Episode 3

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0:00:03 > 0:00:06Up and down the country, super rich teens and twentysomethings

0:00:06 > 0:00:10are snapping up the hottest properties money can buy.

0:00:10 > 0:00:11This is where the mistress will be.

0:00:11 > 0:00:14You could hide your lover in here, when your husband gets home.

0:00:14 > 0:00:17'How To Be A Property Millionaire.' I like to read that.

0:00:19 > 0:00:22Unless you've got a trust fund, or being bankrolled by Mum and Dad...

0:00:22 > 0:00:25Some people work all life to become a millionaire. I adopted it.

0:00:26 > 0:00:31..the average first-time buyer now reaches a whopping 38 years old...

0:00:31 > 0:00:35- 38? Bloody hell!- You're joking?!

0:00:35 > 0:00:41..as Britain's youth are in danger of becoming a generation who can't afford to buy their own homes.

0:00:42 > 0:00:46This series follows some of the UK's most affluent young people...

0:00:46 > 0:00:48I don't actually care about this money I'm making.

0:00:48 > 0:00:5280 bottles of Dom Perignon, a couple of bottles of Cristal. Standard weekend.

0:00:52 > 0:00:54I'll make 100 times as much in about ten years' time.

0:00:54 > 0:00:58..as they hunt for their perfect pads...

0:00:58 > 0:00:59Yeah, this is a bit amazing.

0:00:59 > 0:01:02- Oh, I love this!- Oh, my God.

0:01:02 > 0:01:04And there's a walk-in wardrobe!

0:01:04 > 0:01:07..and go on a serious spending spree.

0:01:07 > 0:01:10That's definitely the theme I'm going for. £700 is a good bargain.

0:01:10 > 0:01:12It's going to be extortionate.

0:01:12 > 0:01:14This one is £420,000.

0:01:14 > 0:01:16£799,950.

0:01:16 > 0:01:18On the market for about two and a quarter million.

0:01:18 > 0:01:21There is no question - I've become obsessed with property.

0:01:21 > 0:01:25We got it, yeah! Oh, my God!

0:01:25 > 0:01:29In tonight's show, we follow four rich, young gents

0:01:29 > 0:01:32as their house-hunting dreams turn to nightmares.

0:01:32 > 0:01:35Well, what an incredibly horrendous place.

0:01:35 > 0:01:42Two 18-year-old public schoolboys have a hundred grand to find a dream flat, but not all dreams come true.

0:01:42 > 0:01:44I'm not so sure about the graffiti.

0:01:44 > 0:01:49A 24-year-old with £1m seeks a boutique eco-home.

0:01:49 > 0:01:52- A lot of red brick. Looks very councily.- Yeah, it does.

0:01:52 > 0:01:56And a 22-year-old is gifted a £350,000 apartment...

0:01:56 > 0:01:58and a flatmate from hell.

0:01:58 > 0:02:00I need to talk to you about getting a drum kit.

0:02:00 > 0:02:03No... Absolutely not.

0:02:12 > 0:02:16Public schoolboys Johnny and Kieran are best mates.

0:02:16 > 0:02:20They met at Winchester College, one of Britain's most exclusive boarding schools.

0:02:20 > 0:02:25OK, OK, wait. I'm Kieran. I'm 18 years old.

0:02:25 > 0:02:26My name's Johnny.

0:02:26 > 0:02:28Wait your turn.

0:02:28 > 0:02:31My name's Johnny. I'm 18 years old.

0:02:31 > 0:02:33Hi, I'm Kieran. I'm 18 years old.

0:02:33 > 0:02:41These teenagers want to buy a flat in London, and luckily, their parents are giving them a helping hand.

0:02:41 > 0:02:43Our parents are giving us £50,000 each, for a deposit.

0:02:43 > 0:02:47We're looking for quite a nice flat, which we could perhaps later sell on

0:02:47 > 0:02:50in about five, six, seven, eight years' time.

0:02:50 > 0:02:51Yeah.

0:02:51 > 0:02:53As long as we still say friends.

0:02:53 > 0:02:58And they can have something nice with their massive budget of £600,000.

0:03:00 > 0:03:03- Do you have a preference whether it's that way or this? - I would prefer this area.

0:03:03 > 0:03:07Johnny wants to live in affluent West London.

0:03:07 > 0:03:11Kieran is more interested in the fashionable East End.

0:03:11 > 0:03:14Kieran's got this idea that he wants to live in a trendy neighbourhood,

0:03:14 > 0:03:17with trendy people wearing, like, dark, skinny jeans.

0:03:17 > 0:03:19I mean, I wear quite skinny jeans.

