remove please...

Murphybear

gwynlas said:

It is time to be realistic that there is almost nothing in your price range in Cardiff except Ely or Rumney and I would not recommend either. Why Cardiff are you working there? You should probably think of earning extra income with a second part time job and save as much as you can. If you buy a flat there will be ground rent and service charges to pay.

Hi all

i have followed this with interest

 Note:  I have never been to Cardiff and don’t know the area

I just did a search on. Rightmove.  Maximum £120k and within 5 miles from Cardiff.  It returned 185 results.  Removing the “flats” option this went down to 28.  

Apologies if I’ve missed something.  

I can see the point that rigolith is making.  

I do object to the use of “rocket science”, it’s one of the easier branches of Physics. . Try “quantum mechanics”. *




* BSc Physics and Astronomy University of London
Tongue in cheek - probably since I started reading MSE 

I thought this needed a bit of light relief 

guideme

Thanks for the advice, a house has now been ruled out. It'll have to be a flat, I'll try and save as much as possible over the next year. And Help To Buy won't be much help either given the cost of new builds.

guideme

Also help from family won't be happening, I'd be more likely to give them money if anything lol.

Snow_Angel

guideme said:

Thanks for the advice, a house has now been ruled out. It'll have to be a flat, I'll try and save as much as possible over the next year. And Help To Buy won't be much help either given the cost of new builds.

If you're going to save for at least a year and you meet the criteria, I recommend you open a LISA. Details here, but essentially the Government top up your savings of up to £4,000 a year with a £1,000 bonus. Best of luck to you. 

https://www.moneysavingexpert.com/savings/lifetime-isas/

guideme

Snow_Angel said:

guideme said:

Thanks for the advice, a house has now been ruled out. It'll have to be a flat, I'll try and save as much as possible over the next year. And Help To Buy won't be much help either given the cost of new builds.

If you're going to save for at least a year and you meet the criteria, I recommend you open a LISA. Details here, but essentially the Government top up your savings of up to £4,000 a year with a £1,000 bonus. Best of luck to you. 

https://www.moneysavingexpert.com/savings/lifetime-isas/

Thank you I opened a LISA a few months back

Snow_Angel

guideme said:

Snow_Angel said:

guideme said:

Thanks for the advice, a house has now been ruled out. It'll have to be a flat, I'll try and save as much as possible over the next year. And Help To Buy won't be much help either given the cost of new builds.

If you're going to save for at least a year and you meet the criteria, I recommend you open a LISA. Details here, but essentially the Government top up your savings of up to £4,000 a year with a £1,000 bonus. Best of luck to you. 

https://www.moneysavingexpert.com/savings/lifetime-isas/

Thank you I opened a LISA a few months back

Sorry. I just re-read your original post and realised you were already on the case with that! 

grumiofoundation

guideme said:

Thanks for the advice, a house has now been ruled out. It'll have to be a flat, I'll try and save as much as possible over the next year. And Help To Buy won't be much help either given the cost of new builds.

Hope your saving journey goes well, 

Pob lwc! 

Marvel1

[Deleted User] said:

Sadly the numbers just don't add up. Houses are basically unaffordable for individuals on above average salaries, so you have very little chance.

You will get the usual advice - look somewhere cheaper, get a better job, sell your iPhone etc. Ignore it, you know your situation and have doubtless considered these things.

Sorry it's bad news, but that's how it is.

I have to disagree you need to look at other areas.

jenni_fer

https://www.onthemarket.com/details/11426646/ - SECOND FLOOR APARTMENT 

Thought of the OP when I saw this today. Not Cardiff but in the CF postcode area. 
Not saying this particular flat is right as it's got a tennant but it's a reasonable outskirts area to consider. 

Snookie12cat

jenni_fer said:

https://www.onthemarket.com/details/11426646/ - SECOND FLOOR APARTMENT 

Thought of the OP when I saw this today. Not Cardiff but in the CF postcode area. 
Not saying this particular flat is right as it's got a tennant but it's a reasonable outskirts area to consider. 

The CF postcode stretches 30 miles north of Cardiff. Plenty of houses in the Valleys, but it is in the back end of nowhere so unless you are born there or have family there, most people do not wish to venture there, let alone buy.