DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - I got offered a new job

**irresseni** · 01-15-2009, 01:44 AM

Thanks for the extra opinions again. I agree Sumbernix, renting is not the most ideal situation, but considering these factors:

What I can afford right now
My lack of knowledge of the housing market (although compared to two days ago I have learnt a crapload!!)
The current market climate probably not looking favourably upon me to lend money (been in FT work for 15 months since university, but still young and immature without a partner for support)
Lack of a decent deposit sum
A student loan to finish paying off

However, one thing I do have is job security - my line of work is IT, but in educational environments, and right now this sector is pretty unaffected by the world around it - kids still need education! I have been told that job security will be a non-issue, hence why I have gone for this and not another in a private firm offering an extra £1500 per annum.

My sister also lives in London (Archway) so I do get a rough idea of what life will be like, so that's not too much of a problem I hope!

I am going to London Saturday to look at regions to live in with her, but realistically getting a mortgage would probably be something I can realistically do in 8-12 months - to build up a deposit, gain more experience and hopefully cheaper house prices as I can't see this market recovering any time soon.

01-15-2009, 01:44 AM	#18
irresseni Join Date Oct 2005 Posts 410 Senior Member	Thanks for the extra opinions again. I agree Sumbernix, renting is not the most ideal situation, but considering these factors: What I can afford right now My lack of knowledge of the housing market (although compared to two days ago I have learnt a crapload!!) The current market climate probably not looking favourably upon me to lend money (been in FT work for 15 months since university, but still young and immature without a partner for support) Lack of a decent deposit sum A student loan to finish paying off However, one thing I do have is job security - my line of work is IT, but in educational environments, and right now this sector is pretty unaffected by the world around it - kids still need education! I have been told that job security will be a non-issue, hence why I have gone for this and not another in a private firm offering an extra £1500 per annum. My sister also lives in London (Archway) so I do get a rough idea of what life will be like, so that's not too much of a problem I hope! I am going to London Saturday to look at regions to live in with her, but realistically getting a mortgage would probably be something I can realistically do in 8-12 months - to build up a deposit, gain more experience and hopefully cheaper house prices as I can't see this market recovering any time soon.
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