I am a regular and have name changed.
I was unexpectedly left £10,000 in a relative's will. I realise this is an incredibly fortunate position to be in and I feel quite guilty knowing that others on the boards are having a really tough time of it finacially.
We live in a rented flat and DP has suggested that we use it as a deposit. I don't think it would be enough and our joint income is quite low (about 20k a year, plus some casual work) so we won't get much of a mortgage I'd imagine. 90k-100k would buy a one bedroomed flat round our way. DP seems keen to buy.
Even if we were to buy (somehow) the situation is complicated by the fact that we will probably have to relocate in about three years time due to work.
I am a bit worried that property prices could keep on falling and we'd lose this money and there is no chance of us getting that sort of cash again.
Any advice greatly appreciated and I know this falls under the 'luxury problems' category.
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AIBU to ask what to do with this money?
34 replies
Swapsie · 27/03/2013 06:01
OP posts:
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