Owning your own home

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stevo_com

SE19 - 2bed, garden, 5% deposit, two slightly above average salaries. Very do-able

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NickCJ in reply to @stevo_com

5% deposit is pretty scary though - not Northern Rock-type scary, but still scary.

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stevo_com in reply to @NickCJ

So long as you can afford the repayments and then some (for increase in interest rates or unexpected periods of unemployment), it is still preferable to renting.

I could pay the mortgage and bills (albeit just) on my salary alone.

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