It’s your move, or more likely mine. Week 16

clock face

Only time will tell

~Time~

All things come to those who wait…so said Violet Fane in 1892; anything worth having is worth waiting for and if it was meant to be it will be…so said my mother on a regular basis.

If this past week is anything to go by then all of those quotes ring true.

Working on this premise, not only should we definitely have our own home before much longer, but when we do get it (and I am planning to make it happen this year), it will be worth its weight in gold.

~Life~

Life is made up of a myriad of different elements; it’s a kaleidoscope of experiences and targets that creates the diverse nature of our character and it is the (usually) brief moments of euphoria and happiness that help us to continue despite all the rubbish we have to deal with at the same time.

Take the lack of our own home for instance; if you’ve been following this blog you will know how much I detest renting and the guilt I suffer when it comes to not being able to give my sons a home we can call our own and everything that goes with that (having a pet, being able to hang pictures on the wall, changing a horrible colour scheme, etc), goes far deeper than you can imagine.

~Hard Work Pays Off

Anyway, this past week I have (as usual) enjoyed a great week at work and not for the first time I was reminded that determination to keep going and hard work really does pay off in the end. It may not happen overnight, but it will eventually.

I was also presented with an unusual opportunity I could never have foreseen when I first worked on a particular project several years ago. It harks back to a Parnham House article I wrote for Dorset Life Magazine in 2009 or to be more specific, the photos I took to accompany the article.

Following the terrible fire on Easter Saturday that destroyed this magnificent mansion, which I coincidentally used as a reference in my last post, I was contacted by one of the tabloids who asked if my photos were available for syndication.

It was one of those wow! moments when you get so excited you can’t stop smiling and you desperately want to tell someone about it asap.

Of course as with all euphoric moments, it was brief and soon faded, although I did reach an agreement with them and I am still extremely chuffed.

But the point I am making is all of this has taken time and/or effort to bear fruit and has made me feel buoyed and positive and dare I say, successful, briefly forgetting about our lack of a home we can call our own.

There was also another important event that happened last week, the completion of our 2016/17 company accounts, itself no easy task. We have sent them to the accountant for him to crunch the numbers. It’s now going to be a nail-biting wait to see what he calculates and the moment we get that document back, waiting is the one thing I will not do. The envelope won’t even have a chance to hit the doormat before I forward it onto the mortgage broker for him to re-crunch the numbers.

That really will be a testing time as we wait to hear the results and prepare to be either very disappointed or euphoric.

I am holding onto Violet and my mother’s sayings and hoping the long wait is now over and since we’ve been waiting for ever, it will all come to us; the difference with this euphoria is that it will last a whole lot longer than 24 hours!

 

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It’s your move, or more likely mine. Week 15

SANYO DIGITAL CAMERA

The magnificent Parnham House

 

For years I believed the most important date for the Christian calendar was Christmas, after all, everyone celebrates a birthday; it’s the start of something new isn’t it? A new life full of promise and excitement. But I was wrong, it is of course Easter.

It’s nothing to do with death and dying but everything to do with new beginnings; all the events that went before become the building blocks of something much bigger.

Now disregarding any religious fervour, this past week has seen disaster for some but a new start for others and both have impacted on me.

There were two house fires, one just down the road from me on the Devon/Dorset  border. A house that has only recently been sold was gutted by fire. The owners were in the Far East at the time, so luckily there were no injuries. It had been on the market for a long time, I drove past it every day wondering when the ‘Sold’ sign would appear and when it did, I wondered who had bought it, what they were like and what they had planned. It was a large house with, I guessed, plenty of potential.

Their plans will undoubtedly now have to change, notwithstanding the time it’s going to take for the insurance claim to be dealt with, they will almost certainly have to start from scratch abandoning their original scheme.

