Hi folks, I'm afraid I have a pauper's budget - single woman with no partner in a poor-earning profession (by London standards), but in my industry London is where the work is.
I've looked into shared ownership but I'm getting on a bit and think that shared o/ship is fine if you're in your 20s and 30s but not if you're older.
I have a decent deposit (around 70k) but combined with my income, it still won't get me much.
I really hate myself for admitting this because it sounds so snobbish but I just can't bring myself to buy an ex-local authority flat in London. The main reason (I think) is because ex-LA buildings just look so ugly and depressing.
I would also be worried about tough neighbours/drug problems/ gangs etc, not to mention the fact that you can be landed with enormous repair bills. (I've heard of people being asked to cough up 30k plus).
A colleague has just bought an ex-LA flat in Charlton but she is a braver woman than I am.
I can't afford Forest Hill and Sydenham, wouldn't dare live in Peckham, but would consider moving out of town into Kent, Essex or Surrey.
I'd like a two-bed, ideally, but realise I can probably only get a one-bed if I want to live somewhere decent.
Greenhithe looks affordable - does anyone have any advice about this place as I don't know it at all?
I can afford Belvedere and Welling, but hear that both are pretty grim. I don't want to move to a chav town particularly, but realise I'm on a limited budget.
Anyone got any bright ideas? I need to be on a train line no farther out than 45mins from London stations.
Thanks
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Advice needed - where can I buy in London/SE on 190k budget?
55 replies
stargirl0412 · 15/07/2013 18:34
OP posts:
fuckwittery ·
15/07/2013 20:57
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