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Is renting really that bad?
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[quote][i]Originally posted by Ian W[/i] I was saving about 70% of my wages for 18 months so I could buy, in the end decided to rent a couple of months ago as I can't get the 20% deposit required. I pay £550 a month for a spot on 2 bed flat / apartment in a nice area, kitted it out with everything I need (in cash so no monthly direct debits for sofa, tv etc). Very happy renting, no stress tbh, just pay the rent, any probs just phone my letting agent. Cooker broke the other week, phoned up - 2 days later nice fixed cooker :) I'm single with no dependents so I don't have any reason to buy at the minute and have no plan to unless you can get 95% mortgages - even then I might no bother tbh. [/quote]
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