The other house fire was in Beaminster; although ‘house’ is an understatement because Parnham House is a magnificent listed mansion full of unique works of art and steeped in history. I wrote an article about this fantastic property for Dorset Magazine. But putting its grandeur aside, it is also a family home, a family I know quite well from a previous life. The news reports painted a grim picture stating the outer walls were all that was left; whether they managed to save any of the artwork or family possessions I don’t know, but as with the Lyme Regis fire, there were luckily no injuries.

The Treichl family will similarly have to claim on the insurance and I can but assume Parnham will once again rise from the ashes.

Both events are devastating for the people involved but no one died and they will be able to start again and/or rebuild.

And it’s the starting again part I have been thinking about since I visited my sister on Good Friday because like me, she has moved house over the years, perhaps not as often as me (who in their right mind would move 15+ times), but it still involved the disruption of packing/unpacking and living in a rented house.

But after months of forking out dead money in rent, she decided to bite the bullet and buy somewhere. She faced similar challenges that I face and eventually decided to buy a flat that needed refurbishing. It’s not ideal, but she plans to modernise it and reap the rewards from its increased value and move back up the property ladder.

That’s when I realised that no matter what the disaster, you need to think about new beginnings; I’m not saying forget about the plans you have made, simply put them to one side and use what has gone before to build on.

We will be sending our accounts to the accountant this coming week and thence to the mortgage broker. I’m psyching myself up to hear some less than positive news but if that happens, it will be time for me to look at what is left, adapt and use that which is available.

OK it won’t be exactly what I want to begin with and I remain focussed on the house I always imagined I would have but in the meantime I will make my ideas rise from the ashes of my dreams and build on the foundations.

So it really is true, Easter is all about new beginnings.

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It’s your move, or more likely mine. Week 14

broomMy thoughts have been turning to Spring this week; partly because my sons broke up from school for the Easter holidays but also because the weather has been spectacular and as we all know, when the sun shines it lifts the spirit and makes you think about moving furniture around, giving the house a general refresh; in short a spring-clean.

I have to admit that living in rented houses is not conducive to paying much attention to this annual ritual that conjures up images of dusters being shaken out of open windows, gardens being tidied and winter duvets being changed for lighter lower tog ones. No, since we have been renting I have been in a permanent state of flux never bothering to unpack all the boxes or find permanent homes for things. I took what was necessary from boxes and left the rest enclosed in bubble wrap. There just never seemed any point in sorting stuff out only to put it all away again at any given moment.

I did go through a brief phase of being determined to sort out all the boxes and discard the things I no longer wanted, but every box was a reminder of the years we have been moving especially when I found my sons’ old toys I had put away only to forget which box they were in and now, years later, they are no longer interested in Thomas the Tank Engine or Scooby-Doo. So I ended up feeling guilty for having moved them again and again during their childhood and mourned the years of memories I have sacrificed.

When we moved last August, I was once again determined that it would be our last move into a rented house and that it would be a temporary stop-gap until we secured our own home. Thus all the stuffed cardboard boxes were shoved into the garage and the plastic crates were piled up outside the back door. I was angry and fed up so dumped things wherever I could find a big enough space.

But the trouble with that practice is it becomes untidy very quickly and along with the crates and wheelbarrow by the back door, were two disused wheelie bins soon to be joined by a broken jet washer. Before long it was beginning to look more like Steptoe & Son’s backyard.

It was not somewhere anyone would want to sit which was a pity because it was an incredible sun trap.

But with the glorious weather we have been enjoying I decided, enough. It was no longer going to be a dumping ground for anything we couldn’t fit in the garage, along with being a collecting bay for the dead leaves of last autumn, I was going to turn it into a pleasant place to sit and enjoy the sunshine.

So with a yard broom and some elbow grease I dragged crates and bins to a shed and swept the rough concrete surface removing leaves, soil and weeds. I dragged the bench from the dark side to the sunny side, wiped down the garden table and chairs and hey presto! There is now a clean and tidy area to enjoy the warm spring sunshine.

