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Stability is good. Risks with deposits are bad.
can you elaborate?
The mortgage is £260 less per month than the rent we are paying atm so considering the worst case scenario it'll be harder to pay rent than mortgage. The usual counter-argument is 'there is less risk' .. how? If I stop paying rent I'll get kicked out; if I stop paying mortgage I'll get kicked out. I/we have no friends or family here to move in with so if shit hits the fan (which it wont) it'll be one way tickets back home.
amey
@LHL
^ Comments removed, so I'm guessing here, but... this time last year I was in a position to buy with my partner, putting offers in and all the rest. Stopped as I wanted to switch jobs, to what should have been something better, and, well, it turned into a whole year of shitty ass low paid work (with luck ending in September)- if we had bought we would have been in serious trouble. Stability is good. Risks with deposits are bad.