[irresseni]

As some of you may have noticed with one of my threads late last year, I was looking for a job and I have now got one in Southern London that I am very happy with [thumbup]

So I am hoping to move out into Southern London but I am in a pickle with what avenue to take in regards to housing! I don't know much about the renting/mortgage scene, so I need some "external" advice!

I will finally be earning a half-decent amount, so I can afford London rent prices of around £300-£600 pm. However, my Dad is keen for me to get a mortgage - I think it is out of the question in my current situation, but then I see 30% mortgage offers about and it makes me wonder. I am only 22, single and don't have an awful lot for a deposit though.

I do not mind housesharing, which with my current train of thought is probably the best route for a year or two.

So what advice can you give? Are these 30% ownership mortgages worth it? Is house sharing and renting just throwing money down the drain though? What alternatives do I have?

Any advice, even smallest amounts, will be greatly appreciated! [thumbup]