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In the same situation, looking like I need double the deposit to get somewhere half decent while keeping the repayments sensible.
Pro
Same. I’m holding off as much as I can and even applying for second jobs. I don’t know how I’m going to pay for this
Check out fairview new homes, sensibly priced and sensible service charge
Pro
Thank you
Show off
Miss Moneybags
You just need to adjust your expectations like a lot of people trying to get on the market.
Are you looking only in Sloane square or something?
If you're.looking for a first property, galleons reach, pontoon docks, custom house, etc all have great properties incl new builds and are all a sensible commute from the city!
Pro
Are you new here? 500k in Sloane Square will get me a parking lot. Don’t bknow ridiculous.
New builds have ridiculous service charges and are expensive. It’s not work the price they are charging
I have 75k for a deposit but my salary is like 60k, so I cannot afford more than 220k :(
Pro
Would you consider shared ownership? You will qualify. You can find some flats in some nice areas. You could get a two bed and occasionally rent out the second room. I think the tax allowance is £7k a year but you could rent it out for more. This means you can contribute more to your mortgage or build more investments.