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Saving for a mortgage .

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  • Sparx8 wrote: »
    Hi I need all your expert opinions as my dad thinks he knows everything .

    But about me , I'm 23 years old , a self employed electrician . I have saved £20,000 for a mortgage. We saved this in 2 years as we are lucky enough to still live at home( me and my gf ) I earned last year £25,000 give or take . Girlfriend earns 15k . I've always got work all year around for the last 5 years ,so not really worried About having ni work .

    Anyway me and my girlfriend want to buy a house ( only a 2 bedroom house ) nothing to fancy and will look for something as cheap as possible just so we can get on the market .

    Here's the problem, my dad thinks I should save up £100,000 and just stay at home because he keeps telling me house prices are gunna go down , but he's got no proof just thinks he's right .
    So guys what would you do ? Any help thank you

    The only expert in this situation is yourself. I think deep down you'd know when the right time to move away from the parents place.
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