Would you stay in a too-small flat to afford a big trip?

[eppw]

My partner and I live in a one bedroom flat. We work from home a lot, so would appreciate a second bedroom and some outside space. We could move to a bigger flat which would cost about £600 a month more in rent.

Or we could stay put, and use that money towards a 3 week dream trip travelling around New Zealand.

What would you do?

I'd buy. What are you thoughts on marriage?

Save up for the trip then move after you come back from it.

What’s that got to do with the OP’s question 😂

I'd do the trip. If it was a case of buying a place, I'd choose the bigger flat...but if you're renting, I'd rather put the money to the holiday. That's assuming you can at least cope reasonably ok in the smaller flat.

This .

Assuming you're relatively young and baggage free I'd do the trip. I had a similar situation 40 years ago and I chose to go travelling around a particular country for 6 months. No regrets and wonderful memories. Go for it!

How old are you OP?

Depends really on a few things . How old are you, what are your goals for the future, do you want children.?

Do the trip then when you get back save hard for deposit to buy as soon as as you can

Move, and start planning to buy

You can still put a smaller amount of money aside for the trip, it's in no way as essential as having a decent living space that meets your needs.

I'd stay in the small flat and travel. Having lived in a larger flat won't be something you'll remember or look back on in years to come.

If choose a bigger place over a 3 week holiday, but I’d find it stressful living in a small home with no outside space.

Do the trip, you may not get the chance again.

No interest in buying for a few years - it's a falling market in London. Appreciate the advice might be different if we lived somewhere else 😀

No plans for kids! We are mid 20s

Renting - id stay as small as possible and go on the trip

If you’re waiting for a house price crash in London, make yourself comfortable.
Not happening anytime soon.

At your age and situation- the trip ! Make the most of your independence and opportunities.

I'd do the trip. If there were kids in cramped living conditions that would be different but I've always been of the mindset that a house just big enough to live in and plenty of spare income to live a good life is far superior to a house that costs so much you can't do anything but work to pay the thing off.

Trip.

When you get back you can save that £600 a month towards a deposit or something for the future.

I'd definitely travel and get the experience instead of paying more off someone else's mortgage.

Even without the trip...I wouldn't waste an extra £600 renting a bigger place.

Why not?

I'd rather my day to day life was comfortable than tolerate a poorer living environment for a 3 week holiday to be honest.

Definitely do the trip. We sacked in our flat and jobs for a year working abroad and travelling, best thing we ever did. Wish we would do it again but harder now with a mortgage and baby!

Travel definitely.