We live in a flat in Whitechapel in London which we bought in June 2016.
But even though I had enough for a five per cent deposit I couldn't get a mortgage on my own because my salary wasn't enough on its own. A few years back she introduced me to the guy who's now my boss so I decided to return the favour and asked if she wanted to buy somewhere with me.Let's talk money. How much did you pay for it and how does it work between two friends?I was lucky because my mum and step-dad said they wanted to gift me £40,000 towards buying which meant we had enough to put down a bigger deposit and get a better mortgage rate.
That meant I could save most of my cash so by the time I moved back to London, I had £20,000 in savings.GETTING on the property ladder can feel like a daunting task but there are schemes out there to help first-time buyers have their own home.- It's a tax-free savings account where for every £200 you save, the Government will add an extra £50. But there's a maximum limit of £3,000 which is paid to your solicitor when you move.
They don't look as nice as a converted house out in zone four but they're massive inside and far bigger than anything we could get further out.I bought the furniture for my room and the communal areas and Dom bought the furniture for her room.We decided that we wouldn't buy it together because it made it so much more complicated if one of us wanted to move out.It wasn’t hard at all. People always say how stressful it is but ours was super straight forward.