Would you.....

sdfuk · 13 Jul 2008 at 22:23

OK, my wife and I are in a position to buy a house. I'm fairly risk averse at the moment but the wife is desparate to "be in her own home" so would you

(a quick survey)

1) buy a house now
2) how long would you wait until purchasing

Cheers
S

ps I say 1) NO and 2) 2 years

sdfuk · 13 Jul 2008 at 22:31

rent a great house at the moment (although pricey), very quiet location but last winter I had to put mastic around most of the windows as they were so useless (old metal frames which have buckled) and then put up secondary glazing. Basically, we're prepared to put up with that for location.

sdfuk · 13 Jul 2008 at 22:50

based on a 6-7% fall in prices since aug 2007 we've already saved money by renting so renting is a good choice at the moment so long as there is a continuing downward trend

sdfuk · 14 Jul 2008 at 14:38

Ideally - I'd love to get a bit of land and build but it still too expensive - some estate agents are still trying to blag higher prices.