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Is it better to wait a year and then have more savings for a deposit or should I buy a soon as I can?
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Hi there

Is it better to wait a year before buying in which time I should be able to save another 10k and then have more savings for a deposit (and then can either buy what I actually want or put down a 20% deposit which will have a better interest rate than putting down 15%) or should I buy something a soon as I can, even if its just a studio flat, then carry on saving and buy a bigger flat in 2 years?

Is it worth for hassle to buy what you can sooner (I can afford the area I want very soon but it will probably just be a studio apartment) than to buy what you actually want later?

I would appreciate your input.
Many thanks
Jackie

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Posted
3 years ago