Private rent or not?

[nearlyfinished1moreyear]

So I currently live in a HA flat. Me and my OH are considering private let for a bigger house, garden, more privacy and basically a nicer area of the same town me currently live. I due to finish my degree next year and and OH has a permanent job with prospects to climb through the business. We are just currently not in a situation where we can buy atm. The HA are raising the rent every year and we just can not justify paying for what we have when we could get better private for the same money possibly a little extra. So my question is what would you do?

God just realised my typos

Realistically a privately rented bigger nicer flat in a better area of the same town will be more expensive then what you are paying now.

I would have a proper look at the price difference and put that amount into a savings account every month for at least six months. If you don’t ever dip into it go for it.

Please do not give up a very secure tenancy to private rent. In a private rental you can be asked to leave frequently which costs a lot of money in removals, deposits etc. You may be able to be eligible to buy a different property via your HA once you're in a better financial position (and get a discount).

Private renting. No. At any time can be given a section 21 and have 3 months to move out with no answers given. So many problems with private rent. Never again.

I actually never considered the thought of having to move frequently etc...We can afford to private let, I like the idea of saving the months rent tho to see how we get on. Unfortunately our HA doesn't do let to buy scheme . Hopefully one day we'll get out of this shithole

I'd start saving now and wait and see what job you can get once you've qualified/see how your DH's promotion goes over the following year.... you'll then be in a good position hopefully with regard to deposit for a mortgage + the amount you can borrow depending on earnings.
The advantage of remaining where you are is
a) it's secure so you won't be spending on moving
b) it's relatively cheap = you can save a lot once you're both earning more.
c) rather than move now to private rented then move again to own etc, make the move just once to a house you buy.