buy or rent

[Toby]

what you need is a rich gf's step dad to buy you a house! rent it off him, have a agreement that i buy it off him in 4 year's ( providing me and the mrs are still together) and hey presto! im living in what really is MY house! its decorated how we want it etc i pay for everything! some months its a struggle! but its well worth it! im only 20 and having my own house is the best!
Tonight mrs is out! fridge is full of beer for the mates and football on the Plazma! LOVE IT!

but apart from that, id sujest, try renting for a year, and save then go to the bank etc and try get a morgage!

Best of luck! 

[myvr6isarocket]

I put down nearly 50k for a deposit, I nearly however spunked that up the wall on a Ferrari 355!!! The wife had a few choice words and changed my mind for me!

[dansmk3]

have you thought of the part buy part rent route? 75% ownership, get a mortgage on that and you pay rent on the 25% owned by the local housing ass! as long as you buy the remainder 25% within 10 years all is good!!

thats what id like to do and the deposit is not as huge also

[VW BUSH]

Having something to sell is the only way to trade up to a nice place to live.
I have clung onto this flat and now have some good equity, waiting for the best moment to roll the dice again

Got to start sometime, and if you split you may have enough for a deposit each after the sale (just dont have kids and split or your fooked)

[kittie]

Deffo buy imo. We bought our first home about 4 years ago and never regretted it! Best thing is we have filled it with pets!

We practically lived together for a while but still rented full time together for about six months first, worthwhile move I think to get used to sharing all the thing that you might not have done before e.g. finances/shopping/housework etc.

I'd personally steer clear of those shared ownership things - they are often flats (I'd never buy a flat, being at the mercy of some property management company to look after the building/grounds etc? No thanks! Had enough bad experiences of that while renting!) and I looked into them a while back and by the time you'd paid the mortgage, the rent on the part you don't own and the ground rent, it worked out more than just buying a house with garden and drive somewhere a bit further out. If you do consider going down that route just make sure you work out the sums carefully!

[benvictors]

Personally id buy, although like said before, the deposits for first time buyers are obscene at the moment.
However,  If you fancy moving to Meanwood in Leeds im renting a 3 bed house up there, fully furnished, PM me if interested bud 

[scottv6]

thanks mate but bit out of the way for me, wanting to stay in wakefield realy, think we might endup renting for 6/12 month see if we get on with general house keeping bills etc, and try save abit at the same time for a morgage.

[Toby]

thanks mate but bit out of the way for me, wanting to stay in wakefield realy, think we might endup renting for 6/12 month see if we get on with general house keeping bills etc, and try save abit at the same time for a morgage.

thats the best idea id say! its hard living together sometimes! my fave is " ill do it tomorow" still use it now, and still works!

[Toby]

and also, do you have furniture aswell? that costs a bomb!! we had 5k that we both saved together, brought bed etc fridge etc etc, didnt buy a new sofa till 5 moths ago on 0% finance! the and we got a few bits from ikea which look ok for a little while then look tyred! so now the house is as good as its going to get with the best stuff we have been able to afford! but im still not allowed a 50" tv.. go figure?

[scottv6]

ha,yea weve got some stuff,and the parents said they will help us out so should be ok.