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How much of a deposit
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[quote][i]Originally posted by Jill[/i] [quote][i]Originally posted by Thoday[/i] 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] Why don't you just wait until she graduates in a year and a halfs time and by then you'll have a nice little nest egg with all the money you have saved to put a bigger deposit down, reduce the size of the mortgage etc etc...? Plus the extra ££ will come in useful to buy things for your house or keep in handy if something goes wrong eg: if you boiler packs up. I put a bigger than 10% deposit down when I bought my house last year just for this reason- took a bit longer to save for but got there in the end. JILL :wave: [/quote]
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