0:03:19 > 0:03:21I like that look. It's interesting.

0:03:23 > 0:03:27The boys will need a mortgage. No problem for Johnny, an aspiring model.

0:03:27 > 0:03:32Just got back from New York Fashion Week. What can I say? Four grand up.

0:03:32 > 0:03:37I need my first campaign, because once I get that, it all kicks off.

0:03:38 > 0:03:42But it might be more difficult for wannabe rock star Kieran.

0:03:42 > 0:03:48I'm taking a gap year, but I'm in a band and so, we're dong stuff, like, in London.

0:03:48 > 0:03:54My parents, um, are happy with, like, me moving out. It's like an independent move.

0:03:54 > 0:03:55'My dad's quite happy about it,'

0:03:55 > 0:04:02cos I'm moving out and he wants me to grow up and, well, become a man.

0:04:02 > 0:04:06CHEERING AND SHOUTING

0:04:06 > 0:04:09In leafy Wimbledon, South London, lives Josh.

0:04:09 > 0:04:12'Hi, I'm Josh. I'm 22,'

0:04:12 > 0:04:13and I'm about to move out for the first time.

0:04:13 > 0:04:20His parents are successful property investors and he's learning the business, working as an estate agent.

0:04:20 > 0:04:24I could quite easily not work, but I don't want to that.

0:04:24 > 0:04:28You know, for me, it's a sense of self-achievement.

0:04:28 > 0:04:32He's independent in every way, except he still chooses

0:04:32 > 0:04:33to live with Mum and Dad.

0:04:33 > 0:04:38He doesn't even pick a leaf up in my massive garden, do you?

0:04:38 > 0:04:42That's cos, you know, I've said before we should get a gardener. Right?

0:04:42 > 0:04:48Josh occupies the entire top floor of their £2m house, but he's desperate to leave home.

0:04:48 > 0:04:53It cannot come soon enough, basically. I'm sure my parents won't say that.

0:04:53 > 0:04:58- Their only child. Goodness me. - He thinks he wants independence. You've got independence.

0:04:58 > 0:05:01No, I do, but it's monitored independence.

0:05:01 > 0:05:04- No, what he wants is a little bit of pain, isn't it?- Yeah.

0:05:04 > 0:05:05- You know?- Yeah. I do.

0:05:05 > 0:05:09It's like, you know, we've given him everything, except poverty.

0:05:09 > 0:05:10He's got a phenomenal deal.

0:05:10 > 0:05:14The other this is, what's quite interesting - a lot of his friends,

0:05:14 > 0:05:17that he respects hugely, they all say the same thing to him.

0:05:17 > 0:05:20"You must be mad to want to move out".

0:05:22 > 0:05:26At 22, he already owns a house worth £500,000.

0:05:26 > 0:05:30It's a great purchase. Good first-time buy, as they say.

0:05:30 > 0:05:36But his house is rented out, so Josh is stuck at home - until now.

0:05:36 > 0:05:43There'll be no house hunting for him, because his parents will give him a two-bed flat, worth £350,000.

0:05:43 > 0:05:46He can finally move out and have the independence he craves.

0:05:46 > 0:05:49My parents have a portfolio of properties, which they're going

0:05:49 > 0:05:52to hand over bit by bit to me - and this will be one of them.

0:05:52 > 0:05:56This is the first place out of home that I'll be living by myself.

0:05:56 > 0:05:59Um, quite exciting, as I'm sure you can imagine.

0:06:01 > 0:06:05And it's time to catch up with 24-year-old Zeno, one of London's richest young men.

0:06:07 > 0:06:11I feel like I'm going to dance in the club tonight.

0:06:11 > 0:06:13My name is Madam Voo Voo Gabor.

0:06:13 > 0:06:15I am Zeno. I am 24 years old.

0:06:15 > 0:06:21I'm looking for an eco-house and my budget is around £1m.

0:06:21 > 0:06:26Zeno comes from a family of renowned environmentalists and he, too,

0:06:26 > 0:06:30wants to continue saving the planet by buying an eco-friendly house.

0:06:30 > 0:06:36I'd like to be able to have an eco-house. It is a sense of that I'm giving back to the Earth.

0:06:36 > 0:06:42Previously, he started his eco-house hunt looking at a £2.25m pad.

0:06:42 > 0:06:45What is that smell you're smelling? It drives me wild.

0:06:45 > 0:06:48- That's probably the off gassing from some paint.- Oh.

0:06:48 > 0:06:52It was a home fit for a king - a Lion King.

0:06:52 > 0:06:55ZULU-ESQUE CALL

0:06:56 > 0:06:58You feel that your spirits can soar here.

0:06:58 > 0:07:02But that was too expensive, even for Zeno.

