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Is it too late to buy at 45? Any advice...

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  • Bongolia
    Bongolia Posts: 10 Forumite
    Part of the Furniture Photogenic First Post Combo Breaker
    If you don't spend your money on buying you'll end up giving it to a landlord. Even if you took out an interest only mortgage you'd still gain when you sell. Providing there's not a 30 year collapse in house prices.
  • steph2901
    steph2901 Posts: 346 Forumite
    Part of the Furniture 100 Posts
    I'm currently applying for a mortgage with my husband, I'm 45 and he's 49. We both owned houses before with ex's but are now buying together (hopefully).
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Fifth Anniversary 10 Posts Name Dropper Combo Breaker
    We just got a 20 year mortgage age 39 & 41 - hoping to overpay when able to (kids are just about to start senior school and college so will be able to pursue different work in a few years)
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Fifth Anniversary 10 Posts Name Dropper Combo Breaker
    I'd take a look at Halifax, they use a slightly different assessing criteria - my partner is a long term NHS worker on about the same as you and we were offered 108k on his salary alone as I have been in my current role less than a year
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