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First time buyer

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hey there i'm looking for some advice. Me and my husband are currently renting and our landlord has to sell our house and so were are considering buying it. However we cannot afford to save a deposit due to the fact that my husband is the only one working in the house as I am disabled. Though making the repayments is not a problem saving up such a large amount of money is impossible on our budget. Is there any hope for us to get a mortgage it would be amazing for our money to be going into something we actually own

Comments

  • Double_V
    Double_V Posts: 912 Forumite
    I am in similar position.
    We both are working. But don't have any deposit.
    So would love to see some answers.

    And good luck to you as well. :)
  • martinsurrey
    martinsurrey Posts: 3,368 Forumite
    There is only one real long term answer for both (assuming upping income isnt an option).

    Suck up the pain, cut all none essencial spending, and save save save.

    (BTW when I say essential, I mean, essential, Sky TV is not on that list, either is netflix, or an iPhone or a new anything that you cant get second hand or ebay).

    At a more extreme end, move to a rougher area in a smaller place and save the difference for a year or so.
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