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Buying a house while single?

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  • Be proud of yourself for being in a position to potentially own!

    Spend the next year saving - for your deposit and emergency fund and your “f**k off” find (everyone should have one of those!) and learning about the ins and outs of the buying process and how mortgages work. You can never know too much.

    And even if you meet Prince Charming tomorrow, I’d always advocate having something of your own. I’ve seen friends lose everything because they’d tied themselves tightly to someone else. You have financial independence by having savings and working hard to get there. Nurture it, embrace it and do what gives you joy with it.

    Don’t worry about doing what is expected of you, only do what feels right for you. :j

    Sorry... I’ve listened to a lot of Beyonc! today or something. I’m all on the empowerment vibe :rotfl:
  • DCFC79
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Nothing wrong with buying a house when single. Loads of people do it.

    Im looking st doing it myself albeit a tad later than what Id hoped. Its daunting to think Id be moving into a property on my own but its something Ive wanted for a while.
  • I know lots of single ladies and males who have brought. My cousin she brought her flat after a break up, she then got back together with the chap, kept her flat which she rents out and has a house with her partner



    I too am single 42 and hoping to buy... I wasn't as wise with you with money when I was younger, I lived for the weekends...
    Aspiring to be financially independent.... from my parents!
  • 00ec25
    00ec25 Posts: 9,123 Forumite
    1,000 Posts Combo Breaker
    any property that "you" (male or female) own is an illiquid asset that for someone newly started in their career is going to be a huge compromise between location and value for money

    buy a house - is it the sort of house that will let easily if/when you a) change jobs and leave the area or b) settle into a relationship and find neither wants to live in the "other's" home so both buy a new neutral place together

    you can play any number of what if scenarios, no one on here can tell you whether a house is good for you or not.
    Just go and live your life for yourself making your own mistakes on the way. What do your parents say since they may well end up funding it anyway?
  • Herbalus
    Herbalus Posts: 2,634 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    I'm looking to buy. Mid 30s single male if there are any nice ladies out there :)

    I can offer you one of these. :rotfl:
  • Anna786 wrote: »
    I think it’s better to continue saving, its only because next summer I’ll turn 23 and I feel like I need to get on with life and get on the property ladder. The more I save the bigger my deposit and better deals I can get.

    Also after we leave the EU property prices will decline so it seems like it would be better to wait it out a year or so.

    Where abouts are you looking to buy?

    I am curious how a single, 23 year old, can afford a property when prices have gone up like crazy for 10 months....

    Not saying you can't and obviously you may have a great job or inherited....

    I am more curious at where in the UK this is....maybe there is a nice town somewhere in the UK I can move to and as a single man in his 30's, can buy.

    I live in Surrey, it's too ruddy expensive. I am looking at moving to Bristol or Plymouth.
  • Robin9
    Robin9 Posts: 12,777 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    xylophone wrote: »
    ...................

    No reason why you should not buy as a singleton - I did, and so did young relative at age 24................

    Likewise - and it was three houses later before I met my future wife.
    Never pay on an estimated bill. Always read and understand your bill
  • If you don’t buy on your own, you’ll be living with your parents for years in your twenties!

    Personally I think everybody should live alone for at least a couple of years. You’ll lea4n to manage totally independently so if you do decide to move in with a partner at some point down the line it will be because you want to, not because you need to.
  • zagubov
    zagubov Posts: 17,937 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    homeless9 wrote: »
    Where abouts are you looking to buy?

    I am curious how a single, 23 year old, can afford a property when prices have gone up like crazy for 10 months....

    Not saying you can't and obviously you may have a great job or inherited....

    I am more curious at where in the UK this is....maybe there is a nice town somewhere in the UK I can move to and as a single man in his 30's, can buy.

    I live in Surrey, it's too ruddy expensive. I am looking at moving to Bristol or Plymouth.

    The southeast isn't a great place for a single person to buy. You're wise to look elsewhere.
    There is no honour to be had in not knowing a thing that can be known - Danny Baker
  • Woman in my 60's here - and I always assumed I'd "meet someone and then buy the house just before marriage with them".

    I never did. But I had a chance at last (only through sheer good luck) to buy in my 30's and I promptly grabbed it fast with both hands before it vanished on me.

    That was the correct thing to do and thank goodness I did take that chance - as it would certainly have vanished not long afterwards (just as I suspected it would).

    Don't put yourself at risk of "settling for Mr Second Best or, worse, Mr Downright Disastrous" just in order to be able to manage to buy a house. I've seen it happen...:eek:

    As for the idea of having children before getting married and/or buying a house:eek::eek::eek:. It makes much the best sense all round (including being fair to those children) to do it in the traditional order of:
    - get married and buy a house
    then
    - have the children (if you want them) once those things are safely established

    My mind always boggles at anyone having children without being married to the father of them first (sometimes not even living together). It also boggles at the thought of having children without having a house of one's own to house them in - :eek:to the thought of dragging children round from rented house and school to different-rented-house-and-different-school etc etc.

    You've got the chance to buy = grab for it and be thankful imo. You do not want to risk losing that chance.
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