This is so hard because there’s no right answer! My mum is telling me to leave it and save; my siblings are telling me to live life for the present and do what makes me happy.
My boyfriend and I (29) currently pay £1,100 for a tiny one-bed flat, and we’ve just viewed an amazing house for £1,595. It’s a massive upgrade.. two proper bedrooms, two bathrooms, a garden, loads of space, storage, etc. We absolutely loved it.
We can afford the higher rent, but obviously it would mean saving much less.
We were set on staying in the flat and buying, but atm we only have around £6k saved between, so we’re not exactly close to buying yet.
It would also give us space to think about starting a family… but we may not afford it! 😂
I’m wondering whether we should bite the bullet, rent somewhere we actually love for the next few years and accept that buying will be pushed back, or stay in our current tiny flat and prioritise getting a deposit together.
Basically: quality of life now vs getting on the property ladder sooner.
What would you do?
(I can’t explain how small our flat is. It’s essentially just a 3 room studio. And we have a cat!)