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How dire is the situation really for first time buyers?
Comments
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I know what you mean about sleepless nights, & they just make things worse as you're unable to think straight when you're tired & irratated. I feel alot more relieved now I've come on here, I'm only in my early twenties & don't have any parents to give me sound advice so it's good to hear people confirming what I've been thinking is the right thing to do.
The way I see it I've got nothing to lose by waiting for a bit but the potential to lose a fair bit if I jump straight in now.
The only think that i think would tempt me to buy right now would be if a nice house came up at 25 - 30% lower price than similar ones had gone for recently. However in this case the vendor wouldn't even drop down to £148,000 (9%) according to the estate agent.
Thanks again.
Gaz0
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