Help mamas!

[rabper]

Hi there

I am a new single mom trying to sort out some finances and looking at mortgages. The market is insane right now and all decent houses are like at least 2200-2300 per month.
Is it a good idea to buy a house right now or shall I keep renting? My take home after tax is 5k. Two girls dependent on me so including childcare the major expense is around 1500.
I am not sure if buying house at this point in time is a good idea or shall I keep saving more for deposit? I am looking at properties up to 500k and I have got around 90k in deposit.

What price is your rent? Might be worth playing around with a mortgage calculator at the current interest rates for £500k and see what the repayments would be compared to your rent. I'm not sure what interest rates would be in a few months, but I just remortgaged and it went up from just over 1% to 5.4%. Id be inclined to hold off for a couple months and see if that changes