Fabulous New Fashion chat - Dressed up or Down - Everyone Welcome!!

lostinrates

tea, what ar your longer term plans.

Do you plan to stay renting all your life, a perfectly fine choice, or would you like to buy somewhere one day?

If you want to buy I'd forgo an awful lot on your list for a less fancy place that lets your save a little extra each month. We've been renting and hovering in various places for YEARS, but by taking better options, sometimes less nice housing, sometimes cheap for other odd reasons...we've managed to save a deposit that is letting us buy this house we couldn't have dreamed of if we'd spent the last few years renting in swish places.

xxvickixx

Just made Dylan a little apron from some spare curtain fabric, I built him a kitchen in his playhouse last year so this is for out there. I'm planning on making him some matching oven gloves and tea towels so he can play dress up!



Isn't is cute?

lostinrates

vicki thats amazingly professional looking. My aprons aren't as smart as that!

daisybella

Vicki
that is amazing.

teabythesea

I don't know, maybe if Oliver gets a bigger wage we will buy but not for now as I'm a student. We're only in London for another two years. Then back to Norfolk where things are much cheaper :j

xxvickixx

Thanks girls. I was dead chuffed myself!

lostinrates

teabythesea wrote: »

I don't know, maybe if Oliver gets a bigger wage we will buy but not for now as I'm a student. We're only in London for another two years. Then back to Norfolk where things are much cheaper :j

No, I'm not suggesting the choice of buy /rent is now, I'm suggesting the ability to save to have that choice later is now.

If you are only in London area for two more years TBH I'd go for a cheaper flat and put the difference in rents in a two year fixed saving of some sort.:o

teabythesea

There is nothing cheaper in London at all. It's the capital, we are average prices before going dingy and disgusting. Without being stuck up, i'm happy with how we are really for the time being . Thanks for the suggestions though! :j

xxvickixx

I totally agree with Lost, however saying that living even here it's £540 for a bedsit maybe £575 - £600 for a 1 bed flat and £650 ish for a 2 bed flat. Over a 2 year period, the saving is going to be maybe £1000 between living in a nasty place to a nice place. If there are big savings to be made then it would be worthwhile.
I would really try to save as much as humanly possible for a deposit on a house. The number of times we've been house hunting and the house of our dreams is *just* out of grasp because of being a few thousand short on the deposit, or it would take us into a lower ltv threshold and mean paying a higher rate mortgage.

ETA. That's the sort of prices where I am which is 1/2 hour commute to London so I'd imaging London prices to be more expensive logically, however I'm in a town where there's not really good and bad areas so the prices are pretty much based on the property (unless you take into account schools and factors more relevent to families) but generally with regards to flat rentals there's not much variation.

lostinrates

teabythesea wrote: »

There is nothing cheaper in London at all. It's the capital, we are average prices before going dingy and disgusting. Without being stuck up, i'm happy with how we are really for the time being . Thanks for the suggestions though! :j

so long as you have thought it through and are making the right decision for you

I know London very well...I was lucky enough to live very cheaply in NW3 with DH, and as a kid we always had a base in West London somewhere, then I worked in London a lot. so had to have a bed there, so I've lived for short stints in various SW and /W postcodes. Its only recently I've been able to be a full time country girl!

My dad is retiring and for the first time in his life will not have a base in London and its a huge life change for him. where ever we were in the world my dad has always been a bit of a ''Londoner''.