Discussion
Evening Gents,
Okay, i've got a bit of a dilema on my hands and seem to have a few options handy to me.
Basically, i'm getting on well in my first job at the moment and I'm looking for some advice RE Housing.
Option 1.
Move out now, like I want to and rent an apartment for 600pcm+ bills.
Option 2.
Stay at home. Save deposit. Buy house at 18.
Option 3.
Save up deposit. Rent for 6 months to see If I can 'cope'. Then buy.
Any advice is greatful, never been in this situation before and long time since parents have been in the property game too.
Many thanks.
Okay, i've got a bit of a dilema on my hands and seem to have a few options handy to me.
Basically, i'm getting on well in my first job at the moment and I'm looking for some advice RE Housing.
Option 1.
Move out now, like I want to and rent an apartment for 600pcm+ bills.
Option 2.
Stay at home. Save deposit. Buy house at 18.
Option 3.
Save up deposit. Rent for 6 months to see If I can 'cope'. Then buy.
Any advice is greatful, never been in this situation before and long time since parents have been in the property game too.
Many thanks.
Move out now, rent somewhere with a mate if you can.
Its absolutely, no questions asked the best thing you can do IMO. I'm back at 'home' now and have been for the last few months after 4 years living out/Uni, but looking to be back out again by summer.
Its not about money, or things you can quantify. It just changes you, and gives you the freedom to work out who you actually are.
I'm lucky, I get on with my family really well, and I've got a room in a lovely house. But Goddamn, I cant wait to get my own space back again.
Its absolutely, no questions asked the best thing you can do IMO. I'm back at 'home' now and have been for the last few months after 4 years living out/Uni, but looking to be back out again by summer.
Its not about money, or things you can quantify. It just changes you, and gives you the freedom to work out who you actually are.
I'm lucky, I get on with my family really well, and I've got a room in a lovely house. But Goddamn, I cant wait to get my own space back again.
snotrag said:
Move out now, rent somewhere with a mate if you can.
Its absolutely, no questions asked the best thing you can do IMO. I'm back at 'home' now and have been for the last few months after 4 years living out/Uni, but looking to be back out again by summer.
Its not about money, or things you can quantify. It just changes you, and gives you the freedom to work out who you actually are.
I'm lucky, I get on with my family really well, and I've got a room in a lovely house. But Goddamn, I cant wait to get my own space back again.
The only problem with that is, i'm the only one who left school at 16.Its absolutely, no questions asked the best thing you can do IMO. I'm back at 'home' now and have been for the last few months after 4 years living out/Uni, but looking to be back out again by summer.
Its not about money, or things you can quantify. It just changes you, and gives you the freedom to work out who you actually are.
I'm lucky, I get on with my family really well, and I've got a room in a lovely house. But Goddamn, I cant wait to get my own space back again.
Everyone else is still studying for their AS levels.
Can't afford to move out!
Full time education you see.
sploosh said:
You are 17.
Enjoy some of the money you're earning - don't spend it all on rent / mortgage, you'll be doing that for the rest of your life.
Shared house? - even with people you don't know, hell you can always move out after 6 months.
Without sounding like a cock, the money is so good, I have no idea what to do with it.Enjoy some of the money you're earning - don't spend it all on rent / mortgage, you'll be doing that for the rest of your life.
Shared house? - even with people you don't know, hell you can always move out after 6 months.
So far i've managed to save £8.6k since the beginning of december.
Superstylin' said:
sploosh said:
You are 17.
Enjoy some of the money you're earning - don't spend it all on rent / mortgage, you'll be doing that for the rest of your life.
Shared house? - even with people you don't know, hell you can always move out after 6 months.
Without sounding like a cock, the money is so good, I have no idea what to do with it.Enjoy some of the money you're earning - don't spend it all on rent / mortgage, you'll be doing that for the rest of your life.
Shared house? - even with people you don't know, hell you can always move out after 6 months.
So far i've managed to save £8.6k since the beginning of december.
I bought my 1st house at 21 and it nearly crippled me financially. All my friends were out on the lash and I stayed home because I had no money.
By the time I was 32 I could afford to buy a second house and none of my friends who were taking the piss had enough even for a deposit.
Who is the smug b
d now? Well them actually, they pulled so much totty 
By the time I was 32 I could afford to buy a second house and none of my friends who were taking the piss had enough even for a deposit.
Who is the smug b
d now? Well them actually, they pulled so much totty Superstylin' said:
sploosh said:
You are 17.
Enjoy some of the money you're earning - don't spend it all on rent / mortgage, you'll be doing that for the rest of your life.
Shared house? - even with people you don't know, hell you can always move out after 6 months.
Without sounding like a cock, the money is so good, I have no idea what to do with it.Enjoy some of the money you're earning - don't spend it all on rent / mortgage, you'll be doing that for the rest of your life.
Shared house? - even with people you don't know, hell you can always move out after 6 months.
So far i've managed to save £8.6k since the beginning of december.
king mental with the rest for a few years...If I really wanted to move out I'd go into a share house. Doesn't have to be with your current mates. They're probably the worst people to share with anyway! But good chance to meet new people and contacts, get a cheap room and start being independent in preparation for the 20s 
Of course some people will tell you share houses suck but plenty of others will tell you they've met life friends and had great times in share houses!
Of course some people will tell you share houses suck but plenty of others will tell you they've met life friends and had great times in share houses!
Superstylin' said:
Without sounding like a cock, the money is so good, I have no idea what to do with it.
So far i've managed to save £8.6k since the beginning of december.
The joys of living at home. When you move out you'll have no idea where all the money goes each month. So far i've managed to save £8.6k since the beginning of december.
edited to add...
Make sure you think about all costs you will have when you move out. I heartily recommend you get your own place, if you can afford the following:
Rent
electricity
gas
water
council tax
Tv licence
Content insurance
BT
Mobile phone
Internet connection
Car insurance
Petrol
Car tax
Groceries
Meals out/Beer/entertainment
Then add sky tv if you want it, shopping trips, holidays etc...
Living on your own isn't cheap, but well worth it.
Edited by trooperiziz on Saturday 7th March 20:35
I don't know what I'd do if I were to move out tbh, and I'm the same age as you! But then I did choose the A-level route. I'm guessing you're alot more mature than me Good luck to ya anyway! I'm sure you'll be alot happier in your mid-twenties with a house and stuff tahn I will be just out of Uni! 
Good luck to ya anyway! I'm sure you'll be alot happier in your mid-twenties with a house and stuff tahn I will be just out of Uni! Gassing Station | The Pie & Piston Archive | Top of Page | What's New | My Stuff