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  • Yes its certainly not the ideal way of buying a house. But we pay 1200 pcm rent at the moment or could be paying around that all in with charges/rent/mortgage 1 mile down the road and at least be acquiring some level of equity rather than paying someone else's mortgage. Am i being naive or does that not make more monetary sense?

  • How far down the road would you need to move to buy outright?
    I think that is the question you need to ask, if you can avoid SO then do so.
    If not bite the bullet and buy in.

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