want to get out of parents

km1500

financially the 1150 rent is almost exactly equal to the cost of 250k at 5% which you would be paying one way or another  should you buy

so it boils down to your views about which way house prices are going to go - if you think they are going to go down further then you should wait but if you think they are going to go up then obviously you should buy sooner

tiger135

i think they might go down a bit more, but if theres a new government policy to help first time buyers then it could help keep prices higher at the lower end of the market???

markin

Car? 15miles away the are park homes for £900 Its let but another could come up at any time.

19.75 miles £975

23 miles  £880 - £758

https://www.rightmove.co.uk/property-to-rent/find.html?locationIdentifier=POSTCODE^1556053&minBedrooms=1&maxPrice=1400&radius=30.0&propertyTypes=park-home&includeLetAgreed=true&mustHave=&dontShow=&furnishTypes=&keywords=


You can even Buy one at £40k
https://www.rightmove.co.uk/properties/131562707#/?channel=RES_BUY

Would you pay the premuim to be 5 miles from that post code?

£100K
https://www.rightmove.co.uk/properties/138760685#/?channel=RES_BUY

MultiFuelBurner

markin said:

Car? 15miles away the are park homes for £900 Its let but another could come up at any time.

19.75 miles £975

23 miles  £880 - £758

https://www.rightmove.co.uk/property-to-rent/find.html?locationIdentifier=POSTCODE^1556053&minBedrooms=1&maxPrice=1400&radius=30.0&propertyTypes=park-home&includeLetAgreed=true&mustHave=&dontShow=&furnishTypes=&keywords=


You can even Buy one at £40k
https://www.rightmove.co.uk/properties/131562707#/?channel=RES_BUY

Would you pay the premuim to be 5 miles from that post code?

£100K
https://www.rightmove.co.uk/properties/138760685#/?channel=RES_BUY

Not forgetting ever increasing pitch fees and ownership T&C's which may mean having to replace the caravan when a certain age. Combined with electricity supplied on a business contract so could be sky high and finally not all sites are all year round. Resale values are shocking.

Just a few of the pitfuls that readers should be made aware of.

Exodi

I'm amazed people are still candidly responding, 6 months on. The OP has been asking the same question for 6 solid months - every variation of response has already been given, multiple times.

The OP is 40 and living with parents - they are afraid of moving out. They have been continually creating new arbitrary obstacles of why they cannot move out since the thread started.

It's nothing to do with whether they can afford a house (spoiler alert: they can), or speculation on whether house prices are going go up, down or sideways.

tiger135 said:

i just need a hug

That I've no doubt. How is your current situation with your parents? I take it you are no longer as motivated to move out since the thread started, since you've presumably turned 40 now (which was your original fear).

I think honestly the thread needs closing now. I feel bad watching new forumites getting sucked in and wasting their time offering advice - 6 months and nearly 40 pages is long enough.

Martico

I wouldn't agree with closing the thread now - while indecisive, the OP appears to be someone that would appreciate support and help along the way. Regurgitating the same indecisions doesn't help, but once they've started to commit to a property, I'd hope they feel able to come and ask for advice