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advice needed please

I hope some of you on here can help us with our dilema.

We are foster carers and work for a private agency (and have done for many years). We have been renting large houses for the entirity of the time we have fostered.
We are now wondering whether we should continue renting for the remainder of our fostering carear and buy a house when we retire(hopefully with a huge deposit we would have saved by then) or, because of the forthcoming upturn in the housing market, buy a house now?

I hope this question makes sense, we are litterally at a loss as to what the sensible thing to do is. Thanks.

Comments

  • poppysarah
    poppysarah Posts: 11,522 Forumite
    who's told you there's a forthcoming upturn?
  • Prices here in Scotland haven't really moved at all, haven't seen much of the housing price drop that was forcast. I don't expect that house prices are going to dramatically rise again in the near future but they should recover during the time I am asking about, which is 20 years.

    It seems that you read everywhere about house prices continuing to fall or house prices are on the rise...don't know which to believe??
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