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London property with sibling
Comments
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This, this, this, this, THIS WITH BELLS ON!If Sibling can't even *discuss* the idea of buying separately without getting angry, you don't want to be buying with Sibling.
Honestly? I mean, really...?
!!!!!! are they going to be like to live with? Will they throw their toys out the pram every time something doesn't go their way, every time the loo seat is left up or the toothpaste lid off...? What'll happen if/when one of you finds yourself in a relationship...?
The alarms on this one are deafening.
Without the parental £250k gift (or loan that comes with a charge against the property?), what can you save up to a deposit?0 -
It looks to me that the OP should wait until they get their pay rise and then look to buy without any family assistance which is actually not assistance but rather a way for the parents to continue controlling the life of an adult son/daughter.0
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How old are you both and what are your current living arrangements? How long ago did you live together?
Are the 28k and 44k your current savings or your current salaries. In your OP i read it as savings plus 500k but subsequent pists suggest these are salaries?
I personally wouldn't choose this route but age etc may influence that.
Obviously your parents are paying so at the end of the day it could be do as they say or not at all0
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