Hi all,
Okay, as some of you know, i've had a tough year, with my fiance and i in an expensive legal fight to keep her in the country (she's african), during which time she was not allowed to work.
Anyway - the case was resolved last week, and she can now stay permanently, and return to work.
So, we can finally get our lives on track and start thinking about buying our first home (not that we can get a joint mortgage).
Unfortunately after the legal bills, we've been left with nothing and have to start saving for a deposit... but i cant be arsed...!!
To get a good sized house i need a deposit of £20k which will take us a good 3 years to save, during which time i will have wasted another £20k on rent
So - can anyone advise on what options thre are for first time buyers like us? Any help would be much appreciated...! (and thanks to Sarnie for some advice already )
I've just been reading about 'Shared Equity'... can anyone advice on pros/cons? (and does it even exist anymore?) Are there any other schemes like this?