For a four bed house around here we would need at least 600k. We're settled and really don't want to leave the area.
We're first time buyers. No savings - quite a lot of debt. Both mid-forties. We're now both working and will be bringing in £200k annually together before tax. We hope this will soon go up again.
Dh says we've missed the boat and will always have to rent. Our outgoings are high - we pay £2,400 monthly in rent for an okish house. We wouldnt fit in anything smaller. I am desperate to give our children a 'home'. Dh say I'm dreaming and it can never happen now. So that's another 40+ years of renting. That thought drives me crazy and I am not ready to give up. Perhaps I need to face the truth : (
Dh doesn't have any desire to buy. He says he would prefer to carry on renting a bigger place than own a smaller one.
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Want to buy a 600k house at 44!
326 replies
startingallover · 23/01/2016 00:52
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