I also have plans for some trellis and climbing plants and maybe even a large pot plant to give it even more of a spring garden feel to it.

Of course the irony will be if after all these years of not making any kind of effort because of our constant moving, that now I have been swept along in the tide of spring cleaning making our yard less of a temporary black-spot and more of a sunny warm spot, we will finally be able to get a place of our own and someone else will benefit from my spring-clean. But you know what, I really wouldn’t mind that, not one bit.

Now where did I put that feather duster?

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It’s your move, or more likely mine. Week 13

plantsThis past week my mind has been preoccupied with money and giving things a chance.

Sadly money ranks very high on my agenda much of the time, but then doesn’t it for most people unless they are lucky enough to have plenty of the stuff; but on this occasion my reason for focussing on money is that this time last week I was recovering from a solid weekend of selling my wares at a wedding fair. The cost of the pitch was enormous and combined with the various add-ons I needed (props, flyers, etc) I was haemorrhaging money. But I had never done a wedding fair before and I was giving my  poetry a fair crack of the wedding whip. You see I write poetry for people and the wedding work has seen an increase, so I figured I’d give it a go and see what happened.

I gave it a chance to work.

After two full days of standing, smiling & trying to persuade the happy couples that a wedding poem was what they wanted, I realised I was before my time, I was trail blazing a service that the matrimonial world was simply not ready for. I was a lone poetic pioneer forging my way across frontier land.

But I have no regrets, despite the enormous amount of money I forked out, had I not done it I would always be wondering and now I know.

But that wasn’t the only thing I gave a chance to this week.

A couple of days later as I hurtled across the front bit of lawn of our rented house with my electric Qualcast, I was just about to tear along the edge of the lawn where it butts upto the garden wall when I noticed some leaves that I vaguely recognised. Sadly not soon enough to avoid slashing the first three plants, but the moment I saw them I thought ‘hold on, those look like tulip leaves’; they have obviously been specically planted  by someone at some point and even though it would be easy to decapitate them completely taking them down to ground level, I pulled myself up short and made an emergency mower stop.

I don’t know if my (very limited) floral knowledge is accurate, they may well be gladioli but I decided to take care around them and even though the garden is not mine and the mowing is something I do because I have to, I’m going to look forward to seeing what emerges from the leaves and if they are tulips I will be quietly smug.

I gave them a chance to grow.

So returning to my money preoccupation, our accountant emailed this week asking for my earnings during the 2016/17 financial year. This is both an exciting and depressing time; exciting because it means a new financial year is starting and over the next few weeks we will find out from our mortgage broker whether or not we have what it takes to persuade the lenders to lend. But depressing because my earnings are pitiful having given up a working life to raise my sons, I now have a very part-time job.

My earnings will never make or break the deal, it is the company accounts that will be the deciding factor and now the new financial year is here, it is time for our accountant to do his number crunching so we can forward the figures on to the broker.

So after giving my wedding poetry a chance to work and those tulips (or gladioli) a chance to grow, I wonder if the mortgage companies will give me the a chance or if they will be like the Qualcast and cut off any chance of owning my home?

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It’s your move, or more likely mine. Week 12

daffs

 

It’s the last week of March. Quite where the month has gone I don’t know but then time seems to pass by at supersonic speed nowadays. However, the end of March may well be a turning point in our crusade to secure a home for our family’s future because the end of the month means another completed financial year for the family business.

If you’ve been following this blog, you will know we are up against the financial system that was restructured following the crash of 2008; restructured to protect the financial institutes from making bad decisions, the consequence of which has led to thousands of people being unable to secure a mortgage.

So I am hoping our 2016/17 company accounts are going to show a healthy glow of growth so we can go with our cap in hand to seek a mortgage.

But the end of March has also brought catastrophic tragedy that puts one’s own plight into perspective; so with the fantastic Spring sunshine beating down and warming my whole body as it radiates through my office window, I thought I would be a little bit more upbeat about renting. Because despite all the negative aspects of our nomadic life, there have been a few positives I thought I might share.

