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Do most people who buy a 300k+ house...

153 replies

PinkTriangle · 07/03/2015 19:20

Have a hefty deposit (possibly from making a profit on a previous house sale?) in order to afford mortgage payments?....

Or are can you tell me your secret? What is your line of work?

Our budget is £200k, we only have a£20 deposit ( from our last mortgage, we made a loss in the sale but had paid of about a 1/3 of mortgage). We have okay paying jobs (£25k each) but we're so not looking forward to paying £1000 in mortgage each month. It makes me wonder how others do it :/

OP posts:
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LondonGirl83 · 09/03/2015 19:32

The couple I know don't have a nanny the send their son to nursery which is 1,200 a month.

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TeddyBee · 09/03/2015 20:35

I hope mine didn't peak! I only just got my first promotion by thirty! Then I had three children so I've had a bit of a hiatus. OH certainly didn't peak at 30, although 40 was a good year :)

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Beaverfeaver2 · 11/03/2015 08:20

Agree - nowadays 30 is just the start of finding the career.

I heard 40 is the current average peak now which makes a lot more sense

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