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Question for MA's, sorry if its a stupid one.

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  • Thrugelmir
    Thrugelmir Posts: 89,546
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
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    If you are in a secure tenancy. Then I would suggest continuing to save and increase the size of your deposit.

    As rent does not equate to a mortgage repayment. Owning a house as opposed to renting will incur you with far more expenditure.

    If you borrowed say 3 times your gross salary as a mortgage on a repayment basis. That would be a rough guide, without overextending your finances.
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