Hi all,
New to this board but long time patron to AIBU and Chat.
I've recently been very very fortunate in securing a job that allows me to put away about £6k a month into savings.
I've calculated that after paying off debt my ex accrued in my name still annoyed about this I will have £30k in savings by September.
I don't yet own a property, my employer pays my accommodation and living expenses so I don't pay any rent.
The obvious thing to do would be to buy a house asap, which I'm keen to do - but I'm not sure whether the best choice would be to buy something at the top range of my budget (eg. in September a £300k property with 10% mortgage) and find a lodger to trickle in some running costs and keep the house "lived in" whilst I'm away, or to buy something smaller and invest elsewhere?
Any tips very welcome. I know property was a very safe bet previously but has that bubble burst now?