0:07:02 > 0:07:06So he tried out another house, on for a mere £1m.

0:07:06 > 0:07:08Let's see how much noise comes in.

0:07:08 > 0:07:12Hello, hello, hello, hello, hello, hello, hello, hello.

0:07:12 > 0:07:16But days of searching failed to enlighten Zeno,

0:07:16 > 0:07:19leaving him and his chi to continue their journey of discovery.

0:07:23 > 0:07:28Today, 18-year-old Johnny and Kieran start their house hunt...

0:07:28 > 0:07:30but can't agree on whether to buy

0:07:30 > 0:07:33- in affluent West London, which Johnny favours...- It's 950.

0:07:33 > 0:07:36It's very expensive.

0:07:36 > 0:07:39..or trendy East London, Kieran's preference.

0:07:39 > 0:07:43I mean, you don't want to buy this. It looks like a council estate.

0:07:43 > 0:07:45- It is a council estate. - It is a council estate.

0:07:45 > 0:07:49We haven't actually consulted any banks or any firms for mortgages.

0:07:49 > 0:07:51I know the deposit has to be something like 15%.

0:07:51 > 0:07:56Most first-time buyers have a deposit of just under £19,000.

0:07:56 > 0:08:01These boys have five times that, thanks to the Bank of Mum & Dad.

0:08:01 > 0:08:05If we have a deposit of £100,000, I think we can get a flat for about £600,000.

0:08:05 > 0:08:09But when the bank or building society ask me about my income, and ask you, Kieran,

0:08:09 > 0:08:12about your income, I don't even know what we're going to say.

0:08:12 > 0:08:17Johnny gets paid handsomely for modelling, but Kieran is a struggling musician.

0:08:17 > 0:08:19Just remind me, how much do you get paid for your gigs?

0:08:19 > 0:08:24like this coming up on the 15th, how much are you getting for that, do you reckon?

0:08:24 > 0:08:27Um, I don't know, actually. It could be, like, between 200 and 300.

0:08:27 > 0:08:30What other part-time job were you thinking of getting?

0:08:30 > 0:08:34- I know we've been talking about this.- Yeah, we only just talked about it today.

0:08:34 > 0:08:35- Yeah.- A passing comment.

0:08:35 > 0:08:39Yeah, but you need a job, or else it's not going to work.

0:08:39 > 0:08:41This place would be amazing.

0:08:41 > 0:08:43Four and a half million.

0:08:43 > 0:08:46Ha-ha! You're so crazy.

0:08:46 > 0:08:51- Look at that. - Yeah, but can we actually try and do something productive here?

0:08:51 > 0:08:53Like checking himself out on the Milan catwalk(?)

0:08:53 > 0:08:57When I look at these videos, I like looking at the people on the front row.

0:08:57 > 0:09:01I like looking at their faces, as I walk past.

0:09:01 > 0:09:03And look at that good-looking girl.

0:09:03 > 0:09:07Watch her gaze follow me, as I walk past. Look, look, look, look, look.

0:09:07 > 0:09:10It's all a bit of a joke, really.

0:09:10 > 0:09:13While Johnny and Kieran's house hunt has a long way to go,

0:09:13 > 0:09:18in Wimbledon, 22-year-old Josh has it handed to him on a plate.

0:09:18 > 0:09:22His parents have given him his first flat, and he's moving in best mate Harry.

0:09:22 > 0:09:25- This is great.- Yeah. - This is going to be cool.

0:09:25 > 0:09:28It is, exactly. This is my room, by the way.

0:09:28 > 0:09:31Just thought I'd let you know. En suite.

0:09:31 > 0:09:35- The question that we've got to ask is, where's the sofa going to go? - Got room for a desk in here?

0:09:35 > 0:09:39- A desk?- Yeah, I want a desk. - For what?- We need an office.

0:09:39 > 0:09:41OK, in that case, we can put the desk there.

0:09:41 > 0:09:43Or move the sofa and put it there.

0:09:43 > 0:09:46It's going to turn into a very rock and roll flat.

0:09:46 > 0:09:49- It is going to turn into a very rock and roll flat. - We'll have the walls guitar clad.

0:09:49 > 0:09:52- Yep.- Albums, speakers - left, right and centre.

0:09:52 > 0:09:57The average amount first-time buyers spend on their property is £152,000.

0:09:57 > 0:10:05Josh's new place costs around £350,000, but he didn't have to search for it or part with a penny.

0:10:05 > 0:10:06Is this my flat? Yeah, it is my flat.

0:10:06 > 0:10:11It's my parents', truthfully, but it's going to be my flat.

