We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Advice needed about all my options!

2»

Comments

  • mlz1413
    mlz1413 Posts: 3,078 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    When i was in my mid 20's I ended up living back at my mum's for a few months due to circumstances, she lived a good hour away from my job so it was a real bind. But I ended up staying with friends for 2 of the nights so I didn't have to travel every day. That worked well as it cut my petrol costs and i got time with my friends.

    Re working in cambridge if you work in the centre check out the park & ride facilities and costs, also register with lifeshare as you might be able to share at least part of the journey then.

    Good luck with the lodgings.
  • If you got a transfer to your London office would that mean a big rise in salary? If so, you could stay in your current house and commute to London. It would take less than an hour. You could save up a bit and then maybe reconsider your situation when your BF graduates. When I was younger I really enjoyed working in London (bit fed up of it now!). I have always preferred to live outside London and commute.
  • I really like that idea! I think I'd be best off to contact someone in our HR department to find out the figures, but I think doing my same job in London will probably get me about £3k more. Which, when you work out how much a season ticket is for the year. is not going to put me in too much of a better situation. I will contact HR though, just to clarify. You never know, they might say there's a position opening up soon that is better than my current job and therefore a bigger pay rise! Thanks for the advice :)
  • cclarke12
    cclarke12 Posts: 231 Forumite
    If you got a transfer to your London office would that mean a big rise in salary? If so, you could stay in your current house and commute to London. It would take less than an hour. You could save up a bit and then maybe reconsider your situation when your BF graduates. When I was younger I really enjoyed working in London (bit fed up of it now!). I have always preferred to live outside London and commute.

    Cambridge to London season ticket is over £4500 per year :eek:
  • Bethankim
    Bethankim Posts: 1,030 Forumite
    Hiya,

    one option you have is to see if you can have the tenancy passed to you - councils allow a tenancy to be passed on once. ask for writen permission to have a friend move in and dont put them on the tennancy again its allowable as long as your get written permission.

    then once all thats sorted you could look at a mutual exchange with someone in london or where ever you fancy as you live in a desirable area of the country and as long as you dont have any arrears perfectly ok to do it, that way you keep a secire tennancy and can relocate avoiding paying a massive rent hike to private.

    as a council tennant with a secure tennanc and the right to buy if i ever wanted it im not sure id be so quick to give it up.

    just an idea but you have lots f options just thought id throw that one in too
    BR 2nd April 2009
    Feel the fear and do it anyway!




  • That's good to know that it can be passed on once and to my knowledge it hasn't already. I will call them later and let you know what they say. It seems like the cheapest option if I can get someone to move in with me as my bro is going to be renting a 2 bed flat for £600 a month. Then obviously they'll have the bills on top of that...eek! I think the rent for the house is only about £425 or something so it's such a big difference!

    Thank you :) Jo
  • Fire_Fox
    Fire_Fox Posts: 26,026 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I know Royston and I have lived in numerous shared houses in Cambridge. You won't find a decent room in Cambridge for under £250 a month plus bills, and it will be more like £300. Stay in the Royston house if at all possible, and considering exercising your 'Right to Buy' in a few years.
    Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️
  • cclarke12 wrote: »
    Cambridge to London season ticket is over £4500 per year :eek:

    OP lives in Royston, so about £3500, but still admittedly quite hefty. Although worth it if the salary increase is good. I'd be surprised if the increase was only £3k.
  • Jowo_2
    Jowo_2 Posts: 8,308 Forumite
    I like Bethamkin's suggestion that you enjoy the security of tenure of the social housing tenancy which doesn't necessarily tie you down permanently to that property because of the mutual exchange programme or right to buy.

    There are millions of people on the social housing waiting lists who are dying to move out of the private sector to enjoy low rent and security of tenure.

    I don't think you should throw this away for the 'bright lights' of London because once the fun of the city wears off, you could be stuck in extremely poor but extremely expensive accommodation that swallows a significant amount of your income for the rest of your life, exposed to private landlords instead of not-for-profit professional property management.

    Jobs and boyfriends come and go but having a cheap property for life is a comfort!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.