Property News · September 11, 2017

When is the right time to buy a property?


I have savings, currently rent, but might not be in the area for more than a couple of years. Should I buy?Q I live in a university town in the south-east of England. I am contracted to stay here for two years. After that I may or may not get another job in the same town, but I’m not so attached to it that I’d want to stay if there wasn’t the compelling reason of a job.I have £280,000 invested offshore (a combination of life savings and proceeds from the sale of a flat) which is earning capital growth of £2,000 a month. I am single and paying only £400 a month in rent in cramped quarters. I could probably get something more comfortable for about £800 a month. Continue reading…

Source : theguardian.com
Read more…When is the right time to buy a property?

You may also like...