To be fair - I know so many people on the same situation. My partner and I bought our house a couple of years ago when interest rates were very low and our mortgage is £1100 a month - if we had been trying now our mortgage payments would be £550 extra a month because of the higher interest rates and we definitely wouldn't have moved forward with the purchase. We are lucky that we got a 5-year fixed deal but if we had only done 2 we would probably be looking at selling and downsizing right now.
To be fair - I know so many people on the same situation. My partner and I bought our house a couple of years ago when interest rates were very low and our mortgage is £1100 a month - if we had been trying now our mortgage payments would be £550 extra a month because of the higher interest rates and we definitely wouldn't have moved forward with the purchase. We are lucky that we got a 5-year fixed deal but if we had only done 2 we would probably be looking at selling and downsizing right now.
This is true/ interest rates are crazy and i was also lucky with a fixed rate. But these guys spend like crazy, always several hauls, constant eating out , all the make up and skincare and clothes...
If you think the current house was a lot, the new one they are moving to is even more! Such a lot of money to spend on rent, like do what you want but is it necessary
If you think the current house was a lot, the new one they are moving to is even more! Such a lot of money to spend on rent, like do what you want but is it necessary