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Old 10-05-18, 08:11 AM   #15
Dan1971
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Quote:
Originally Posted by peterzs View Post
seems unfair to stop the insurance.

Better than hitting anything.
It does - especially as that will no doubt have caused issues as mentioned because the next insurance company will ask the " have you ever had insurance declined or cancelled" question, and up goes the premium !

Harsh world for young people these days - struggle to get car insurance and don't get me started on house prices and them being able to buy a house .....

I know I'm not the oldest on here - not far from though - but my first house was a 2 bed end terrace we bought in about 1995 for £60K. It was just a repossessed new build in an estate near Harlow so nothing special. That house is now £280K. Most mortgages these days require a 25% deposit whereas for me at the time I had to put in just 5%. How the hell is a 22/23 yr old gonna be able to stump up a 25% deposit on that (68K) .... ?.... I get the feeling that my boys, 17 and 14 now, will be at home for a long time unless I bung them a massive wedge from my retirement lump .... All well and good for me (and them) to be able to do that, but not everyone can give their kids a big handout.
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Last edited by Dan1971; 10-05-18 at 08:19 AM.
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