Our plan was to buy before baby’s first birthday but we haven’t found anything yet (location and budget) and our current tenancy is coming to an end.
We live in a nice area and in a good sized 1 bed flat and I’m thinking we might be able to continue living here until next year, until baby’s second birthday. Am I being mad?
We could rent a 2 bed but we can’t afford it in this area, so we would have to move further away which will increase other costs such as commuting, etc. Husband also works very close to where we live and this has been really handy with baby as he gets home early and helps a lot which probably won’t happen if we move further away.
It doesn’t make sense to me to increase our expenses to rent a 2 bed whilst we could be saving some more for our deposit and hopefully buy next year. But on the other hand I feel selfish that I’m not giving baby his own room and more space until he’s 2 years old. Is it ok to live with a 2 year old in a 1 bed flat? Or would he definitely need more space/his own room until then?