Would you buy this house ?

Soldato
Joined
30 Jun 2006
Posts
6,191
Location
Horsham
Ever thought of leaving your car at work during the week/on call period, then taking it home when you are off? Commute in most days then drive back and forth once a week or something. If you did that then you could probably go towards South London where it is a bit cheaper.
 

Jez

Jez

Caporegime
Joined
18 Oct 2002
Posts
33,073
I thought mortgage rule of thumb is 2.5-3.0 x income?

I think it is fair to say that very very few substantial property purchases are mortgaged at anything even approaching the levels you seem to be imagining they are.
 
Soldato
Joined
5 Jun 2008
Posts
6,240
Location
Portsmouth/Fareham
To echo others around here I wouldn't pay £850k for that place, regardless if I had help or money didn't even matter.

As said the main things that would bother me:

- £850k for a shared drive/no garage?
- Main Road
- Watford

There are many surrounding areas of London that are nicer and similar in commuting distance where you will get more for your money. Places I am thinking of roughly: Hertford, St. Albans, etc.
 
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