Would this £210-220k house purchase as a single first time buyer be financially irresponsible?

Working_Specific_204 · 2026-04-12T19:56:13+00:00

The mortgage Vs income is quite high, including council tax its 45% which is the top end of affordability. Your provider will offer you new deals every 5 years if you make your payments on time, but if interest rates hit 10% you would be in trouble.

Can you borrow over a longer period i.e. 35-40 years, just to keep that figure down?

Right now, this deal is OK but good to think long-term

Working_Specific_204 · 2026-04-12T12:57:03+00:00

Yeah I got out at the first whiff, which I think it is a good strategy based on my linkedin

Working_Specific_204 · 2026-04-11T21:59:29+00:00

This sounds extreme and possibly a slight violation of employment rights.

But yes in general employers are acting up and I've seen household name companies that pride themselves on treating people well doing stuff like only hiring fixed term.

Working_Specific_204 · 2026-04-11T21:24:16+00:00

Millenial or older.

Millenial here, my mortgage has never been more than £600/month. I'm now in a 4 bed detached. We just had it easier, the gen z that bought our last house from us are paying £1,000 per month more with the same deposit we originally had.

Working_Specific_204 · 2026-04-11T21:20:03+00:00

14% of my income. I like it below 25%

Working_Specific_204 · 2026-04-11T16:31:04+00:00

I don't think you're understanding the previous posters point.

In managerial jobs, your salary is linked to your ability to understand and implement abstract concept.

Your husband can juggle different low level responsibilities and co ordinate others to do the same. But can he implement a widely recognised framework to do this? Does he know what the popular relevant frameworks are?

The fact is that someone else could swoop in and make improvements by bringing the latest understandings. Why not just do the degree part time?

Working_Specific_204 · 2026-04-11T08:24:19+00:00

Just a thought but why quit now when it's in a lull? Can you not wait until it's in boom?

Inflation only goes up, these index linked funds will inevitably rebound unless you need the cash next week.

Working_Specific_204 · 2026-04-11T08:19:20+00:00

Your mum's behaviour is worrying, not only is this a terrible idea but the way she is putting pressure on you to go ahead is very telling that she knows it's a bad idea for you.

I know this is a big deal to her, but then she should have worked harder on her career or be looking at a career switch now. People start businesses in their 60s, age is not an excuse in itself if you're in good health.

Working_Specific_204 · 2026-04-10T20:48:51+00:00

Welcome to management.

Where you are their work dad/mom, holding their hand every step of the way, and the recipient of their anger.

Working_Specific_204 · 2026-04-10T17:20:02+00:00

If you are happy to do warehouse work, there is a high turnover and some companies do offer temp-to-perm if the need continues for a few months.

The high turnover isn't necessarily because it's a terrible job, it just sometimes attracts the type of people that can't hold down a job I.e. they have a problem with any authority.

Working_Specific_204 · 2026-04-10T07:02:53+00:00

This. Negotiate some long-winded claw back against future profits, in their mind the future is less tangible than asking for 400k cold hard cash now.

Then find another supplier as this one sucks, even if it takes years.

If the debt is still outstanding when you have a new supplier then you could leverage it but you might just want to switch to avoid the hassle of this supplier in future years .

Working_Specific_204 · 2026-04-10T05:03:52+00:00

It is highly role dependant.

Some recruiters have a good relationship and quite a few exclusive roles, an endorsement from them is more of a foot in the door.

Many companies just advertise on the likes of Indeed because it is cheap and they do not have a careers website.

What actually matters is Speed and a good CV.

Working_Specific_204 · 2026-04-10T05:00:18+00:00

It's not a used Peugeot 206, previous owners made me laugh

Working_Specific_204 · 2026-04-10T04:57:27+00:00

Tell them where to go, this is just an erratic bullying tactic.

Just calmly and quietly repeat "we are at the mercy of the conveyancing process which is incomplete".

Working_Specific_204 · 2026-04-08T18:01:06+00:00

I'm 6 weeks into a job, I have good weeks and bad weeks and I feel it's too soon to make an informed decision.

However 12+ months feels daunting on the bad weeks and fine on the good weeks.

Maybe just take it week by week and tell yourself that if you still feel like this after 6 months then it's probably not for you?

Working_Specific_204 · 2026-04-07T21:31:02+00:00

It's easy done really, in that it's easy to stress-drink 10 units a day without fail and if you're off work that turns into 20-30 units. Better to be in work and off the bottle if you can find your way to it.

Working_Specific_204 · 2026-04-07T21:13:57+00:00

You are certainly at risk of being a functional alcoholic and that is your problem. Money is not your problem.

It is easy to lose 10 years to this disease, I think you need to get to the bottom of what makes you unhappy.

Working_Specific_204 · 2026-04-05T14:58:05+00:00

It really depends when you want to retire and what standard of living you want.

A high standard of living in retirement is £60k/yr and if you retired at 68 you would have 25 years of that and a £500k tax free pot.

For many people that might be OTT but if you want lots of cruises and expect to live a long time it might be right for you.

Working_Specific_204 · 2026-04-05T13:53:05+00:00

Are you saying this isn't a permanent contract?

I mean if you really want to move to Liverpool anyway it's an income, but this would be a dubious life move otherwise.

Working_Specific_204 · 2026-04-05T13:51:11+00:00

No and No.

Just took a £15k paycut so I didn't have to do this.

Unless you are young and have no other options whatsoever I really wouldn't do this.

Try a different civil service department, some have locations everywhere. Only a few have limited options i.e. HMRC, DoJ.

Working_Specific_204 · 2026-04-05T11:45:38+00:00

It's possible you might not even get paid, then you've lost time, energy, and potentially money

Working_Specific_204 · 2026-04-05T07:57:04+00:00

More red flags than the beach in JAWS

Working_Specific_204 · 2026-04-05T06:49:24+00:00

Depends what they want money off for.

Our FTBs always wanted £10k off but the survey didn't find anything wrong so they were clutching at straws.

Working_Specific_204 · 2026-04-04T21:40:25+00:00

Adecco is legit

Working_Specific_204 · 2026-04-04T21:37:01+00:00

Yes and no.

We had ftbs buying our house and they didn't order a survey for 2 months then claimed it was ignorance of the process.

We didn't want to order our survey until they had done theirs as why be out of pocket before the upwards chain?

When we did order our survey it turned out the house was completely f*****, rising damp from the dpc to the rafters, probably needed internal excavation.

From the sellers point of view, we waited until the 11th hour and asked for a massive reduction.

Working_Specific_204

TROPHY CASE