Is there any disadvantage of getting onto the property ladder

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This topic contains 1 reply, has 2 voices, and was last updated by  MSedparry 5 years, 5 months ago.

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  • #8363 Reply

    Sanni

    I am currently looking to do a career change.
    I am going to be off work for good 5 years, I have saved up some money for 10 % deposit of my first home, just wanted to hear your thoughts if it would be advisable to use that money to fund my course or to use it buy my first home? I will eventually end up renting out after 6 months to repay my mortgage id I do buy that property now. After studying I plan to come back and sell my current property to finally buy my dream house. Feel free to throw any suggestions or recommendations.
    Many Thanks

    #8393 Reply

    MSedparry
    Keymaster

    Hi Sanni

    Really sorry for the delayed reply!!

    If it’s still relevant: What type of course is it… and where would you be buying your property?

    Thanks!

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