0:10:11 > 0:10:16So there is a lot of pressure on me not to, not to mess it up and to man the fort, as it were.

0:10:16 > 0:10:20- The only way is up. - Exactly. It's a win-win situation.

0:10:20 > 0:10:22Well, that's what I like to think, anyway.

0:10:22 > 0:10:24We'll see how that pans out.

0:10:25 > 0:10:31With the decor sorted, best mate Harry is getting his feet right under the table.

0:10:31 > 0:10:35- Poker night's a good idea. - Yeah.- Cleaning night is essential.

0:10:35 > 0:10:37Probably be Tuesday or Wednesday. What else do we need?

0:10:37 > 0:10:40- Party night.- Party, yeah. We'll have some good parties.

0:10:44 > 0:10:48- I need to talk to you- about getting a drum kit in there.- No. - What do you mean?

0:10:48 > 0:10:51- Absolutely not.- Why not?- You want to get a drum kit in a flat?

0:10:51 > 0:10:55- Yeah. Why not? Wooden floors, mate. Sound great.- Wooden floors?- Yeah.

0:10:56 > 0:11:01Along with the apartment, it looks like Josh might inherit a noisy flatmate.

0:11:03 > 0:11:06In West London, teenagers Johnny and Kieran haven't begun to think

0:11:06 > 0:11:09about living arrangements, but they have got their very first viewing.

0:11:09 > 0:11:13Not that that's motivated them to leave on time.

0:11:13 > 0:11:18- Hi, Ray, it's Kieran and Johnny. - Hi, Ray, how are you?

0:11:18 > 0:11:23- Um, we're going to be a little bit late, I think.- We're in a cab now.

0:11:23 > 0:11:25All right. Take care. Bye.

0:11:26 > 0:11:31Kieran has got his way and the search is starting across town, in funky East London.

0:11:31 > 0:11:34- We haven't gone round a house before.- And we don't need to.

0:11:34 > 0:11:36I'm sure it's pretty simple.

0:11:36 > 0:11:38- Just go round.- I know.

0:11:38 > 0:11:41The property looks quite nice and it's the sort of thing we are

0:11:41 > 0:11:43looking for, so it does have potential.

0:11:43 > 0:11:46But when they arrive, Johnny's fears awaken.

0:11:46 > 0:11:48We're surrounded by council.

0:11:51 > 0:11:53Look, Kieran, honestly, mate.

0:11:53 > 0:11:58Walking through that green at night, you're going to be, like, chopped up into pieces.

0:11:59 > 0:12:03They're new to house hunting, and the £370,000,

0:12:03 > 0:12:07two-bed, riverside development is just as rough around the edges.

0:12:07 > 0:12:11And this is the main bedroom, which has an en suite shower room

0:12:11 > 0:12:15and also will have a built-in wardrobe here, as well.

0:12:15 > 0:12:18Where's the bed going? It'll all be quite small.

0:12:18 > 0:12:21- Think about how long a bed is. - It's designed to fit a double.

0:12:21 > 0:12:24The room next door is designed to be able to fit a bed

0:12:24 > 0:12:28and a couple of bedside table and they've built in storage, as well.

0:12:28 > 0:12:32It's bijou, unfinished and expensive, but Kieran loves the East End.

0:12:32 > 0:12:36I really like this bit. I like the coffee shops and the bike shop,

0:12:36 > 0:12:38and the restaurant's going to be here.

0:12:38 > 0:12:39It's a nice canal.

0:12:41 > 0:12:44- I don't know. We'll have to see. - I'm not so sure about the graffiti.

0:12:44 > 0:12:46I guess it'll have to do.

0:12:46 > 0:12:52The area doesn't impress Johnny, so they move on to a second flat, in Arnold Circus, Shoreditch.

0:12:54 > 0:12:59But in London, even a deposit of £100,000 will sometimes only get you

0:12:59 > 0:13:01a near-£500,000 ex-council flat.

0:13:01 > 0:13:02Oh, yes.

0:13:04 > 0:13:06You see, yeah. It's nice.

0:13:06 > 0:13:08This one is 470.

0:13:08 > 0:13:13At least it's three bedrooms, so they could rent one out.

0:13:13 > 0:13:14No, yeah. Look at this place.

0:13:14 > 0:13:17Just look around. Looks like it will be great for parties, as well.

0:13:17 > 0:13:22I really like it. And I really like the kitchen and dining room.

0:13:25 > 0:13:30After only two viewings, they give up, to focus on flatmate potential.

0:13:30 > 0:13:33We want them young, we want them blonde and skinny.

0:13:35 > 0:13:37Students looking for accommodation.

0:13:37 > 0:13:40- Art students.- Yeah.- There'll be art students around here.

