Hi,
I'm currently thinking about buying my first house with my partner but the only houses we can safely afford are houses that we basically would NOT want to live in.
We have a joint income of 41k and would only fancy a 100K mortgage incase interest rates went silly. For our area that is an above average income (for 20 year olds anyway) so it makes me wonder how on earth people are going to buy houses!!! Its like £105,000 for a beat up house in an area where you have horses wondering around the streets (you know the areas I mean).
Even though we don't want to live like that we had kind of resigned to the fact we would have too!
Anyway after reading this site I have decided to give it a year and see what happens. I would wait longer but we could do with a house and I don't fancy paying £600pm rent for something I don't own!
Thanks for the info on here people!!!!!!