Friday, 20 February 2009

Buying A House

OOh ooh oooh! I am so excited. Ed and I are buying a house together. It just seems like a natural thing for us to do.

Okay, well, we haven't picked out the exact house yet, but looking for somewhere near where we already live, ideally a period property with a garden.

We've done the first bit, which is got our heads around the baffling world of mortgages. I won't bore you with details, but the important thing to know is that we can afford somewhere, maybe a two or three bedroom house.

The next step is really about finding the right place, checking it over and making an offer. I understand that the market is so poor at the moment that sellers are accepting cheeky offers of 20% below asking price. I think that despite this, there are not that many folk buying, especially first time buyers, because without a decent deposit, mortgages are very expensive. But we are lucky enough to be able to put down a good deposit.

It's a bit like everything has conspired in our favour and I'm just stupidly happy right now, hooray!

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