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Buying a House with Health Condition
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Hope you're feeling better now. Yes good point. I would like to progress my career within my current organisation and believe I could be earning hopefully 60% more than I do now in 10 years time. Not due any inheritence anytime soon (hopefully not anyway!).
My partner works in software testing so this is actually quite a good job to be able to potentially work from home anyway if he did have health problems arise. I think that was his thinking when he went into that line of work.
We are luck enough to have parents who probably would be able to help us out if we really did get in a difficult financial situation as well. But would love to be in a position where we felt "financially secure" to support ourselves over the foreseeable future - without having that worry.
Perhaps riding out the housing boom and waiting for a possible bust might be another option?! If there ever is one....
My husband works in IT - building networks and does a lot of Beta testing for big games, unlike some he gets paid to do it, he's such a geek but its really handy at times! He spends a lot of time working from home too which can be good or bad depending on my mood :rotfl:
This is just my personal opinion but I think waiting the boom out may be unwise, the sooner you get on the property ladder and reducing your mortgage the better. It will be a much harder decision to make once your husbands condition begins to get worse.
If you are confident you can increase your wages where you are over time then you should go for it! sounds like you've got a good future contingency plan
I am a Mortgage Adviser
You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
One of the problems for many in the beds/bucks area is just how fast prices are rising, 10% plus in most areas for the last couple of years pushes affordability even further away regarless of pay rises.0
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MortgageMamma wrote: »This is just my personal opinion but I think waiting the boom out may be unwise, the sooner you get on the property ladder and reducing your mortgage the better.
Yes good point. I think we need to do it.
Thank you for your help x 0
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