Flat or house
So I have been researching into whether we should be buying a house or a flat. I have been looking at some of the newly built flats on the net, and some were very tempting.
A one bedroom, newly built studio flat, looked very spacious. It would have no problems accommodating just the three of us, and also the pricing was within our reach (around the 100k mark).
The securities that a flat offers, especially on higher floors, is the main tempting factor. The down side is a possibility of having to live with noisy neighbours.
Another problem with flats is you don’t actually own the land that you live on. It is only leased to you for about 120 plus years. Plus you have to co-own that land below the flat with all your neighbours.
With a house, especially on a first buyer’s budget, means that we will have to except the fact that finding a spacious place will not be easy. This is going to narrow our options down to either a 2 bedroom small house in maybe a good area, or a 3 bedroom in a not so good area.
If we went for 2 bedroom house, it will be ok short term since the little one is still sharing our room. The second bedroom can be used as a storage area.
Long term, we will ideally need a third room for when he is older and need to sleep in his own room.
Currently, we are comfortable living rent free above my parents leased catering business. This at the moment allows us to save most of any income to put towards the mortgage.
Ideally I would like us to live here for a few more years just so we can save for a large deposit for the mortgage, but with recent talk of them growing tired due to many years of working, my parent could decide to sell the business any time, leaving us more or less homeless.
Finding that ideal house will no doubt take some time.
Are you ready to buy a property?
31 Comments on “Flat or house”
Hello,
Can i get a one small pic from your blog?
Hi,
Not sure that this is true:), but thanks for a post.
Thanks
This was a very interesting post thanks for writing it
Great article . Will definitely apply it to my blog
Such an enjoyable read, and fantastic comment.
which pic?
Great article . Will definitely apply it to my blog
There’s no such thing as a hassle-free house hunt unfortunately. The internet has made it a lot easier, I largely used the internet when I was looking for flats to rent but there was still all the negotiating and viewings etc. Not to mention shifting my stuff!
If it becomes urgent, it may be a good idea to go for a property that has everything you absolutely must have in the short term and worry about the long term later. Obviously, don’t make any rash decisions but if your parents do decide to sell the business, you’ll need a back up plan.
It is extremely interesting for me to read that post. Thanx for it. I like such topics and everything that is connected to them. I would like to read more soon. BTW, pretty good design that blog has, but what do you think about changing it from time to time?
And what about adding some more images? I’m not trying to offend anyone, blog is really great. Just according to the scientists people acquire information much more effective if they see some useful pictures.
Whitney Mainfield
cel phone jammer
Howdy
I enjoyed this awesome project in this blog, continue this great work!
It was rather interesting for me to read this post. Thanx for it. I like such themes and anything connected to this matter. I would like to read more soon. By the way, pretty good design you have here, but what do you think about changing it once in a few months? I mean it
Jane Karver
I mistyped this website and luckily I found it again. presently am at my university I added this to favorites so that I can re-read it later regards
Thanks
Pretty cool place you’ve got here. Thanks for it. I like such topics and anything connected to them. I would like to read a bit more on that blog soon.
Hello guys do you’r had other sites ?
Damn, pretty cool topic. How will I find your RSS?
Katty Swingfield
Thanks a lot for writing this, it was unbelieveably informative and told me a ton
Wow, indeed interesting post. How will I get this subscription?
Jane Watcerson
Hi to you all,I read now your hark work in your blog, and I enjoy you are giving good information with good information!
kee up the hard work,see ya
It was very interesting for me to read the post. Thanks for it. I like such topics and everything that is connected to this matter. I would like to read a bit more on that blog soon.
Mary Stone
Thanks.what a lengthy and in depth article but full of useful information
It is extremely interesting for me to read this article. Thank author for it. I like such topics and anything that is connected to this matter. I definitely want to read more soon.
Mate. This blog is amazing. How can I make it look this good ?
Good article, lots of intersting things to digest. Very informative
Rather cool place you’ve got here. Thank you for it. I like such topics and everything connected to this matter. I would like to read a bit more soon.
Joan Swenson
I bookmarked this link. Thank you for good job!
Great work,webmaster,nice design!
Thanks for taking the time to debate this, I feel strongly about it and love studying extra on this topic. If potential, as you achieve expertise, would you thoughts updating your blog with extra data? This can be very useful for me.
Thanks for providing such a great article, it was excellent and very informative. as a first time visitor to your blog I am very impressed. I found a lot of informative stuff in your article. Keep it up. Thank you.
I’m impressed!!! Really informative blog post here my friend. I just wanted to comment u0026 say keep up the quality work.