We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
to buy or to rent
peppapig14
Posts: 266 Forumite
we have just been given notice on our rented property and have to be out in November. we have been.lucky to save a deposit and should be able to purchase up to a price of £215-220k.
that amount in our area of Bournemouth will only be a flat and ideally we are after a house for our small family.
not sure if it's best to purchase a flat to get on the property market or to rent for another year or 2 and see what happens to the housing market where our deposit should make more of a difference?
any Input wud be appreciated
that amount in our area of Bournemouth will only be a flat and ideally we are after a house for our small family.
not sure if it's best to purchase a flat to get on the property market or to rent for another year or 2 and see what happens to the housing market where our deposit should make more of a difference?
any Input wud be appreciated
0
Comments
-
You don't specify how many bedrooms or which part of Bournemouth but a quick RM search has many 2 bed houses from 200-240k a few 3 beds in that range too.
I wouldn't buy a flat for the short term. It may be false economy when you have fees, solicitors (x2) (then later stamp duty to pay0 -
Are you going to be able to save any more if you keep renting?0
-
Try a cheaper area of Bournmouth and buy a house.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards