely
out of my price range, but I had good conversations
with the mortgage advisor there and the estate agent there that I then, going into the next one, had a better idea of questions to ask and the things that I needed
to have prepared beforehand. This was 10 to 12 months before we would have hypothetically been moving, and Dan was just like to me,
stop, just stop stressing. We don’t need to think
about this right now. So I promised that I
wouldn’t look at anything until after Christmas and I
was just gonna take a break. I obviously did not keep my promise because I found myself on more websites around September time and
that is when I found this. It was perfect, they were
launching the development and having the first
initial viewing in one week or two weeks time from when I found it. And I was just like,
oh my God, this is it. I went of my mortgage
advisor and I was like, I think I’ve found the one,
can you do everything for me so I am in the best
position possible going in so no one steals it from me. Before I went to look at
it me and Dan sat down with the brochure, we looked through it. Obviously because I was buying it, it was ultimately my
decision but because he was gonna be living with me I was like, what do you think, and also his dad is a structural engineer, so
knows a lot about buildings. So that was really helpful. I went by myself on the open day thing, and I looked around and
I was like, yes, great, I want it, filled out the form
and then it was on the Monday that I transferred the 500 pounds. With Help to Buy is that to reserve it, it doesn’t mean that you’ve
bought it or anything, but to reserve it you just pay 500 pounds, and you fill out a little form. Then it was a few months of
applying for the mortgage and doing all that and
getting the contracts ready, and figuring out all that, dah dah dah. And then in December was
when we exchanged contracts. So that’s when you’ll
kind of buy the property, or you promise to buy the property and I paid 5% of the deposit
I think at that point. So a big chunk of money
just went off, goodbye. And I actually remember sending the money just as I was getting really ill. So I spent four weeks in hospital starting from the 29th
December, and leading up to that I was super ill as well. And I remember exchanging
contracts from bed, being really ill and sending
the money on online banking, just like uh. And then after my surgery
was when we got the letter through the post, obviously
I got emails as well, but there was the official letter too, that was congratulations you’ve exchanged. And Dan brought it to the hospital for me, and I was in my hospital bed
just holding it, like yes. So what a time, very dramatic. So then we exchanged in December, and we were due to complete in March. Now completion is where you hand over the rest of the money, you hand over all of your deposit and
they hand you the keys. So completion was due at the end of March, and it was mid-March and we were like, are we moving, what’s happening? And the estate agent would
just like, we don’t know. It’s been delayed, there
was just no answers, and it was very confusing, but
they were like any day now. It will be soon, any day now. And basically they told us
every week that it would be any day now, soon, soon,
soon for five months. So we were just in limbo, it was horrible. I hated it, I hated it,
it was so stressful. And then I had another surgery
during that time as well. This year has not been
fun, but then finally, on the 6th September we moved in. (cheering) So we got the notice to complete
a week or two before that. But finally, finally, it all happened. Apparently it was just all
paperwork at the council, and it was the council
was being really slow to get everything signed
off because obviously it was a new build. So the building was actually
done, the building was finished but you know, that was what
the developers were saying. So maybe, maybe some of
it was there fault too, who knows, who knows. But doesn’t matter now, because we’re in. So that was the process and
actually one of the questions that I got on Twitter was about what was the timeline of start to finish? So it was about a year, so from
finding this property online to moving in it was about 12 months. But from thinking about
moving and playing around with options and figuring
out what I could afford to moving in longer then that, maybe a few months, six
months, longer then that. Okay so Help to Buy,
this is the reason why I could afford this place. So there are two different
kinds of Help to Buy. There’s the Help to Buy
ISA which a lot of you may have heard of which is where you put up to 200 pounds a month
into an ISA savings account and then you can use that
towards a house deposit and the Government will give
you a percentage of that added to it, so the
Government will give you a bunch of cash. That’s not what I did,
I did the Help to Buy equity loan, this is when the Government basically pay for a
percentage of the property. So the Government own that
percentage of the property and if I were to ever
sell it the Government would either make a profit or a loss also on their percentage. If you are outside of London, the Government can buy up
to 30% of the property, if you’re in London it’s 40%. So I did the full 40%,
so I only actually own and have a mortgage for
60% of this property, 40% of it is my Help to Buy loan. The way that a Help to Buy loan works is that it is interest
free for five years. So I am paying nothing
on this loan right now, and then on year six I
start paying interest only. The only way that I can
buy them out to get more of their share and reduce their share is by buying it in 10% chunks. It’s 10% of whatever the current value is. So this is my Brexit fail safe. So fingers crossed prices just go up, even though that’s just
