The truth about becoming single and buying home
Purchasing your residence might be a challenging prospect, especially when you don’t need to you to definitely split up the expenses that have. However, although many pointers doing delivering on assets ladder looks targeted at lovers, what is it love if you aren’t to purchase with a great partner, friend – specifically while in the an excellent pandemic-caused credit crunch – and exactly how is it possible you go they by yourself?
To determine, we requested about three women on individuals degree of your go to display their solo preserving difficulties, and put these to private finance expert Kia Commodore observe the way they might take one to first faltering step on the possessions steps.
“I have already been single for nearly six many years and you will, just like the a journalist, my personal salary is not just on the par that have a professional footballer.
“I’m planning to submit an application for a mortgage, however, I am concerned that we you can expect to be unable to borrow adequate currency with my unmarried income, because the loan providers will give you about four times your income. (mais…)