Tongue in cheek title!
DH and I have been renting for the last 6 years since we moved to London. We’re ready to buy somewhere but not ready to live in nappy valley.
We’ve been renting a small flat in Chelsea for £2k a month. It would cost more like £2.6k a month on the open market today.
We want to buy somewhere with 2 or 3 bedrooms and garden/terrace/balcony. The reality of the matter is that we can’t afford anything in a posh bit of London that we’ve become so used to living in. So we will need to move out like countless people before us.
We are thinking maybe Greenwich, Herne Hill, or maybe even Brixton/Clapham borders. Our budget is about £800k so even then we’re being optimistic.