bad for everyone else. But fingers crossed this
property doesn’t reduce in value because that wouldn’t be great for me. But if it does because
of Brexit potentially then I can use that opportunity to buy the Government bit out. I don’t know, we’ll see, this is my plan. Who knows, Brexit might screw
us all over, it might not. So with Help to Buy,
in order to be eligible you have to be a first
time buyer in the UK, you have to put a £500 reserve fee down. You have to have at least 5% deposit, and you have to be
living in that property, and you can’t have another property, it has to be your only property. So I can’t now just buy somewhere else. So Help to Buy makes up
40% of this property. 60% of it is my cash
deposit and my mortgage. So now let’s talk about mortgages. Is this what you were expecting when you signed up for
a sex education channel? I know it is, uh huh. So the mortgage was probably by far the most stressful thing ever. Literally the mortgage
advisor came round to my flat and was there for four hours. We were going through
everything for four hours in order to fill out all the forms and figure out which mortgage
would be best for me. So my situation was a bit unique, as being a freelancer,
although probably not that unique nowadays, loads
of people are freelancers. But it does make it a bit difficult because you don’t necessarily
have a fixed salary that you can be like this
is how much I earn a year and it is guaranteed
because I have a contract with my employer who pays
me that salary every year. No, if you are freelance or self employed, or have a limited company
it is ideal for you to have at least two years worth
of records, at least. When I was applying for a mortgage, I’d actually recently just switched to being a limited company
from being self employed which just meant it was a hot mess and no one wanted to loan me money. There were only two banks,
I only had two options of mortgages that would loan me money. One they would loan me a lot more money, but at a much higher interest rate and the other one, they
would loan me less money at a lower interest rate. I ended up going for the less money one, but what that meant was
that I had to come up with a huge cash deposit. So the minimum cash deposit you need if you’re buying through
Help to Buy is 5%, mine was much more then that. Just because that was the only way I would be able to afford this. And that is when, thank you, thank you, parents and grandparents,
that money came in. And then also my own savings. What I’m paying now is just over half of what I was paying for one
room in a flat share rent. So I am paying a lot less per month now, but obviously I’m now in a lot of debt because I have a huge mortgage
and a student loan, oh God. So that is logistically
kind of how it all worked. Okay so I think that is everything, but I had a few general questions that I got on Twitter that I
thought I would help answer. If you have anymore questions,
if you’ve got more stuff that you want to know
that I haven’t answered in this video then please do
let me know in the comments and I’ll try my best to
answer as many as I can. So the first one is, how
did you decide on an area? I had a general idea of a very large area, and it was because I
used to live near here when I first moved to London. But I knew that I wouldn’t be able to afford to live there because
it was too close to central and so I basically was just
like, kind of this area, but a bit further out. I love this area, it’s not very cool but it’s very convenient. It’s got some neighbouring
cool areas so you know, that’s good enough for me. Why buy instead of renting? So it’s kind of up to you in
terms of what you want to do, I don’t think it’s super necessary to buy, in fact it’s really
stressful and expensive. But for me, I was lucky enough that I had the cash deposit, I
probably would have been equally as happy just carrying on renting, and maybe getting a better
place and paying more for that. I don’t think there is a perfect
time, I just decided too. How does it work owning
a flat that is part of a multi-unit building? Great question. I own the lease hold but the ground, the land that this building
is on we don’t own. That is the freehold and someone else owns the freehold and we
have to pay ground rent. That’s also when you
are living in a block, a thing called service charge. So service charge pays for
all of the communal areas, cleaning and lift maintenance, and then we have like a communal garden, so then I’m amusing there’s a gardener and it also pays for that,
but yeah great question. How much did you know about
getting a mortgage beforehand? I didn’t know a huge amount
but I had a basic understanding and then as I started
talking to a mortgage advisor and just going through the
process I would just read a lot online. Money Saving Expert is a great website and has loads of info
about all financial things for the UK specifically. And I would just make sure
that every conversation I had with the mortgage
advisor I would understand what they were telling me before we moved on to the next thing. Don’t be scared of it. I think if you’re going into this process, yes there is a lot to learn,
it’s a big learning curve, but there are people who’s job it is to basically help you make the choices and understand what your options are. This video is super long, if
you have anymore questions like I said, do leave them in the comments and I’ll try my best to answer them. Please give this video a
thumbs up if you enjoyed it, and hopefully we’ll have some more videos in my new filming corner, I’m so excited. I built this, I built this, good old Ikea. Don’t forget to subscribe
because I make new videos every week and I’ll see you soon, bye. (upbeat techno music)

