15-01-2015, 07:08 AM
Thing is mate, if you choose not to buy you'll be paying rent forever. I've been putting extra into my mortgage since I took it out, and because of that I have about 9 years left on it. Even if I can't put any more extra in, it'll be paid off when I'm 36, and then I'll never have to pay rent again. That's £550 a month better off for the rest of my life.
As far as I can see, they make it too hard for you down south. A good mate of mine lives in Bow, and paid 325k for a tiny 1 bedroomed flat. That'd get you a 4 bedroom semi detached in a posh part of Leeds, or in one of the small towns around Leeds like Huddersfield or Castleford you'd be looking at a 5-6 bedroom detached!
As far as I can see, they make it too hard for you down south. A good mate of mine lives in Bow, and paid 325k for a tiny 1 bedroomed flat. That'd get you a 4 bedroom semi detached in a posh part of Leeds, or in one of the small towns around Leeds like Huddersfield or Castleford you'd be looking at a 5-6 bedroom detached!