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Anyone else moving out of London

Maxwell007
Maxwell007 Posts: 312 Forumite
in House buying, renting & selling
Do I have a chance of buying a 3bed family home on a single £30k wage and £60k deposit anywhere on the South East of London/kent/M25 area


Moving out of London seems the only option . . .
«13456

Comments

  • always_sunny
    always_sunny Posts: 8,314 Forumite
    isn't there a thread like this every so often?
    On a £30k single income it'd be difficult to afford a 3bed family home even up in the sticks leave alone the SE.

    £30kx4=£120k+£60k=£180k<<<<<<<You'd be looking at properties around this price.
    EU expat working in London
  • marksoton
    marksoton Posts: 17,516 Forumite
    maxwell007 wrote: »
    do i have a chance of buying a 3bed family home on a single £30k wage and £60k deposit anywhere on the south east of london/kent/m25 area


    moving out of london seems the only option . . .

    no...........
  • missbiggles1
    missbiggles1 Posts: 17,481 Forumite
    10,000 Posts Combo Breaker
    Plenty under that price in the Medway towns.

    http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=REGION%5E61277&minBedrooms=3&numberOfPropertiesPerPage=24&radius=0.0&sortType=1&index=0&viewType=LIST&areaSizeUnit=sqft&currencyCode=GBP
  • Maxwell007
    Maxwell007 Posts: 312 Forumite
    Hmm The Deep dark Medway hmmm iv hurd Horrible story’s about living there. . . .
  • ap1985
    ap1985 Posts: 325 Forumite
    I moved out of London in May this year purely due to the fact that i can get on to the property ladder. With a 30k salary and 60k deposit it may be a struggle even in Greater London. I moved to the Midlands which is great. Would you not consider moving anywhere else?
    :jFinally going to be a homeowner:T
  • C_Mababejive
    C_Mababejive Posts: 11,668 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Stay in London and surrounds, its grim up north..
    Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..
  • cloo
    cloo Posts: 1,291 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Birmingham will have a commutable time to London (49 mins), with HS2, so going that way wouldn't lock you out of London contact forever, though obvs it would be some time away. Worth considering if you can make the mood. Brum isn't beautiful but it has a great atmosphere and attitude I think.
  • wakeupalarm
    wakeupalarm Posts: 1,155 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Well 49 minutes would be less than my current commuting time, but considering the cost of the HS2 project how much will a season ticket cost on HS2 from Birmingham?
  • always_sunny
    always_sunny Posts: 8,314 Forumite
    wakeupalarm wrote: »
    Well 49 minutes would be less than my current commuting time, but considering the cost of the HS2 project how much will a season ticket cost on HS2 from Birmingham?

    Chatham to St Pancras is 42m on highspeed and £470/month or £4900/year.
    It seems OMG so expensive but then even in London you still have to pay transports, if your commute is longer than 49m you must be Zone 3/4? So still £140 a month worth of TfL?

    Usually it's a wash but you own the place at the end and travel on better trains!
    EU expat working in London
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    Maxwell007 wrote: »
    Hmm The Deep dark Medway hmmm iv hurd Horrible story’s about living there. . . .

    "Very cheap place in SE not necessarily the nicest". Hold the front page.
This discussion has been closed.
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