100 Comments

Ireallyreally Hategoogle

Oct 10, 2018, 2:30 am Reply

How many poorer people got displaced to build the flat you now own?

satanswombat

Oct 10, 2018, 10:02 pm Reply

Nice shoutout to mse and I love the idea you thought to include a reading nook :3

Sherry Liu

Nov 11, 2018, 2:54 am Reply

how much pressure do you think your student loan is giving you? and also what are your thoughts about student loans?

Katie J

Nov 11, 2018, 3:49 am Reply

Where is that Hufflepuff blanket from? It makes me feel all warm and cozy

John Waters

Nov 11, 2018, 11:14 am Reply

Should be compulsory viewing in all schools. Most informative.

bwzes03

Nov 11, 2018, 1:44 pm Reply

Ah yes, the good old 'Billy' bookcase !
Gotta love Ikea for their afforable furniture.
My bedroom is entirely IKEA, 2 other rooms have some pieces, and the livingroom has 4 Benno cd/dvd cases and a Lack case with some books and vinyl records.

Living in the Netherlands, things are a little different than the U.K.
I bought my house right before the banking crisis of 2008, after which, a lot of rules for mortgage application have changed.
I didn't need to bring in my own savings before applying, now you do.
I have part of my mortgage, i only pay the interest on, now that loan type does not exist anymore…

Emma FitFoodEmma

Nov 11, 2018, 9:17 pm Reply

Will your mortgage repayments go up hugely after 5 years once you have to pay for the help to buy part too – does your mortgage advisor help you plan for this?

Stephen Tuthill

Nov 11, 2018, 1:23 pm Reply

All the best with your new flat, Hannah… And the large amount of debt that comes with it. I hope that your experience in your new place is very happy.

Tom

Nov 11, 2018, 10:29 pm Reply

Hey Hannah, Good video and glad you’re now in the flat. You probably won’t remember me but I’m from Torc, good to hear your side of the process!

dhanashree pathak

Nov 11, 2018, 7:58 pm Reply

Congratulations to you!!
My question is, which websites did you use for searching for properties under development? Any other than zoopla or rightmove? Thanks in advance.

68404

Nov 11, 2018, 10:53 am Reply

Good to see you are looking so well, Hannah

Brett Gough

Nov 11, 2018, 10:05 pm Reply

The question for me is why pay as much as london prices? It’s an awful place and I got a massive 4 bed outside of London for as much as a cupboard in a part of London that’s usually on fire. And I have a massive garden, no crime and so on. That said if London is your thing I feel you pain on trying to get s mortgage when freelance as I am too. So much more difficult than on PAYE (which I never wish to do ever I build a lot of high end resi builds in London and I hope you love it there cos some of them are really nice

QueenKrool

Nov 11, 2018, 7:06 pm Reply

Thank you for talking about this Hannah, being an adult is super stressful and this def helps!

GeminiBramblerose

Nov 11, 2018, 7:21 pm Reply

Congratulations Hannah!! It is an amazing feeling, I have just bought my first flat too 😀 again, it is mine and my bf is going to be living with me!! <3 I wish this video existed before I went through the process but you're right you become a fountain of knowledge.

3 weeks on and it is the best decision!! Love your content, enjoy your new home 🙂 x x

Esra Alhamal

Nov 11, 2018, 7:53 pm Reply

So informative! Thank you 😀

Joel & Lia

Nov 11, 2018, 7:48 am Reply

Proud of you mate xx

Angelica Hollingsworth

Nov 11, 2018, 9:44 pm Reply

I think I choked when I saw the price of flats in London. I just bought a house in Arizona, USA for less. London is a major city, so there is that.

