First Time Buyer
- From: Dave <s.f.oswald@xxxxxxxxx>
- Date: 30 Apr 2007 01:29:17 -0700
Hi all, just started recently to think about buying my first property.
I don't really mind as too how large it is, but just wanna stop paying
rent (which is just dead money).
I and my newly wed wife. Both 25yrs, full time working, with good
credit, living and seeking a place in London (up to say zone 5 max),
we have a few thousands of pounds for a deposit.
The problem I might see here is that our combined annual income is
only £30,000. Would like to get say a studio or 1 bed flat. But I
think it might be hard to get a mortgage to stretch that far.
My question now is, can anyone give me some advise on what I can do?
How do I find does shared ownership schemes? Is this the right
direction?
Any advice would be greatly received.
Kind regards and many thanks,
.
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