Let’s take friends for instance. You can never have enough friends; people who are interested to hear your news and want to share their updates with you. People who will wave at you as they pass in their car or give a cheery welcome if you meet them in town or out on a walk. People who are happy to share good news but also glad to sympathise with the bad.

In short, friends can help to make your day much brighter and because we have lived in six different locations since we moved down here from Bedford, we have made friends with a great many more people we may never have otherwise met. Some have hitched a ride on Facebook or Twitter and other social media sites and that helps to keep in touch.

And it’s not just a grown-up thing either, my sons have similarly forged great friendships that have continued despite us moving away from a particular village. They continue to see those friends and I hope they will do so long into the future.

Then there’s the house ‘wish-list’; the best bits and worst of the different houses we’ve lived in and the list is quite comprehensive from living near a main road when any conversation we tried to have in the garden was drowned out by the noise of traffic, to the perfect size for a back garden or the need to have more than one bath/shower room (we currently have one bathroom without a proper shower) to the best design of shower cubicle.

So when we do start looking for our own house to buy and keep, we can look at that list and create a home we all love.

So for all the downsides and despite my hate of living in rented houses, there are some upsides for which I am thankful on this gloriously sunny Spring day.

All the same, roll on April at which time I will either be celebrating my good news with my friends or looking for a shoulder to cry on.

 

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It’s your move, or more likely mine. Week 11

garden

I mowed the lawn today; well actually, that’s a bit of a white lie because whilst the grass was cut it was not cut by me, I had to call on a neighbour who happens to be a gardener and luckily owns an industrial sized petrol powered strimmer. Because that’s the other white lie, the area in question could never be classified as a ‘lawn’ and even calling it grass is being generous. I call it the ‘scrub’.

Gardens and house renting don’t always sit comfortably together because the landlord or lady doesn’t want the bother of a fancy garden or investing time/money in something they are unlikely to enjoy. The tenant is similarly unlikely to invest their time/money in  something that doesn’t belong to them and they always have the risk the tenancy will not last long enough to see the daffs emerge.

No, gardens and rented houses are not best mates.

However, when you rent a house it is not unreasonable to expect the garden to be tidy, low maintenance and hassle free. You don’t expect to have the remnants of two very large bonfires where someone has obviously tried burning every bit of garden and household rubbish they could find including fence posts, chicken wire and garden tools, the charcoaled remains of which were simply left in an untidy black cindered patch. Hopefully the tree that was scorched by the inferno will survive although I have my doubts as it is showing no signs of spring activity.

When we viewed the property the agent assured us the garden rubbish would be cleared enabling us to cut the grass as per the terms of the tenancy.

After we had moved in it was still there so the agent suggested we ask someone to get rid of it.

But whilst that may have removed the charred debris, that wouldn’t have solved the underlying problem; the entire area is littered with huge rocks and various bits of household rubbish that had been slung on another dump to the side of the garden and were slowly migrating across the scrub.

I did try to run our robust petrol driven mower over it but the combination of different wild grasses including the awful Bermuda grass, rocks and other debris made it impossible to use.

In the meantime we got to know our very lovely neighbours and discovered one of them was a gardener so after a quick look he was able to offer a solution.

So on a dull spring day he soon reduced the overgrown scrub into less of a paddock for ponies and more of a domestic patch. I’m also very pleased he paid particular attention to the odd clumps of pretty primroses that have survived, despite the neglect of their surrounds.

It’s never going to be anything other than a rectangle of scrub and the burned remains can stay there for the next tenant.

It’s all part of the rental package that we have experienced

On another note, I received a response from the civil servant in response to Jamie Pogson’s petition (see Week 10). Not surprisingly they have wheeled out all the old nonsense as justification to ignore the demands of over 100,000 people. No surprises there.

