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    • turtleneck
    • By turtleneck 7th Oct 17, 9:06 PM
    • 94Posts
    • 14Thanks
    turtleneck
    Still living at home
    • #1
    • 7th Oct 17, 9:06 PM
    Still living at home 7th Oct 17 at 9:06 PM
    I have moved out a couple of times (shared/lodged) but find myself in the family home aged 36. I pay no rent as they wont take any because i loaned /gifted them a large amount 10 years ago. I now have 110k in the bank plus 73k loaned to a couple of friends. I have over 4k coming in each month (salary and loans coming back) and not a lot going out (maybe 500 a month).
    A decent flat to live in costs 200-250k round here. Should i stay and keep saving and look to buy outright or is it urgent i find my own place sooner?
Page 1
    • csgohan4
    • By csgohan4 7th Oct 17, 9:25 PM
    • 3,870 Posts
    • 2,407 Thanks
    csgohan4
    • #2
    • 7th Oct 17, 9:25 PM
    • #2
    • 7th Oct 17, 9:25 PM
    depends on your priorities and personal preference. Do your future partners mind your still living at home for example?


    no shame in saving money or buying a house with a mortgage
    "It is prudent when shopping for something important, not to limit yourself to Pound land"
    • moneyistooshorttomention
    • By moneyistooshorttomention 7th Oct 17, 10:00 PM
    • 13,648 Posts
    • 37,113 Thanks
    moneyistooshorttomention
    • #3
    • 7th Oct 17, 10:00 PM
    • #3
    • 7th Oct 17, 10:00 PM
    £183k is enough to buy a place of your own mortgage free in many parts of the country - even if its only a starter house.

    I admit to wondering just why you are still living with parents.

    Then - when one adds in:

    1. That's not going to go down well with prospective partners - whichever sex you are.

    2. If you stick around much longer you could find yourself becoming a de facto carer without having made a conscious decision to be one - ie if one/both of your parents become seriously ill at some point. Not a good position to "accidentally fall" into that and it's much more likely if you are still living there.

    If you're a woman - then put reason 2. with bells on/capital letters/etc - even though its the 21st century. Many people dont seem to be aware of the date on the calendar/that they arent supposed to treat women worse than men. That's the theory - but (as a woman) I'm starting to get the feeling I'm probably getting more "meaningful would-be pressurising comments" than the other adult child my elderly parents have is (who happens to be a man).

    Men do end up falling into being carers too - but I have the feeling that it's a lot more frequent for that to happen to women (despite it being the 21st century now).
    #MeToo
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