0:13:40 > 0:13:45And we'll get them, um... Yeah, we'll look.

0:13:45 > 0:13:49We'll get girls to come in, like a casting, and then we decide who we take on.

0:13:54 > 0:13:58Even with a massive million pound budget, Zeno has failed to find his perfect eco-house.

0:13:58 > 0:14:02So he heads home for some of Mother's advice.

0:14:02 > 0:14:05Are you considering any of them seriously?

0:14:05 > 0:14:12I'm thinking maybe spend the money that I have, half of it on buying a house, half of it on doing it up.

0:14:12 > 0:14:19- Yeah.- I'd be giving to the environment, using money that I have in a way that's helping the world,

0:14:19 > 0:14:24instead of just thinking "Wow, I'm going to be having one cool pimping place to have".

0:14:24 > 0:14:28Isn't there a place down in Hammersmith somewhere where they're doing some eco-housing?

0:14:28 > 0:14:36But they're built around a square, and then you share the square and that's sort of made into allotments

0:14:36 > 0:14:39that's producing its own and not taking up resources.

0:14:39 > 0:14:44Get some people who are like-minded and share in the project also.

0:14:44 > 0:14:48I think that'd be, I think that would be incredibly fulfilling and enjoyable.

0:14:48 > 0:14:51So urban community, but private,

0:14:51 > 0:14:53sort of, a low impact.

0:14:53 > 0:14:56Yeah, I mean, actually make something. That'd be great.

0:14:56 > 0:14:58I'd feel like it'd be my baby.

0:14:58 > 0:14:59- I'd give birth to it.- Yeah.

0:14:59 > 0:15:04His mother's idea of communal living gives him plenty of food for thought.

0:15:06 > 0:15:12Josh doesn't need his parents' advice, but he does require furniture for the flat that they've given him.

0:15:12 > 0:15:16For once, he has to dig into his own pockets.

0:15:16 > 0:15:21The budget ideally was ten grand, but I can see that disappearing very quickly.

0:15:21 > 0:15:24One of the TVs is five grand, half the budget.

0:15:24 > 0:15:28This would be quite good and this is a hell of a lot cheaper, as well.

0:15:28 > 0:15:34Those glasses... You just look like an absolute tool. No way.

0:15:34 > 0:15:37This one is, yeah. Basically, I'm moving into a new flat

0:15:37 > 0:15:39and I need to get... I want to hook it up with sounds.

0:15:39 > 0:15:44- OK, so you want, like, a cinema home system.- Bingo. So that's 250,

0:15:44 > 0:15:47including the cables, that's nearly 500, basically about 500 quid.

0:15:47 > 0:15:51So you can hook up to your TV. Can I hook it up to my iMac?

0:15:51 > 0:15:54800 quid on just surround sound system is quite a lot.

0:15:54 > 0:15:56I'd be happy to spend 400 quid on that.

0:15:56 > 0:16:00I'll need financial advice by the end of this.

0:16:00 > 0:16:02Crazy.

0:16:05 > 0:16:10Three weeks in, and Johnny and Kieran are still searching for a flat, but today is starting slowly.

0:16:10 > 0:16:14London has many distractions and they've had a heavy night.

0:16:14 > 0:16:17We're really hungover. I'm all right. Aaahh.

0:16:17 > 0:16:18Mummy.

0:16:19 > 0:16:25- Full English breakfast...please. - Shall I get some coffee?- Yeah.

0:16:27 > 0:16:32Luckily, Johnny's parents have a maid, Flory, on tap to serve them.

0:16:32 > 0:16:35We were wondering if me and Johnny could get some coffee, please?

0:16:36 > 0:16:37Two coffees for me and Johnny.

0:16:37 > 0:16:39- OK.- Thank you.

0:16:39 > 0:16:42When they have their own flat, life will be very different.

0:16:42 > 0:16:46I think when I move out, I'll probably miss

0:16:46 > 0:16:49the cooking, definitely. The food and the cooking.

0:16:49 > 0:16:54Because, right now I've got, my parents have, at least two maids, and they always cook for us.

0:16:54 > 0:16:58- I think food will be a bit of a challenge for us. - Yeah, no, it's not.

0:17:02 > 0:17:06The boys haven't bothered to set up any more viewings, so Johnny makes an effort

0:17:06 > 0:17:10to reinvigorate the search with a walk around his neck of the woods.

0:17:10 > 0:17:15Here, it's just quite a nice, sort of, quiet and safe neighbourhood.

0:17:15 > 0:17:19If you look at this woman there, she seems like a very nice woman.

0:17:19 > 0:17:21She doesn't seem like she'd harm anyone.

