metalmonkey

Just wondered if anyone of you out there are first time buyers like me, or have just bought?

I need to find somewhere, at a rough caluaution I reckon I could afford a place of 200k, but thats really pushing it. You know what that doesn't seem to buy much at all does it?

I was thinking how has everyone else got with a buying place? I know that in about 5 years, my student loan will be paid which will mean I will be over £100/month better off.

I want to find something in north west london and heading furter out in the that direction if price is better for what you get.

I also get the key workers grant thing, but at the current prices it really doesn't seem to make that much difference! The other worry I have is if that I buy a place and the market crashes or mortages go through the roof what then? I know that woud be very heavily in debt which be honest is a little scary., if it goes wrong what would happen then?