Sian Llewelyn

Nov 11, 2018, 10:09 pm Reply

I think it's important to clarify that the process of exchanging/completion appears to be different with the help to buy scheme/new build. Normally exchanging is when you transfer all of the deposit and you make a commitment to buy the property, completion normally takes place between a week to a few days after the exchange date and that is when the property is officially sold and you can pick up the keys and move in. Up until exchange, you can back out of the sale.

I also bought my own property with help from family. I recognise how lucky I am that I was in this position but I wouldn't call myself privileged – just because my family helped me out (which was the result of a long term investment in private pension) doesn't mean my family is rich or well off.

Yaiza Canopoli

Nov 11, 2018, 2:47 pm Reply

I loved this!! Now I need someone to make this exact video for a couple living in Singapore, one citizen and one expat, who cannot legally get married because they are lesbians ??

pompyromage

Nov 11, 2018, 7:22 pm Reply

Help to buy loans have inflated the values of new builds. You are in negative equity the second you complete on the purchase.

Elaine Robbie

Nov 11, 2018, 7:12 am Reply

Freeholds are so crazy. I can’t believe that the standard practise in England is the make people pay to the person who owns the land beneath their home rather than it being part of the equation when you buy property.
It’s almost like we love to make the rich richer.

Kat Horrocks

Nov 11, 2018, 1:58 pm Reply

This was so helpful!! We've got our first appointment on Monday and not gonna lie, feel a bit sick hah!! A that I don't know anything and they'll think I'm stupid (which I know is ridiculous) but B I have an intense fear of rejection because I'm self employed too. ?

Jacob Hall

Nov 11, 2018, 12:34 am Reply

Bank-of-Mum'n'Dad…

TheManLab7

Nov 11, 2018, 1:38 am Reply

I hate the council ???

David Blanton

Nov 11, 2018, 5:50 am Reply

Congrats on the house. And and keep Dan just outside the front door is a nice touch.

msbbdarling

Nov 11, 2018, 6:15 am Reply

Amazing video so informative!

KH

Nov 11, 2018, 6:31 pm Reply

So, you can never actually be debt free when you live in a building like this? You always have to pay the fees and quite possible always have to pay interest? So happy for you! Love the apartment!

Casey Tredgett

Nov 11, 2018, 8:19 pm Reply

How does the help to buy scheme work as your partner is living with you too??

IAmTheBeckett

Nov 11, 2018, 9:11 pm Reply

All these people talking about how the UK housing market isn't fair because it's impossible to do it without help from parents or family – London and a few other markets are ridiculous, there are many parts of the country that have more reasonable prices. Yes Hannah lives in London. Most people don't buy a house at 26, particularly not in an expensive housing market. But Hannah has other considerations, including a serious medical condition. In the UK if you move house you (usually) move GP surgeries and perhaps even hospitals. Managing a condition and moving your medical stuff all the time like in rental must be tough, which may have been why she felt it useful to buy. How and why her family helped is their business. She did give some really useful advice in the video for people who can only raise a small deposit and it was not London centric.

me ze

Nov 11, 2018, 9:26 pm Reply

are you an only child? just wondering because I can't imagine that my parents would help me or my siblings out like this, not unless they could give every child the same thing.

me ze

Nov 11, 2018, 9:30 pm Reply

It is also just so absurd how an extremely ambitious, responsible, and well-of person like you can only barely afford a simple flat. Like how are ''normal'' people supposed to do this.

Rachel Thorpe

Nov 11, 2018, 10:20 pm Reply

How did you find a mortgage advisor? How much does it cost to use one? Did you buy through a housing association or directly through the developer? Why did you choose an equity loan over shared ownership?

This was so informative and makes me so positive about Moving out myself x

Corin Climbs

Nov 11, 2018, 9:37 pm Reply

This is balls without family money you’d have bought nothing

Jay Johnson

Nov 11, 2018, 8:35 am Reply

It bugs me that you make a point on a number of occasions that it's yours and Dan is living with you.

Katie 3010

Nov 11, 2018, 4:51 pm Reply

I work in property and I think you explained this really well ???

