Me and my mortgage woes

Why buy a house

Me and my mortgage woes

Fidy Says

Why buy a house

31st October 2007

Where to start with my new blog? The beginning of course! Why should you buy a house rather than rent?

The first problem most people encounter is why they should buy a house rather than renting. For many the very thought of buying a property and having a mortgage can be so daunting that they simply block it out and continue to rent properties. The simple truth is that paying a mortgage can often work out the same as it’s currently costing you for renting a property! There are of course many things which will determine the cost of your mortgage such as your age, income, deposit and such like so I’m afraid I can’t give any hard and firm answers on which is cheaper for you.

As an example there are currently 2 bedroom flats in my local area which cost £750 a month, if you look online you can a similar property in the same area and then find a mortgage comparison website to get a rough idea of what the monthly mortgage costs would be. For me it wasn’t much more than the £750 rent and that was with a very small deposit! So check it out now and just see if it really will cost you more to buy than paying rent and ultimately paying someone else’s mortgage!

Amy x

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New mortgage woes blog!

30th October 2007

Hey readers!

I finally managed to buy myself a domain rather than relying on free redirection websites. I decided that it was about time to move on from blogspot and onto a wordpress blog so that I had more control over my content and add-ons. Fear not though, I will still be writing about my continuing mortgage woes and giving out advice to my readers who are in similar situations.

Unfortunately I’m unable to bring over my old posts and comments, so if you did leave a comment asking for advice on the old blog I’m afraid you’ll have to post it again here!

For any new readers out there who aren’t quite sure on what my blog is about then read my About page to get filled in :)

Amy x x

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