Recently bought my first property at 26, put a decent deposit down also, BUT what the point of the post is the market at the moment, intrest rate wise also, its so so so so hard to get on the ladder at the moment and alot of companys are dropping 100% morgages nd the minimum is 90% i found so whats the main reason for this, think ive won a watch with the place i bought tbh, anyway my gripe is theres a few ppl local to me who buy up ex council or general properties and rent them out and it seriously fcuk`s up 1st time buyers who find it hard enough as it is, do you think the goverment or anyone can possibly stop this from happening, as it happened to us and it really pissed me off, and 50% of ppl just dont stand a chance which just shouldt be right.
And also intrest rate wise do you think they will rise much in the coming year or fall????? im new to this
current situation is roughly for 90k morgage is going to hurt someone the best part of 600pm + just terrible !!
feel sorry for my younger brother etc who have it all to do in 3 or 4 years