Impossible House Buying

bergerac

Whereabouts in Surrey are you looking? I know the area pretty well and have seen a fair few houses for around £250k in nice areas.

GAH

Buying someone is all about compromise. You either try and buy a smaller property in your desired location and buy the type of property you want in an area you may not have considered before.

You will need to find more money or increase your earnings to live in Surrey, because prices won't drop by £100,000

poppysarah

Convince your family that they should move somewhere cheaper.

jc808

pimento wrote: »

I'd love to live in Mayfair but I can't afford it.

Agreed mate, its bang out of order. I want a detatched house in Pimlico and only have £150,000 max with 2% deposit HOW DO I GET A HOUSE

ognum

I am sorry you cant afford what you want but nor can many (most) people.
My advice would be write a list of the things that are most important to you and try to find some of them,you will know when you find what you are happy with.
I was once determined I had to have a house with a garage, close to the centre of the city I live in, in a select area of about 6 roads.
I ended up with a house with a drive that I can park two cars on/ no garage but the house has a basement that we store the garage type stuff in.
If I had been determined to not look at something without a garage I would probably still be looking now and I love my house!

GDB2222

bristol_pilot wrote: »

Buy a house suitable for first time buyers, not the 'average house'.

But don't buy one of those starter home shoe boxes. People outgrow those quickly (as soon as they start a family) and then find that they are very hard to sell in the current market. Not so much getting onto the housing ladder as the housing snake.

ukcarper

I was in the same situations many years ago and I moved 30mins outside the m25 mind you it didn’t exist then. I’m still in Surrey and you can buy a nice detached house here for the price of a small 2 bed terrace where I moved from. I would never move back.

sonastin

Make sure the sort of house you want at the price you want actually exists.

I wanted a house with a garage and flat drive in a particular village which is built on the side of a hill. Needless to say, 99% of the housing stock in that village have sloped drives and of the other 1%, only about half of them had garages. My choices were 1) wait for one of that 0.5% to come up for sale and hope that the vendor would accept an offer of the price I can afford. or 2) change my parameters. Turns out the drive + garage are more important to me than the particular village so now I've got a lovely house 2 villages over with 2 flat drives and a garage that is about to be knocked down and rebuilt!

jjlandlord

FireWyrm wrote: »

It's a buyers market so use that position.

That's a blanket statement which is inaccurate: Depending of the area and price range you can very much be in a sellers market.

I'm thinking that Surrey within the M25 at £350k could fall into that range.
I'm in neighbouring Berkshire and in some areas, good houses in that range are gone in a week at asking price or above...


OP has a max. budget of £250k so my advice would be to obviously look in that range...