First Time Buyers

pocoloco_2

'Have you considered a career in nursing, teaching or social work? A few years at college might get you the skills you need to land a public sector job that qualifies for key worker housing assistance. '

I'm a newly qualified teacher. I live in the North West. I can't afford to get on the housing ladder where I live but I don't think the jkeyworker schemes apply up north.

pioneer31

Mmm   lock up ur money for a couple of years  ...   does that mean u have to stick another 2years with ur parents.. and after 2 years when u do decide to move out  the house prices have gone up so much that u have been forced out of the property game and  will be forced to rent if u want out of ur parents house....   i say  get on the ladder now  and quick.

just my view

that's not going to happen. Even EA's are predicting a slump now

lilaliboo1

Hey all,
Let's pretend im totally clueless (oh yes very funny - i didnt mean generally!) about buying a house.  Im a first time buying still living with parents.  Whats my best options with the current market? (no one seems to know whats its doing!)

Help me!!!
Lawtz

Just my opinion but for me, houses are to live in and enjoy your life in. They are not solely about profit (though a wise choice could make you some money one day.)
Will you benefit from or enjoy owning your own property? Can you safely afford the repayments? Can you afford to maintain and add value to the property? Are you in this for the long term (ie 10 years)?
If YES to all, then I would suggest you look at buying something you can stay in long term, (ie not a one bed flat!) If not, then perhaps a rethink is on the cards.

Good luck x

dougk_2

that's not going to happen. Even EA's are predicting a slump now

As they tend to do this period most years.....

The winter slump is normal and varies in greater extents from region to region.

Just my opinion but for me, houses are to live in and enjoy your life in. They are not solely about profit (though a wise choice could make you some money one day.)
Will you benefit from or enjoy owning your own property? Can you safely afford the repayments? Can you afford to maintain and add value to the property? Are you in this for the long term (ie 10 years)?
If YES to all, then I would suggest you look at buying something you can stay in long term, (ie not a one bed flat!) If not, then perhaps a rethink is on the cards.

Good luck x

I agree!

A house is to live in for most people.

I can call my own house a home - a rented house to me is somebodyelse's and not "my own" so it doesn't feel like home.