You are reading a single comment by @ReekBlefs and its replies.
Click here to read the full conversation.
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
ReekBlefs
You're probably already aware of this but, unless your CC debts are on a zero % card then there's not much point in saving until you've paid them off. The interest on CC debts will be much higher than anything you can earn from savings.
When I bought (6 or 7 years ago) the problem was all about getting enough of a deposit to buy, now it seems to be back to not enough of a salary multiple (even though monthly payments could well be less than rent). I know that I wouldn't be able to afford my place now which is a bit crazy.