0:17:21 > 0:17:23And she has a very nice car.

0:17:23 > 0:17:28The average price of property in Chelsea is a massive £2m.

0:17:28 > 0:17:30Ooh. Look at that Audi. It's so buff.

0:17:32 > 0:17:35Plush homeowners like expensive cars.

0:17:35 > 0:17:39The boys spot one worth £100,000 - the same amount as their deposit - and stop to grill the owner.

0:17:39 > 0:17:46Do you reckon we could find a flat around here, about 850 square feet,

0:17:46 > 0:17:50for £550,000? There's no such thing around here? 600, maybe?

0:17:50 > 0:17:55Minimum is about £1,000 a foot. You're probably better off going for, like, just fringy parts.

0:17:55 > 0:17:57- This is prime.- Yeah. - Definitely sub prime.

0:17:57 > 0:18:02Swanky Chelsea might be Johnny's parents' patch, but £600,000 buys nothing here.

0:18:02 > 0:18:05Kieran might just get his East End dream.

0:18:08 > 0:18:15Zeno's dream house doesn't seem to exist in London, so he and flatmate Harry are heading out of town.

0:18:15 > 0:18:19I think it would be nice to be in the fresh air, the countryside and see the country bumpkins,

0:18:19 > 0:18:25those country ladies and people cleaning out the yard, the pigsties and stuff.

0:18:25 > 0:18:31They're visiting a commune in Surrey, where the flats are a mere quarter of his million-pound budget.

0:18:33 > 0:18:36What an incredibly horrendous place.

0:18:36 > 0:18:39The development is an attempt to create a community

0:18:39 > 0:18:42that lives in harmony with itself and Mother Nature.

0:18:42 > 0:18:46- Could you see yourself living here? - It's not very much of a charming area.- No.

0:18:46 > 0:18:50- Never judge a book by its front cover.- I'm afraid I am,

0:18:50 > 0:18:52in this case. It's a bit bleak, isn't it?

0:18:52 > 0:18:55It is quite bleak. I'm not sure about this, this red brick.

0:18:55 > 0:18:58- It looks very councily, doesn't it? - Yeah, it does.

0:18:58 > 0:19:01What have they done below? It's like somebody is schizophrenic.

0:19:01 > 0:19:04Jenny will guide Zeno around this sustainable suburb.

0:19:04 > 0:19:06I think that it's very nice on top.

0:19:06 > 0:19:11I'm not too sure about the bottom part. It looks slightly councily.

0:19:11 > 0:19:14- Some things appeal to some people and not to others.- Mmm, yes.

0:19:14 > 0:19:17You sound like you've got tap shoes on.

0:19:18 > 0:19:20Dance with you, baby.

0:19:22 > 0:19:27I feel that inside, the inside's just cheaply done.

0:19:27 > 0:19:31It's just... plywood.

0:19:31 > 0:19:37The interior might not be to his taste, but outside is much more appetising.

0:19:37 > 0:19:41- Oh, my God. You can grow your own carrots and beetroot.- Yep.- May I?

0:19:41 > 0:19:43- Are you going to pull a carrot out? - Yeah.

0:19:43 > 0:19:45OK.

0:19:48 > 0:19:49Um...

0:19:51 > 0:19:54I like the delightful aftertaste of dirt.

0:19:54 > 0:19:57- Delicious.- Is it delicious?

0:19:57 > 0:20:00Yes. It is.

0:20:00 > 0:20:01The idea is absolutely beautiful.

0:20:01 > 0:20:06'I like it. It's incredibly communal and the philosophy'

0:20:06 > 0:20:11that is infused within it is very inspirational.

0:20:11 > 0:20:18I think, if I could buy a large warehouse and do it up somewhere in Central London, make it a bit

0:20:18 > 0:20:24more luxurious, so it's not as cheap looking inside, that would be fantastic.

0:20:24 > 0:20:30The reality is, communal living doesn't involve five-star luxury.

0:20:32 > 0:20:36Johnny and Kieran have viewed two properties in East London.

0:20:36 > 0:20:39Today, they're viewing their first in West London's Bayswater.

0:20:39 > 0:20:43This time they're early, but the agent isn't.

0:20:46 > 0:20:48Does he want us to buy the house, yes or no?

0:20:48 > 0:20:50Does he want his commission, yes or no?

0:20:50 > 0:20:54- Johnny, do you want to go to the pub?- Yeah, I think we should.

0:20:54 > 0:20:59At £725,000, this two-bedroom flat is over budget

0:20:59 > 0:21:03and almost the combined price of both places they've seen so far.

0:21:03 > 0:21:06- Hello, there. - Oh, hi, how are you?- I'm Martin.

