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Buy curious. Need advice

the_dazzled [Edit] [Delete] 14:56, 31 July '13

So here's another thread about housing, house prices, the housing bubble, and someone who doesn't know what to do with their life...

I'm approaching 30, and may soon be able to scrape a meagre 10% deposit to buy a 1 bedroom flat in forest hill, brockley, new cross sort of area.

Is it even worth it? I'll be buying on my own, as I haven't been going out with my other half for that long and she doesn't have any savings yet anyway...

I'll probably need something bigger in 5 years, so I'm not sure if its worth taking the plunge now. According to zoopla, prices went up by £18k avg in some of these areas.

Feel like this might be my last chance to be anywhere near London.

I earn £31k, which as a single income in London won't stretch very far.

Thoughts? Anyone bought a one bedder?


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