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Looking for some advice

I am currently in a position, where having sold my house this weekend, and been in my job three months, I can look round to buy a house.

I am married and have two children (2 1/2yo) twins, and for the last three years have been living in a one bedroom house / staying with parents.

We desperatly want to get on with our lives and buy a house to settle down, however with talk of a double dip and everything, should we look for a house now, or put up with it for a few months / years? We can probably just about afford a decent size family house.

Any thoughts would be gratefully received,

Comments

  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Which area?
  • Essex area
  • Eric1
    Eric1 Posts: 490 Forumite
    look at two similar houses you like, one for sale, one for rent.
    how much your monthly mortgage payments will be?
    how much to rent?
  • 00ec25
    00ec25 Posts: 9,123 Forumite
    1,000 Posts Combo Breaker
    you have 2 options:

    1. crystal ball gaze and either smugly say told you so at sometime in the future or drat got that wrong then

    or

    2. do as you say and get on with your life now, which may involve some risk to you over a) job, b) house prices c) relationship, d) life and death or anynumber of other imponderables

    :D
  • churchrat
    churchrat Posts: 1,015 Forumite
    Nobody knows. Just live your life and enjoy your family.
    LBM-2003ish
    Owed £61k and £60ish mortgage
    2010 owe £00.00 and £20K mortgage:D
    2011 £9000 mortgage
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