We’re looking at buying our first property soon. We’ve seen mortgage advisors and are only a few weeks away from having a reasonable deposit. I’m looking at a houses well below what we can lend and there seems to be lots of choice in our area. The issue I’m mulling over is that we’re stuck in a fixed tenancy till September. It has no exit clause and seems I’ll have to pay rent till September regardless. I’ve spoken to a few advisors and family and answer seem inconsistent. Some are saying 6 months, some are saying 3 months. My own parents bought and moved in in only 5 weeks! We’ve been reviewing properties, some with chains some without and seen many houses where I’ve thought ‘yes I could definitely live here’ but then remember I’m stuck in my tenancy till September. I could probably afford to pay a mortgage and tenancy for a few months but wouldn’t have much money for anything. So I’m asking yourselves, how long did it take you to buy and move into your house.

Leave a Reply
You May Also Like