Also, I see another family sized home has been sacrificed by a wealthy property owner; a large double fronted grade II listed house in Lyme Regis is being completely renovated with no expense spared including closing off the road for 4 weeks whilst the work is done. What’s it going to be? No longer a warm and loving home for a family of four; the top floor will be a flat for the owner then the rest of it is going to be four holiday lets.

Lyme house

I wonder what his/her garden is like?

 

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It’s your move, or more likely mine. Week 10

marshwood

Housing Association new builds, but how long before they fall into private hands?

Interesting times since Plymouth dad, Jamie Pogson started an online petition to Parliament demanding that rent should be used as proof that someone can afford mortgage repayments.

Interesting because that is exactly the point I have been making for years and interesting because it has been picked up by the media and the injustice of the situation highlighted by people from within the financial industry.

The number of signatures quickly racked up and the 100,000 point was soon passed meaning his petition stands a chance of being discussed. Sadly there are no guarantees and if I’m honest, I’ll be surprised if it happens given the state of national and international affairs, but what this petition has shown is that there are thousands of people who agree and it’s not just the people who are suffering from this unfair system.

Media and Social Media latch on

Amongst the many press reports there is also a LinkedIn post from Ryan Crighton, director of Marketing at Aberdein Considine, a Scottish law firm, and he states renting a property is now more expensive than paying a mortgage; the last time renting was the cheaper option was back in 2008. Whilst he is applying this to Scotland, I am confident it also applies south of the border.

The London Metro picked it up and published a comment from Mark Homer of Progressive Property in Peterborough who said ‘lenders should be more intelligent about it…they are simplistic in their approach’.

Prudential Regulation Authority

A friend of mine who signed the petition told me I was on a hiding to nothing because it was not within the government’s remit to change things; it has to be the lending houses who make the decision. But it seems this may not be the case; it is the Prudential Regulation Authority (PRA) created under the Financial Services Act 2012 as part of the Bank of England, who are responsible for and regulate the financial institutions. The Bank of England is owned by the government.

The PRA was set up in the wake of the 2008 financial crash that happened due to the greed of those same institutions. But now, some 8 years on, the archaic rules are too prohibitive and have gone too far the other way preventing 100s if not 1,000s of people from getting a mortgage.

A nation of shopkeepers? No, a nation of no-hopers

It seems obvious to me that given the massive increase in the number of people renting, this level of financial commitment is absolute proof you can pay a mortgage.

I keep being told the UK is moving away from a nation of home-owners to a nation of renters and the government is encouraging local authorities to increase building of homes to rent.

But that is not the answer.

We are not turning into a nation of renters, we are becoming a nation of those who have and those who have not and it is being made worse by government short term goals and human greed.

As fewer people are able to get a mortgage, those people who can are snapping up properties the moment they come on the market, giving them a quick coat of paint then renting them out at extortionate prices to finance their pension pot.

The net result is property prices keep rising, supply dwindles, property owners increase their property portfolio, the average person can’t get a mortgage so have to rent, often a sub-standard house and their rent is funding the landlord’s next property purchase.

A never ending circle.

There is only one solution; the PRA has to adjust the lending rules allowing rental payments to be used as proof of ability to pay a mortgage, this will open up a large bank of people who will become house buyers. The rental market will become less popular therefore rent will go down and/or the landlord will sell the property. Those people who want to move onto or up the property ladder or downsize will be able to because there will be more available properties to buy.

Property investors are capitalising  on the misfortune of others, the trend needs to be reversed.

The Saffron Building Society were offering ‘Rent-to-Buy’ mortgages back in 2011. They were unable to tell me anything about this product or why they stopped selling it, perhaps it’s time to take another look at it.

With so many people agreeing the lending rules need to change, to me it’s a no-brainer and the thought that there could ever be a possibility I will never own my home fills me with despair.

The rules need changing. End of.

 

 

 

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