0:21:06 > 0:21:08- Nice to meet you. I'm Johnny. - Hello.- Kieran.

0:21:08 > 0:21:10So, in we go.

0:21:11 > 0:21:14This one's been nicely refurbished.

0:21:14 > 0:21:17You've got walnut floors, good double glazing here.

0:21:17 > 0:21:20Quite like the doors.

0:21:20 > 0:21:24The good thing about sliding doors is they don't take up so much space.

0:21:24 > 0:21:29If you've got ones that swing and arc, then you can't put any furniture in the way.

0:21:29 > 0:21:32Good. Shall we have a look at the reception space?

0:21:32 > 0:21:36Yep. Best move on from the room where conventional doors don't fit.

0:21:36 > 0:21:40So, here we come to the reception. Lovely ceiling height.

0:21:40 > 0:21:44- Sorry, how much is this? - That's £725,000.

0:21:44 > 0:21:47Comes with a share of the freehold. Long lease.

0:21:47 > 0:21:50I quite like the kitchen. I always look at kitchens.

0:21:50 > 0:21:55It's kind of still part of your entertaining space, but you can make it separate, by just...

0:21:56 > 0:22:00- ..closing the doors. - I don't like it separate. I might have to rip that door off.- Really?

0:22:00 > 0:22:02The viewing is a disappointment.

0:22:02 > 0:22:05(This place is too weird. The layout is like a miniature pad.)

0:22:05 > 0:22:09But rather than knuckle down and continue searching for their dream flat,

0:22:09 > 0:22:12Johnny heads off for more modelling work, while Kieran hits the pub.

0:22:12 > 0:22:15Me and Johnny both didn't like it.

0:22:15 > 0:22:18It was just a bit too strange, the layout and everything.

0:22:18 > 0:22:21Um, and we prefer the Arnold Circus place.

0:22:21 > 0:22:25We'll probably go back and look at Arnold Circus and talk to our parents about it,

0:22:25 > 0:22:29but I've got other things to do, like the band and travelling.

0:22:29 > 0:22:31I have to sort out all that stuff.

0:22:31 > 0:22:34So, house hunting, like,

0:22:34 > 0:22:36comes somewhere in between all those things.

0:22:37 > 0:22:43While the boys' social life is stalling their progress, Josh's domestic life is affecting his.

0:22:43 > 0:22:47Well, basically, we've got a major hiccup that's happened.

0:22:47 > 0:22:48My parents don't want us moving in.

0:22:48 > 0:22:53They've just done a 180 on us and don't want us to go ahead with it,

0:22:53 > 0:22:57which has left us in a bit of... which has left us in limbo.

0:22:57 > 0:23:01Last night, his parents pulled the plug on the boys' party pad.

0:23:01 > 0:23:08I didn't want my fabulously, expensively, restored property to be trashed by these two.

0:23:09 > 0:23:14- That's the bottom line.- We typed up a whole proposal, you know.

0:23:14 > 0:23:16A lot of effort went into the whole thing.

0:23:16 > 0:23:19Harry brought out this piece of paper. I just fell about laughing.

0:23:19 > 0:23:22I mean, it's just difficult to keep a straight face.

0:23:22 > 0:23:25The realisation of me actually suddenly, you know, growing up,

0:23:25 > 0:23:30I mean for them, especially being an only child, I think they just found it hard to accept.

0:23:30 > 0:23:35That's total rubbish, because I said to him if he wants to leave home,

0:23:35 > 0:23:39the idea of, you know...he doesn't do anything around the house.

0:23:39 > 0:23:41He doesn't give any kind of... I wouldn't miss it.

0:23:41 > 0:23:47My sort of paternal instincts are, as long as he was within a short reach, then fine.

0:23:47 > 0:23:49But under the same roof. Forget it.

0:23:49 > 0:23:51His bloody music tastes are atrocious.

0:23:51 > 0:23:57Without Daddy's money or flat, Josh needs to decide whether he can afford to rent privately.

0:23:57 > 0:24:00Gutted. Absolutely gutted about the situation.

0:24:00 > 0:24:04It's a shame, but as we said last night after the meeting, you know,

0:24:04 > 0:24:08it might, in a kind of a strange way, it might be a good thing.

0:24:08 > 0:24:10Yeah. It could be a blessing in disguise.

0:24:12 > 0:24:15CLASSICAL MUSIC PIANO RECORDING PLAYS

0:24:15 > 0:24:18Zeno's house hunting is also reaching breaking point.

0:24:18 > 0:24:24He's flipped from wanting luxury eco to communal living, but still hasn't found satisfaction.

