I had resigned myself not to keep looking at flats, putting it off until after Christmas when we'd both been at our jobs longer, had a little more money and had a better credit rating. This week three flats have come onto the market which seem to tick most of our boxes and I've scheduled appointments for us to see all three for tomorrow afternoon- fingers crossed we find something! So far I think we've seen around ten and its getting a little tedious.
Showing posts with label houses. Show all posts
Showing posts with label houses. Show all posts
Friday 7 December 2012
Monday 24 September 2012
We've (almost!) done it... I think
This month was quite a good one for myself, as I managed to earn about £400 approx extra for leaving my last job with holiday to spare. I spend a couple of hundred on new clothes and shoes as my wardrobe was looking quite empty and scruffy. However I did sell half of the vouchers I got from my last job to my sister so that covered the cost of one pair of shoes (a padded canvas shoe-ideal for walking/cycling as I had to throw my old trainers out).
Other than that though it was a good saving month, I managed to squeeze away an additional £200 into the savings account. And yesterday while browsing yet more property websites I popped onto a well known bank's mortgage advisor. I entered how much deposit we currently have (10%) and the monthly fee came out at £750, under a 5 year fixed term first time buyer exclusive. If we carry on saving we should have a little more, I entered this amount in and the monthly fee came out at £730- not too much difference but am aware that over 30 years this adds up...to roughly £7,000.
So I think (and hope!) we won't have to stay any longer than necessary in the house share (eight months to go!) as long as we get the mortgage approved (credit score hopefully improving- need to check soon) and find somewhere we want to buy. I think the plan is to carry on saving, then we can make a more informed decision nearer the time- we may use the extra saved money to buy the sofa, re-decorate etc instead.
The temptation now would be to think the hard work is done, but I guess no amount of savings will be too much. I do know I want to book a sunshine holiday (a bargain type one) in the new year and put my car back on the road too so I have a bit more independence. I can't wait for the new year.
Other than that though it was a good saving month, I managed to squeeze away an additional £200 into the savings account. And yesterday while browsing yet more property websites I popped onto a well known bank's mortgage advisor. I entered how much deposit we currently have (10%) and the monthly fee came out at £750, under a 5 year fixed term first time buyer exclusive. If we carry on saving we should have a little more, I entered this amount in and the monthly fee came out at £730- not too much difference but am aware that over 30 years this adds up...to roughly £7,000.
So I think (and hope!) we won't have to stay any longer than necessary in the house share (eight months to go!) as long as we get the mortgage approved (credit score hopefully improving- need to check soon) and find somewhere we want to buy. I think the plan is to carry on saving, then we can make a more informed decision nearer the time- we may use the extra saved money to buy the sofa, re-decorate etc instead.
The temptation now would be to think the hard work is done, but I guess no amount of savings will be too much. I do know I want to book a sunshine holiday (a bargain type one) in the new year and put my car back on the road too so I have a bit more independence. I can't wait for the new year.
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