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Pay off debt or add to deposit

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  • If you are a teacher you will know that there are many changes being brought in by Michael Gove. No one has a safe job in teaching anymore.

    And I would agree with previous posters that your ideas about affordability are different to others. I have a larger deposit than you, on half your income, but my car is worth £500. I decided that a new car was neither necessary nor justifiable (even though "affordable").

    28/08/2010 Started saving for a house deposit
    25/04/2014 Completed with a £67k deposit
    10/05/2014 1st Overpayment made
    10/07/2016 Remortgage complete
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