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Originally Posted by Steph
How am I ever going to get on the property ladder with these sort of prices?
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Don't go for the detached house.
The terrace or the bungalow sound like better bets, and you don't even need a deposit these days as some lenders will lend in excess of the property value
I got a call today from someone who wants a mortgage on a flat in London - they have been given a discount from the council of £38k, and want a mortgage of £52k.
That sounds absolutely fine, except that it is in a high rise concrete construction block of flats.
I love my job sometimes...