0:24:26 > 0:24:32So mate Harry organises for friends to come over to help take Zeno's mind off the search.

0:24:32 > 0:24:34DANCE MUSIC PLAYS

0:24:34 > 0:24:36But it doesn't work.

0:24:36 > 0:24:38I'm thinking of buying a big warehouse and doing it up

0:24:38 > 0:24:41- and having people to be able to live in it.- A Buddhist commune.

0:24:41 > 0:24:46- Squatters.- Yeah, squatters, exactly. - Maybe you guys could join me.

0:24:52 > 0:24:58The following morning, Zeno clears his mind and has an epiphany about his future.

0:24:58 > 0:25:01'There's lots of distractions in London.

0:25:01 > 0:25:04'Parties...beautiful women.'

0:25:04 > 0:25:06One hardly has time to listen to oneself.

0:25:06 > 0:25:12There's a place in France, led by a Vietnamese Buddhist monk.

0:25:12 > 0:25:16I'm going over there and shall be meditating for a few months.

0:25:16 > 0:25:19The property search will be on hold.

0:25:19 > 0:25:23My sense of mind when I come back will definitely affect where I buy

0:25:23 > 0:25:27my house, where I shall be and how I shall live.

0:25:27 > 0:25:30Zeno's environmental flat hunt is put on hold,

0:25:30 > 0:25:35but at least he can offset his carbon emissions on the flight to France.

0:25:39 > 0:25:43Johnny and Kieran are going nowhere - and neither is their house hunting.

0:25:43 > 0:25:45When are we going to get this house?

0:25:45 > 0:25:50We were talking about just staying in uni, like, in halls, for the first year.

0:25:50 > 0:25:54Despite their parents' generous £100,000 deposit,

0:25:54 > 0:25:58their busy lifestyles mean neither is in the frame of mind to buy just yet.

0:25:58 > 0:26:04- The house buying has been on the back burner. I know you've had a lot of modelling as well.- Yeah.

0:26:04 > 0:26:10It's been quiet over Christmas. Now I'm doing a lot. Going to Milan on Monday. So, yeah, quite busy.

0:26:10 > 0:26:15Then I'm going to St Anton in, like, two weeks. The band stuff's got pretty serious recently.

0:26:15 > 0:26:18When I get back from South America, we'll start recording.

0:26:18 > 0:26:21It all points in one direction.

0:26:21 > 0:26:25- I think we should just forget the idea for this year.- It's over.

0:26:26 > 0:26:29It's over. It's been nice knowing you.

0:26:32 > 0:26:38Josh's plans to fly the nest have been scuppered by Mum and Dad, so he's done what every good son does.

0:26:38 > 0:26:39He's moved back home.

0:26:39 > 0:26:44For the time being, this is a pretty damned good option. I'm psychologically moving back in.

0:26:44 > 0:26:48Um, well, not moving back in. I'm psychologically moving, and so this is like,

0:26:48 > 0:26:53it's almost kind of coming to a new place, cos I'm seeing it in a new light, if you know what I mean.

0:26:53 > 0:26:57Um, now, on that basis, on that fact, I've actually

0:26:57 > 0:27:01got a bottle of champagne, which I'm now going to open, to celebrate me moving back in.

0:27:01 > 0:27:05Cheers. To the joys of moving...moving house.

0:27:09 > 0:27:11God, that is absolutely awful!

0:27:11 > 0:27:14Happy housewarming, Josh. Brilliant.

0:27:14 > 0:27:19Just goes to show - money can't buy you happiness.

0:27:19 > 0:27:22And it can't always buy you a house.

0:27:23 > 0:27:26Next time, we meet 19-year-old student Guy,

0:27:26 > 0:27:28who's got 400 grand cash to splash,

0:27:28 > 0:27:31but can't bear conventional living.

0:27:31 > 0:27:35- I just want to paint the walls black.- You can't have your living room in black.- I can.

0:27:35 > 0:27:4218-year-old Amelia has a massive 600 grand cash budget for her very first home.

0:27:42 > 0:27:47Ideally, we'll buy it tomorrow. When you go to school, we have a house. I go to Thailand, we have a house.

0:27:47 > 0:27:49Go skiing, have a house. It would be great.

0:27:49 > 0:27:52- And 25-year-old WAG Jess...- Massive!

0:27:52 > 0:27:56..goes shopping for a second home with £2m spending money.

0:27:56 > 0:27:59I want stables for the horses, a pen for the horses,

0:27:59 > 0:28:02and they're like, "Where's your horses?"

0:28:22 > 0:28:25Subtitles by Red Bee Media Ltd

0:28:25 > 0:28:29E-mail subtitling@bbc.co.uk