Quote Originally Posted by Pat Vegas View Post
It's all to buy a place. It's looking rather grim at the moment. I think we will wait a little while longer.

It's funny you see a listing for London and just by looking at the price you know it's going to be in Edmonton. I will never move there. Other areas outside are affordable but then you are not better off because of the transport cost.

Shared ownership can get ****ed and any other schemes I see.

Still with my frugal ways I was able to purchase my new telly spur of the moment.

I feel as man I owe it to my wife to be able to purchase a property as our home. Also I am 35 this year if I am gonna get into a mental mortgage better do it now.
Would it not make sense to buy somewhere in the 'burbs to get a foot on the ladder, as it were?

I don't really understand property prices any more. How much for a 2 bedroomed flat in Islington? £500k? £100 down and mortgage £400k? Howe much would such a mortgage be per month?