A place to discuss or ask for advice about renting or buying your home.
Useful links: Shelter - The Housing Charity
I finally at the age of 38 managed to buy a home with my wife last year. It's a small 2-bed terraced on the outskirts of London.
We got very, very lucky. We managed to get a mortgage at 3.1%. At the time, it seemed like the worst financial decision ever. I'd never heard of someone paying such a high rate.
But 100%, if we had waited, we'd never have the affordability to buy this year.
Bought my flat a bit over a year ago. It was a tough time at the the tail end of lockdown, with people fighting each other in the street over properties, and I'd been homeless for a year after rejecting three previous accepted offers - it took its toll on me. Came down to the seller recognising me from my local and asking about to see if I was a decent guy (amazingly I passed that test).
Bought a 3 bedroom semi in 1999 when I was 23!, Mortgage would be paid off before the fixed rate ends (1.69%), However we are looking to move sometime in the next year.
As I look at the market now I can't imagine how a person of 23 could possibly afford the same.
Live with the GF of 10 years.
House is located near Sheffield.
Renting a house in central Hampshire.
By myself.
Not at this moment of time. It's not due to medical costs.