We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Try and get council housing would be the best advice. Then when you can return to full time work you may be able to purchase the property at a knock down price, hopefully when house prices are at their bottom (hard to call).
I know Council housing is hard to come by but surely you would be somewhere near the top of the pile. Whilst aspiring to homeownership is comendable and I would say eventually achievable you must be realistic about your position. In the long run I think you can get further ahead with the council housing windfall, excuse me, right to buy, than buying privately and it's associated liabilities in a turbulent market.
Sorry if this was answered earlier but how does 11500 income cover an 800 pcm rent?
