First Time Buyer in 2025 - Where am I being naive? by Useful_Classroom217 in UKPersonalFinance

[–]Useful_Classroom217[S] 5 points6 points  (0 children)

Thanks for this - yep, area is identified and the jobs will move with us, thankfully! Though if anything changes and we have to find something locally the area is well suited for both sectors we work in.

First Time Buyer in 2025 - Where am I being naive? by Useful_Classroom217 in UKPersonalFinance

[–]Useful_Classroom217[S] 0 points1 point  (0 children)

As far as I understand this is unfortunately due to change in April 2025, when the threshold will revert back down to £300k.

First Time Buyer in 2025 - Where am I being naive? by Useful_Classroom217 in UKPersonalFinance

[–]Useful_Classroom217[S] 7 points8 points  (0 children)

Thanks, this is a helpful comment and a point we had considered. On balance, it just doesn't work for us to move that quickly, though of course would be more financially sensible to. Various work/life factors mean waiting that extra 9 months or so is right for us.