The cheapest hpuse prices in the area (horrible estate and just terrible houses!) Are 125k.
When i first started saving 5 years ago these houses were only 80k/ 90k
How can they have gone up by nearly 50 grand?!
It seems like every time we get close to deposit the house prices go up.
I shpuld add that my partner found out that his mother had used his name and details and gotten him into a serious amount of debt three years ago. So that obviously has slowed the process down. But it really feels like an unreachable goal.
We have looked at shared ownership aswell but am wary of having to pay mortgage and rent.
Has anyone managed it? How do you buy a house whem the prices keep going up?
Im tempted to move to a cheaper area but that would make it difficult for DH to get to a pick up point for work. He works all over the country and we dont drive (mostly because we put every spare penny into savings.)