Looks like we're priced out around here.

- Pottered around in town earlier; nothing less than 250k.  Nothing of any note, anyway.

- Landlady got back to us today.  The good news is that she's happy to extend the tenancy on as long as we need.

The bad news - she's expecting 275k for the flat.  She's getting valuations done, but it's not sounding

Soo...  we had a chat with an IFA last night about mortgages.  All very good, very informative,  explained everything to us and possibly more besides, very friendly and helpful and doesn't charge us a penny for his services.

As far as I can tell, the upshot of it all is (or why we should buy rather than rent) is to do with building up equity.  At ( Read more... )