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This is true. You don’t need a £100K deposit unless you want to live in a £1M house, which is not necessary in the UK. If you want to buy a big apartment in cen
by rhubarbtree 1y ago
This is true. You don’t need a £100K deposit unless you want to live in a £1M house, which is not necessary in the UK. If you want to buy a big apartment in central London or a four bed house near London, sure. But most people would consider that a luxury and not a necessity to raise a family.
- extraisland 1y agoMy father just sold his house down south. It was a 4 bedroom house. I think he got somewhere between £500-700k for it. £1M for a house isn't that crazy in the South-West. He bought it decades ago much cheaper.