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advice required

Have opportunity to buy 'showhome' on housing estate near motorway links and train roots etc for less than market value if very quick. Will then want to rent it out as can use buy to let loop hole as in armed forces but not sure wether it is a good time to buy now or not. In a way don't need to buy for 3 more years but wonder if should be in the property game? Hve some savings to put down on the property and will be able to keep up the mortgage payments. If rent it the rent will not pay the whole mortgage each month but should we buy any way or wait? Will mortgage payments ever get cheaper again? Will house prices continue to go up or stagnate?
Should I just put my savings somewhere good and continue to save instead of paying a mortgage? Help!!!!
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