Having just picked up my copy of Company’s April 2013 edition I was overcome to write a blog with regards to Lena de Casparis column about choosing to rent rather than buy.
I assume living in London is the epicentre of cool bars, chic nails bars & oozes that unique appeal but for those who don’t live in one of the most over priced cities in Europe I urge you not to give up saving for your dream home yet.
At 21 I broke the norm by buying my first house with my now fiancé. Pretty sweet huh? I never look back & think “what a mistake it was to give up renting.” It has given me a real sense of achievement & I never forget it. There are ways now that can help the first time buyer in whatever location you want. We were lucky with our beautiful little home in the countryside with great links to Leeds & Harrogate, two of the most uber cool towns in the Uk. Living on the golden triangle also makes it so much sweeter.
Our money is paving the way to being all ours and not dead money. We achieved this by buying a house on a shared equity scheme. We only pay 60% of the house price but its all ours. Luckily for these schemes we could put down a 5% deposit. This made it affordable and didn’t break the bank. We can enjoy life at the same time as owning a home. We are still holidaying every year, enjoy delicious meals out, I can get my nails done every month & we are saving for our wedding in 2014. So what I say to all you people out there is, buying your own home is not all doom & gloom. Just go over your options & make sure its right for you before you commit to such a BIG purchase. I love my home sweet home and so should you.
