Intend on buying a house, yes. But haven't got any AIP or gone any further than looking around. As for the price range, probably around 500k and borrowing 350k-ish. Repayments would be very close to what we're paying in rent currently, around the 1800 mark.Are you planning on purchasing a house?
If so, what price range?
How much would you plan to borrow? And for this amount, how would the repayments compare with your current rent?
I think this is important to factor into your decision.
Easier said than done, unfortunately. What's out there currently doesn't appeal to us so it's difficult to part with a large chuck of change for something that we're not totally happy with.Focus on buying your home and worry about pension funding once that sorted. But try to get it sorted ASAP.
Easier said than done, unfortunately. What's out there currently doesn't appeal to us so it's difficult to part with a large chuck of change for something that we're not totally happy with.
Waiting for a change in market (either price or availability) until it meets your definition of ‘worth it’ is a very risky strategy which almost never pays off. Especially risky when you’re in your 40s and the amount you can afford to borrow is going to decrease every year.True, but I don't think our expectations are too high. It's just that what's out there now doesn't seem worth it to us.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?