Mortgage before taking a permanent role

[PCTNN]

Also, think twice before buying in London.

I've not gone into details but I remember recent reports highlighting how property prices have gone up this year everywhere in the uk EXCEPT from London.

If you are still convinced about buying there, then as already suggested buy something more affordable; easier to pay the mortgage, definitely easier to sell in the future compared to a 700k property (which might be valued 550-600k in a year or 2).

[uk contractor]

As others have said avoid high mortgages its not sustainable long term as IT salaries will continue to drop due to increased competition. Would not borrow more than £250-300K max regardless of income once interest rates eventually go up £250-300K mortgage @ anything over 3-4% is excessive!!

[GhostofTarbera]

As others have said avoid high mortgages its not sustainable long term as IT salaries will continue to drop due to increased competition. Would not borrow more than £250-300K max regardless of income once interest rates eventually go up £250-300K mortgage @ anything over 3-4% is excessive!!

But average house price is London is £657,154

You could get a box


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