H B

Nov 11, 2018, 8:56 am Reply

How to buy a house in London:
Step 1: Only buy 60% of a house
Step 2: Choose the option which costs you less in repayments by asking your parents and grandparents for $.
Is that it? It would be super helpful to have an idea how roughly how much of a deposit you need. Here in NZ you would want 25-50,000 pounds on an average house, depending on whether you put down 10 or 20%. Can anyone shed any light on what it's like in London? If you only have to pay a deposit of 5% on 60% of your house, it can't be that much? I would be interested to know to what extent Hannah's family helped out and how much of it was her own savings. Seems silly taking advice from someone if her parents paid her share and the bank owns the other 40%…How much is really Hannah's…

Robin Hood

Nov 11, 2018, 10:01 am Reply

*********LOTS OF MONEY***********

oliviamae005

Nov 11, 2018, 12:19 am Reply

Found this video so useful!

David Chow

Nov 11, 2018, 1:06 pm Reply

Well done getting on the ladder at 26. Because it's better to put the money in to paying back a mortgage instead of giving it up as rent.

Josie Terriquez

Nov 11, 2018, 12:28 pm Reply

Have u ever lived in America? You have a bit of a twang on some words but it’s kind of cool:)

Nick S

Nov 11, 2018, 5:59 pm Reply

step 1: inherit enough money

Isabelle

Nov 11, 2018, 6:38 pm Reply

So basically get money from your family… this is a waste of time and totally inaccessible. Shouldn’t you be a bit more aware?

Antonio Dell’Elce

Nov 11, 2018, 6:51 pm Reply

the debt ratio is VERY VERY important…. it must be below 45% which wasn't/isn't my case 🙁 btw I guess you are around HA0… 😛

John Small

Nov 11, 2018, 7:13 pm Reply

So help to buy means that a 40% loan from the taxpayer.
So in reality you didn’t do a lot.
When I bought my first house in 1983 I worked 7 days a week for one year, no holidays and no help from anyone.
In the days of 10% interest rates.
So in other words you took the easy way out without working hard.
Today’s generation you think you deserve more that can actually really afford.

John Small

Nov 11, 2018, 7:15 pm Reply

5% deposit = nothing so in other words you did zip nada.
Jeez.
What a dipstick.

John Small

Nov 11, 2018, 7:23 pm Reply

Help to buy, government ponzi scheme to get house sales for new houses up.
Look at prices of help to buy properties coming up for sale.
Negative equity is coming big time.
This girl is clueless, don’t listen to her please.
You will get trapped in negative equity.
Interest rates have never been as low as today, they can only go up,be warned
In other words the government and her family paid for her, she is clueless and very dangerous to listen to.

WorkIn Progress

Nov 11, 2018, 8:22 pm Reply

That video is EXACTLY what I expect of a good sex education channel. Why? Because I enjoy watching the host of the channel and that she is sharing a bit of her reality with us! Enjoy your new flat, Hannah. (I wish we had something like "Help to buy" in Germany.)

Gypo

Nov 11, 2018, 9:42 pm Reply

Would love to know if this video is actually helpful to anyone watching

Edit: I’m just bitter. Don’t mind me

Jerry Beans Man

Nov 11, 2018, 3:27 am Reply

My question is… why would you want to live in London? I've lived here my whole life, born and raised, and all I wanna do is get out.

Darren Keirle

Nov 11, 2018, 3:17 pm Reply

You mean you put down the deposit on a mortgage, of which you had help from family and savings….

xxxlorrettaxxx

Nov 11, 2018, 7:43 pm Reply

I love that you actually admitted to receiving some money from family. So often when people under 30 buy a house they just say generic stuff like "I didn't buy brand name food products" "I stopped eating out" "I set up a Direct Debit" as if those small changes can really make a big impact.
This video has inspired me to set up my property alerts again!

Emma Webb

Nov 11, 2018, 9:12 pm Reply

as soon as I saw 'family help' I just …. can't relate ;[ nvm

Paperclip

Nov 11, 2018, 9:51 pm Reply

Summary: You borrowed £220,000 from the government, £165,000 from the bank and your parents gifted you £165,000. You currently pay half of what you used to pay for a central London room so under £600 per month on interest service charges and repayments on the £165,000 mortgage from the bank which considering you are a freelancer didn't give you the best rate.

wikichris

Nov 11, 2018, 10:59 pm Reply

So help from family in other words. None of the others.

Joseph Kendrick

Nov 11, 2018, 12:34 am Reply

5% deposit on a house in London in this current market, yikes! That's a lot of loans at the top of a bubble…

easyifyoutry

Nov 11, 2018, 1:32 pm Reply

does this lady give figures anywhere or mention the specifics of the property?

