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Comments

  • rictus123
    rictus123 Posts: 2,560 Forumite
    1,000 Posts Combo Breaker Name Dropper
    19 and a mortgage free wannabe! Looking to buy withn next 2 years....never know whats around the corner though, might be another 5 still at home then move out totally mortgage free..who knows.
    Work in progress...Update coming July 2012.
  • 19. Paid £18500. 1.5 times salary. Still worried about it though.
    Then the interest rates went up, and up and up. Reached about 15%?

    That hurt.
  • Moomum
    Moomum Posts: 958 Forumite
    I'm 29 and OH is 27, we completed on our first property three weeks ago. Is a Victorian detached, £733,000
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Nice thread to get the quieter ones talking :)

    I moved in with H when he bought a one bed flat. I was 21 in 1999 and it cost just over £50k. Two bed flat in South London.

    I was 23 when I got my name on the deeds of the next place but that tinyshoeboxflat will always be our first home together.
    Everything that is supposed to be in heaven is already here on earth.
  • WelshNic
    WelshNic Posts: 303 Forumite
    1996 2 bed new build terrace for us, I was 26, he was 25. We only bought because our landlord at the time gave us notice on the flat. That was October, we were moved in by middle of December :D

    Happy times!

    We stayed there until 2003 and are now about to put our current place up for sale and move on to house number 3 :j
  • bristol_pilot
    bristol_pilot Posts: 2,235 Forumite
    edited 14 April 2011 at 11:47PM
    I was 25, but it was a long time ago. 2.6 times salary and I bought as a single person with deposit saved from salary.

    Quite a few of my younger colleagues seem to be buying in their 20s at the moment. It seems you need 2x professional-level salaries AND bank of mum&dad for the deposit.
  • Alibat
    Alibat Posts: 92 Forumite
    Part of the Furniture
    I was 19 and DH 27 when we bought a three bed semi for £19,350 in 1982.

    We still live there now and can't ever imagine moving. The mortgage is a long distant memory, but not the worry about paying it when rates hit 15%. My mother had many sleepless nights worrying about us taking on an £18k mortgage and with current prices I can imagine myself doing the same if/when my own daughters buy.
  • *Louise*
    *Louise* Posts: 9,197 Forumite
    I was 20 and OH 24 when we bought our 2 bed maisonette flat for 33k in 1999.

    Sold it for 99k in 2007 and used the proceeds as a decent deposit for the house we are currently in :)
    Cross Stitch Cafe member No. 3
    2012 170-194 2013 195-207.Hello Kitty ballerina 208.AVA 209.OLIVIA 210.ELLA 211.CARLA 212.LOUISE 213.CHARLEY 214.Mother & Child 215.Stop Faffing Completed 2014 216.Stitchers Sampler. 217.Let Them Be Small 218.Keep Calm 219. Ups and downs 220. Annniversary piece 221. 2x Teachers gifts 222. Peacock 223. Tooth Fairy 224. Beth Birth pic 225. Circe the Sorceress Cards x 24
  • josievg
    josievg Posts: 90 Forumite
    First time: 20 (1986) - bought a studio flat for 18K and sold it 18 months later for 36K. [Spent the profit on travelling and buying a car.]

    Second time: 28 (1994) - bought a house and lived in it for three years. Sold it and moved to London (into rented).

    Third (and final!) time: 45 (last year) - moved out of London to buy a house so that I'll have a paid for roof over my head by the time retirement comes around. I'm keeping this one!
  • suelizab
    suelizab Posts: 241 Forumite
    Part of the Furniture 100 Posts Photogenic Combo Breaker
    age 26, 3 bedroom maisonette with garden. £28000 1982

    huge bedrooms plus 2 receptions. actually the rooms were bigger than the ones i have now in my 3 bed semi

    only moved because of the neighbours .
    old enough for my bones to feel the cold .
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