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[quote][i]Originally posted by Thoday[/i] [quote][i]Originally posted by Colin[/i] For 160k you will need at least £8k deposit, £1900 stamp duty, Fees - maybe £1500 :boggle: So you will need at least 12k maybe more. You will also need to be earning around £40k /year to get the mortgage!! Why start off with a 2bed house if your just staying yourself, small flat will be much more affordable you need to start low & work up to bigger things!! [/quote] Mesing with figures for the time being! Gf graduates in 16mths time and as a teacher will get a grant on a house. (you pay it back when you move or remortgage) she will also earn the same as me topping 45k will then look at a 3 bed and then pay larger monthly payments while we can afford it.. then if we have kids we have the house ready and then when they move out when in their 20s we will downsize and release the equity :lol: all if's mind you pmsl [/quote]
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