Karl Toth

Nov 11, 2018, 9:15 pm Reply

Just turned 35 and still living with my parents..hard to move out when you can't find a job.

Charing Cross

Nov 11, 2018, 6:26 pm Reply

Apart from incredibly stupid gesticulation, there is nothing to this video. What was the price of the property? Which area of London? How much was your deposit? What are the interest rates? How many years the mortgage is for? Why to make a video about the property purchase if you are not prepared to disclose financial information?

Steven Postans

Dec 12, 2018, 1:02 pm Reply

She's a lovely person and an inspiration to those living with the same condition as her.
HOWEVER i get why people are getting pissed at the fact her family helped her buy. The system is unfair, people get jealous and i cant blame them, its how i feel as well, my mental health issues prevent me from having a job that pays more than minimum wage, so no house for me!
Life sucks sometimes, its tough.

Romanos Araviad.

Dec 12, 2018, 7:34 am Reply

Whereabouts in London is the flat? Very roughly, of course… 🙂

ella lia

Dec 12, 2018, 7:47 pm Reply

thank you for being so transparent and helping us understand!! Xxxx

Dusan Veselka

Dec 12, 2018, 11:49 pm Reply

This leasehold thing in the UK sounds to me (not from the UK) like some kind of scam. If you buy a flat with a lease on it eg. 100 years, it means that after 100 years you (your kids, next owner…) would need to purchase more 'lease time'? and what if you dont, do you lose the property? if the lease is not at least several hundred years, why would anyone invest into it? I just cant imagine that I would buy a property with the ownership for only a limited amount of time….

Andrew Guest

Dec 12, 2018, 1:37 pm Reply

Basically bank of mom & dad

Andrew Guest

Dec 12, 2018, 1:43 pm Reply

So basically the tax payer owns half your house, my advice buy as much of it as possible the later you leave it the more it will cost you

B27

Dec 12, 2018, 9:58 pm Reply

Really worked hard… well done.

Samo Sational

Dec 12, 2018, 1:55 pm Reply

Thank you so much, this was super helpful!

Melvin Nnamah

Dec 12, 2018, 6:23 pm Reply

I stopped watching after she said help from family loool

REDinitial

Dec 12, 2018, 9:11 pm Reply

Step 1. Have parents and grandparents who can afford to pay your much higher than normal deposit
Step 2. Have a really good financial year while living in London
Step 3. ????
Step 4. Profit

Denis Nash

Dec 12, 2018, 12:37 am Reply

Can't listen to this – too many "like"s. Relax sweetheart, have a drink then do this again leaving out all unnecessary stuff.
Life's too short.

flymoon24

Dec 12, 2018, 6:09 am Reply

Hi, Is it possible to let me know the area of your flat in square meters , approx locality and description of your flat and building, the annual service and annual maintenance charges? Thankyou 🙂

A Way to Live well

Dec 12, 2018, 9:36 am Reply

That was really informative, thank you.

Jesse Vandament

Dec 12, 2018, 2:57 pm Reply

I plan on moving to Britain from the states. Trying to decide if I want a small flat in London or a slighter bigger home between London and Brighton. Will likely have about £150,000, more if I decide to sell my land and cattle in Oklahoma. I'm 28 and want to be able to mingle with people my age so maybe a flat is a better option, but London just seems so big. Please feel free to comment. Open to any ideas.

Gary Mcfarlan

Dec 12, 2018, 5:44 am Reply

I love my communist style flat in Easter Europe, very beautiful and affordable 🙂

Miss Trendy

Dec 12, 2018, 7:37 pm Reply

What mortgage adviser do you use? Thanks 🙂

Norbert Chong

Dec 12, 2018, 3:39 pm Reply

The scary thing is, especially for men…..they save, they work, but if they get married and have kids and let their wife be a stay at home mum, then as soon as they divorce, that house is gifted by the courts/law to the stay at home parent and the one who works is put out on the streets. This is a fucking scary thought and puts me off buying / makes me want to be the stay at home parent.

Sandymoor Doctor

Dec 12, 2018, 11:34 am Reply

How I bought a 4 bedroom detached house in Cheshire?

EASILY.

London salaries are 16% higher, but London house prices are 500% higher. A young person in London can't give out good financial advice, because if they had good financial sense they would move out of London.

