want to get out of parents

tiger135

parents would be happy if i was buying , but as i said i really dont want to be stuck another 4-5 months as i am.
i know i will buy eventually just dont like feeling pressured to buy.
i feel like i need to buy some time to relax and take the pressure of buying away for a while. 
buying some time will mean renting for a year or a house share via spareroom. 

Sunsaru

tiger135 said:

parents would be happy if i was buying , but as i said i really dont want to be stuck another 4-5 months as i am.
i know i will buy eventually just dont like feeling pressured to buy.
i feel like i need to buy some time to relax and take the pressure of buying away for a while. 
buying some time will mean renting for a year or a house share via spareroom. 

Dude, you do you. Buy, rent, whatever. Just do what makes you happy and do it at your own pace. Your parents have your best interests at heart, even if the execution leaves a lot to be desired.

Martico

1. The only pressure is self-imposed.
2. It isn't necessarily a very long process. My current home took around six weeks from first view to keys-in-hand. It's doable if you find a suitable place (chain free helps on speed, of course) and are on the ball

Sarah1Mitty2

YoungBlueEyes said:

Right. So you want to move out, but not live with anyone else. You don't want to buy or rent or go for a houseshare. And you want to keep all your money cos it's making so much interest? 

One word - campervan.

Straight-talking alert.
Honestly OP you've dithered for so long now that it's all too much, you've built it up too far in your head so that no option seems safe enough. No option is safe, you just have to pick the one you're most comfortable with and crack on with your life. You'll still be living with parents when you're 50 at this rate and ended up as their carer. Then what will you do? I bet you'll have an even bigger bunch of money in the bank but house prices might have gone through the roof and you'll be no nearer getting one.  Time to sh*t or get off the pot.

Not sure that is very likely to be honest, plenty of people with mortgage debt end up being carers for parents, so I don`t see the relevance of rushing into a purchase just now, at one of the worst times to buy in probably 20 Years?

MobileSaver

Sarah1Mitty2 said:

YoungBlueEyes said:

Honestly OP you've dithered for so long now that it's all too much, you've built it up too far in your head so that no option seems safe enough. No option is safe, you just have to pick the one you're most comfortable with and crack on with your life. You'll still be living with parents when you're 50 at this rate and ended up as their carer. Then what will you do? I bet you'll have an even bigger bunch of money in the bank but house prices might have gone through the roof and you'll be no nearer getting one.  Time to sh*t or get off the pot.

Not sure that is very likely to be honest, plenty of people with mortgage debt end up being carers for parents, so I don`t see the relevance of rushing into a purchase just now, at one of the worst times to buy in probably 20 Years?

You're hilarious!

In 2014 you said on these forums "buying in 2011 was probably the worst mistake you are ever going to make", house prices are up 58% since then...

In 2018 you again said "worst possible market to be throwing money at property", prices are up 22% since then...

In 2020 you said "It is the worst time in a long time to be buying property", prices are up 12% since then...

The facts speak for themselves, you have been completely and utterly wrong every single time you have claimed it is the "worst time to buy".

MultiFuelBurner

MobileSaver said:

Sarah1Mitty2 said:

YoungBlueEyes said:

Honestly OP you've dithered for so long now that it's all too much, you've built it up too far in your head so that no option seems safe enough. No option is safe, you just have to pick the one you're most comfortable with and crack on with your life. You'll still be living with parents when you're 50 at this rate and ended up as their carer. Then what will you do? I bet you'll have an even bigger bunch of money in the bank but house prices might have gone through the roof and you'll be no nearer getting one.  Time to sh*t or get off the pot.

Not sure that is very likely to be honest, plenty of people with mortgage debt end up being carers for parents, so I don`t see the relevance of rushing into a purchase just now, at one of the worst times to buy in probably 20 Years?

You're hilarious!

In 2014 you said on these forums "buying in 2011 was probably the worst mistake you are ever going to make", house prices are up 58% since then...

In 2018 you again said "worst possible market to be throwing money at property", prices are up 22% since then...

In 2020 you said "It is the worst time in a long time to be buying property", prices are up 12% since then...

The facts speak for themselves, you have been completely and utterly wrong every single time you have claimed it is the "worst time to buy".

This person is on my ignore list but this is the best response I have seen to them yet.

tiger135

i am not interested in whether its a good time to buy i just need to move out in one shape or form. 
i will buy in the next year or two for sure.
my problem is immediate, to move out in a matter of weeks.

MFWannabe

MobileSaver said:

Sarah1Mitty2 said:

YoungBlueEyes said:

Honestly OP you've dithered for so long now that it's all too much, you've built it up too far in your head so that no option seems safe enough. No option is safe, you just have to pick the one you're most comfortable with and crack on with your life. You'll still be living with parents when you're 50 at this rate and ended up as their carer. Then what will you do? I bet you'll have an even bigger bunch of money in the bank but house prices might have gone through the roof and you'll be no nearer getting one.  Time to sh*t or get off the pot.

Not sure that is very likely to be honest, plenty of people with mortgage debt end up being carers for parents, so I don`t see the relevance of rushing into a purchase just now, at one of the worst times to buy in probably 20 Years?

You're hilarious!

In 2014 you said on these forums "buying in 2011 was probably the worst mistake you are ever going to make", house prices are up 58% since then...

In 2018 you again said "worst possible market to be throwing money at property", prices are up 22% since then...

In 2020 you said "It is the worst time in a long time to be buying property", prices are up 12% since then...

The facts speak for themselves, you have been completely and utterly wrong every single time you have claimed it is the "worst time to buy".

I try to ignore Sarah/ Crashy but brilliant answer 🙌👏

MFWannabe

tiger135 said:

i am not interested in whether its a good time to buy i just need to move out in one shape or form. 
i will buy in the next year or two for sure.
my problem is immediate, to move out in a matter of weeks.

If it’s really that immediate then you need to make a decision, many suggestions have been provided to you since Feb and you’re still asking same questions 

[Deleted User]

"The only man who never makes a mistake is the man who never does anything." (Solid Attribution: Theodore Roosevelt)

Word on the street is that mortgage interest rates are unlikely to drop much in the next couple of years, house prices where you are (assumption only,  from another post) seem unlikely to fall very much if at all. There will probably be no 'right time' to buy in the foreseeable future, in the meantime why be miserable  living with your parents? Life is short and you might as well make the most of  it. You are in a fortunate position financially, a reasonable income, no dependants and money in the bank!

 Ask around your work colleagues if nothing else, one of them might be keen to take a temporary lodger to pay their rising mortgage.