The Housing Ladder

[Moscow Mule]

We would like to buy a house big enough to raise 2 kids.

For this, I would assume we need a minimum of three bedrooms.

A three bedroom house would cost us in the region of £350-400k in the area where we would like to live.

For us, this isn't really a big deal - we can just about afford it.

If we were both teachers we'd have two options -
1) move somewhere cheaper.
2) don't have kids.

Neither of which appeals really...

[sasguru]

And spend the few hundred K on buying yourself a personality?

Says the chap from Swindon whose sole topic of conversation is about money he doesn't have

[Mich the Tester]

I would like to buy a house big enough to raise 2 kids.

For this, I would assume I need a minimum of three bedrooms.

Are children unable to share a bedroom? If so, do you really need a spare bedroom?

[sasguru]

A three bedroom house would cost me in the region of £350-400k in the area where we would like to live.

...

I thought you lived in London? Can you really get a decent house for 400k in a decent area?

[DimPrawn]

Says the chap from Swindon whose sole topic of conversation is about money he doesn't have

Says the man whose sole topic of conversation is calling everyone a cretin and telling all about how intelligent you are in your opinion.

[Moscow Mule]

I thought you lived in London? Can you really get a decent house for 400k in a decent area?

In the sticks (Twickenham).

[sasguru]

Are children unable to share a bedroom? If so, do you really need a spare bedroom?

Not when they become teenagers.
And yes a spare bedroom is essential I would say (for guests)

[Mich the Tester]

We would like to buy a house big enough to raise 2 kids.

For this, I would assume we need a minimum of three bedrooms.

A three bedroom house would cost us in the region of £350-400k in the area where we would like to live.

For us, this isn't really a big deal - we can just about afford it.

If we were both teachers we'd have two options -
1) move somewhere cheaper.
2) don't have kids.

Neither of which appeals really...

Option number 3) have only one child

[Moscow Mule]

Are children unable to share a bedroom? If so, do you really need a spare bedroom?

Strangely, reducing the bedroom requirement in our area doesn't reduce the cost of the house, you just get more "character".

[Mich the Tester]

Not when they become teenagers.
And yes a spare bedroom is essential I would say (for guests)

A spare bed that can be set up in the living room is not acceptable?