Will we ever get on the property ladder???????

sugarpants_2

Also my 7 year old loves his school and Ive asked him how hed feel moving schools and to put it lightly he said he wasnt coming with us..LOL He wants to stay in his school and live...Aww

sugarpants wrote: »

I know theres life up North. Im thinking of moving to Northampton way as a 3 bed house is only 100k.
But DH works near HEathrow so we are hoping somehow he could work from home 5 days so we could live ANYWHERE in the UK!:D

misscutiepie1984

I come from Reading berkshire and I am hoping to buy a house and you quite often find 2/3 bedroom houses in need of a bit of tlc for 130k

VIGILANT22

Sugarpants...I have posted today and several people have done the same in past posts to you that you could borrow no more than 80-90k on your income...16yrs ago I bought a studio apartment in Reading (Tilehurst) and I paid 52k then....You are being totally unrealistic to think any lender will lend you anymore than we have all been quoting

sugarpants_2

895 is cheap for a 3 bed house where I live.Nice area, good schools, (London suburbs)motorways very near.. Most 3 beds are £950-995pcm

Fire_Fox

sugarpants wrote: »

I know theres life up North. Im thinking of moving to Northampton way as a 3 bed house is only 100k.
But DH works near HEathrow so we are hoping somehow he could work from home 5 days so we could live ANYWHERE in the UK!:D

Also my 7 year old loves his school and Ive asked him how hed feel moving schools and to put it lightly he said he wasnt coming with us..LOL He wants to stay in his school and live...Aww

Is there any reason DH can't get another job in another part of the country? If you have a joint income of £28K that would comfortably buy you a three bedroom house in many northern cities. Your son is seven, he doesn't understand the finer details of mortgages and personal finance and will have forgotten inside a year. :rolleyes:

It can be the making of children to move and forge new friendships, valuable experience for going away to university. Read the thread about the lovely young lady who is frightened of leaving London despite the fact that her and her partner are both unemployed and her parents already moved to Wales.

sugarpants_2

Hi MCP
Were in Reading too LOL Do you rent too? Damn expensive place to live..Thats why I havent a feeling were gonna have to move elsewhere. Reading is too pricey. Where in REading can you buy for £140?

misscutiepie1984 wrote: »

I come from Reading berkshire and I am hoping to buy a house and you quite often find 2/3 bedroom houses in need of a bit of tlc for 130k

VIGILANT22

misscutiepie1984 wrote: »

I come from Reading berkshire and I am hoping to buy a house and you quite often find 2/3 bedroom houses in need of a bit of tlc for 130k

Yeah and if need of "tlc" at that price, they probably aren't mortgageable...ie no lender would lend until you did the work, which means you do a cash purchase of 130k....
I have just looked on Parkers website and the cheapiest 3 bed is 170k if you're prepared to live in whitley!

sugarpants_2

so....is it worht us to keep carrying on saving for the rest of 2010? We should have 10k by December??

lincroft1710

A joint salary of £28K with DH working 45 hr week suggests that he is not in a well paid job. There is no way you can currently afford to buy anything remotely approaching your needs in SE Eng. Is it possible for him to look for a better paid job, perhaps in a cheaper area.

sugarpants_2

I know hes badly paid Works in IT too. but for family business which is struggling.
He may have to look elsewhere soon.

lincroft1710 wrote: »

A joint salary of £28K with DH working 45 hr week suggests that he is not in a well paid job. There is no way you can currently afford to buy anything remotely approaching your needs in SE Eng. Is it possible for him to look for a better paid job, perhaps in a cheaper area.