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surrender. how to? :(

12357

Comments

  • dawyldthing
    dawyldthing Posts: 3,438 Forumite
    I'd have thought you'd be better house sharing or if it's 2 bedrooms could you rent the second one out? It's a lot to pay for one person.
    :T:T :beer: :beer::beer::beer: to the lil one :) :beer::beer::beer:
  • fly53
    fly53 Posts: 57 Forumite
    Thank you all.

    I really do need to sit down and work on my finances but in the long run it maybe unatainable.
  • In the short run (til April) it probably is if you watch your spending. Really watch it. I lived on £6 a week for food in 1980.., and that was low even for then. It wasn't pleasant but I did it.

    Spending half of your wages on rent has been going on for decades when private renting.
  • seashore22
    seashore22 Posts: 1,443 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    edited 11 December 2017 at 8:05PM
    OP, my daughter earns less than you, runs a car and pays rent of £650 a month. She has a mobile phone, Amazon Prime and has a decent social life. She even manages to put away some savings. It can be done, but it involves serious budgeting and getting used to not spending too much on luxuries.

    I haven't read the entire thread so I may have missed this, but are you financing debt which eats into your available money?

    Edit - is £800 a month the going rate for a 1 bed in your area? It's hard at advise without knowing details like this. What will you do if you are allowed to end the contract for this home?
  • fly53
    fly53 Posts: 57 Forumite
    800 pcm is normal for woking
  • He probably doesn`t need to pay 800 p.m rent, it will depend whereabouts he/she is in the country I suppose...

    Crashy he lives in Woking. It is very expensive to rent there.
    2.88 kWp System, SE Facing, 30 Degree Pitch, 12 x 240W Conergy Panels, Samil Solar River Inverter, Havant, Hampshire. Installed July 2012, acquired by me on purchase of house in August 2017
  • fly53 wrote: »
    800 pcm is normal for woking

    It is. You might want to move further out when you rent your next property.

    I'm guessing you work in the big smoke if you're living in Woking?
    2.88 kWp System, SE Facing, 30 Degree Pitch, 12 x 240W Conergy Panels, Samil Solar River Inverter, Havant, Hampshire. Installed July 2012, acquired by me on purchase of house in August 2017
  • bouicca21
    bouicca21 Posts: 6,750 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    That rent is perfectly reasonable - some might even say cheap - for the location, so OP is unlikely to be able to move anywhere cheaper. It's the rest of the budget he/she needs to look at. It's a case for a money makeover rather than moving, unless of course OP can move back in with parents or get a job paying the same in a cheaper part of the country.
  • fly53
    fly53 Posts: 57 Forumite
    I work in a lab near by. Not london but newhaw
  • fly53
    fly53 Posts: 57 Forumite
    Well offices next to a lab
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