Re: First Time Buyer

On 30 Apr 2007 01:29:17 -0700, Dave <s.f.oswald@xxxxxxxxx> wrote:

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,


www.housepricecrash.co.uk

Go have a big read.

Shared ownership sucks imo. Here buy this mars bar for 40p but I'll
only give you a quarter of it AND you'll have to pay me for looking at
the rest of it AND you'll be responsible for paying for any repairs
you make to the wrapper even though I own 3/4 of it.


If you can't afford to live in London then don't.
--
http://wwww.orderonlinepickupinstore.co.uk
Ah fetch it yourself if you can't wait for delivery
http://wwww.freedeliveryuk.co.uk
Or get it delivered for free
.

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