Wren Poldark

Jan 1, 2019, 10:00 pm Reply

God, it must be nice to have parents with money.

Dilan

Jan 1, 2019, 5:49 pm Reply

How much did you flat cost in the end ?

Caitlin Rose

Jan 1, 2019, 7:05 pm Reply

I'm 17 and i am obsessed with real estate

Sandymoor Ferrari club

Jan 1, 2019, 9:43 pm Reply

London house prices will fall for the next 20 years, while house prices in the North of England will rise. I advise everybody with property in London to sell up ASAP and invest in the north.

Spell Vlogs

Jan 1, 2019, 10:22 pm Reply

Pls do visit Assam

Adam cc

Jan 1, 2019, 9:05 pm Reply

You talk to much man just get to the points jeez

returnofbhavar99

Jan 1, 2019, 1:49 pm Reply

If this is how u bought a place using help to buy or shared ownership arg I'm gna be annoyed.

Orhume Baror

Feb 2, 2019, 10:33 pm Reply

Omg Hannah this is so relatable. I am really struggle just to save!! Any tips

Полина Гинькина

Feb 2, 2019, 5:01 pm Reply

hannah i love you but can these hand gestures are very distracting

QuagmiresDooflab

Feb 2, 2019, 8:46 am Reply

Typical middle class bollocks!

Felicity

Mar 3, 2019, 12:06 am Reply

2 of my grandparents rented their flat for about 50 years instead of buying it. The amount they paid overall for rent we worked out would have been enough to buy the flat just over 2 times. Renting is incredible and short term a lot cheaper, but if you're looking for a long term 'forever' place to live, buying will (usually) work out cheaper in the long run. Also owning property is a good financial investment.

Herodotus Farmer

Mar 3, 2019, 6:24 am Reply

Words fail me.

Asif Baig

Mar 3, 2019, 11:31 am Reply

Why doesn't anyone ever give specific amounts of money.. So pointless

brianne14

Apr 4, 2019, 1:30 am Reply

Omg. We saw our condo October 2nd and moved on December 1… I can’t imagine having it not be 60 days from the offer being accepted by the seller to moving in!!

sittingbackrelaxed

Apr 4, 2019, 7:39 pm Reply

Love this as I bought a house here in the US and the process here can be confusing as well as there are so many options for people to purchase homes/property. I own both the house and the land that it sits on. My property has also gained substantial in value since original purchase date. My current company is considering sending me to the UK to live/work permanently so I may be in the rental market there soon. I would consider purchasing, but I'm wondering what the pros and cons of that are. Yes, I earn enough to cover two mortgages. I'm only paying 5% of my currently salary on my property here.

Sean john

Apr 4, 2019, 3:51 pm Reply

I don't agree with your atheism policies – but i do agree with your organisational policies – ohh the conundrum

Fiona

May 5, 2019, 12:05 am Reply

Thanks for sharing x How much is your rent compared to your shared place?
How much did you have to pay deposit wise? Thank you x

Sharjeel Khan

Jun 6, 2019, 6:53 am Reply

Wish u flap your hands bit less

duncan the man

Jun 6, 2019, 1:28 am Reply

Is it her hands or mouth doing the talking?

Tom P

Jun 6, 2019, 7:49 am Reply

If I could pass on one tip to anyone buying a flat in a converted Victorian house in London it would be never buy the ground floor. Water and noise travel downwards and both will happen regularly.

Samantha Allen

Jul 7, 2019, 9:48 pm Reply

You never said how much the flat was worth. Should of been more forth coming with facts and figures. The video is great if you don't know anything about buying a home. Not so if you are financially astute.

When I was looking for flats to buy in London in 2005. They were £120k for 1 bedroom. £140k for 2 bedroom. Luckily I stretched my mortgage to £160k and brought a 2 bed house in London lol. I did have family help with the deposit.

Matrix Dude

Jul 7, 2019, 5:08 pm Reply

Rent sucks !!

John Richards

Aug 8, 2019, 7:06 pm Reply

Hard work—check ☑
Savings—check ☑
Family "help" ✖

Thus very little chance of getting a decent 1-bedroom flat in an non-remote area of Greater London with a reasonably long lease (with my current salary). Buying a new build not far from Central London—are you kidding?

Extra&ordinary Design

Aug 8, 2019, 7:32 am Reply

Very easy to understand. Thank you for the great contents. ?

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