Hi, this may sound like a strange question...
Recently my Grandmother has moved into a retirement home and has offered that my wife and I can live in her 2 bed flat for free for as long as we like. The flat is very nice and in a great location. So, this all sounds ideal.
However we are keen to buy our own house, larger than the flat and something that will be big enough for 2-3 kids in the future. Something like this wont be cheap - we have about a 20% deposit for the dream house. So do we stay in the flat rent and mortgage free for as long as possible and do something else with the money or jump in and buy once the prices bottom out and/or we need more space?
The answer may seem obvious at first, but I'd be interested in different opinions about this... thanks
Recently my Grandmother has moved into a retirement home and has offered that my wife and I can live in her 2 bed flat for free for as long as we like. The flat is very nice and in a great location. So, this all sounds ideal.
However we are keen to buy our own house, larger than the flat and something that will be big enough for 2-3 kids in the future. Something like this wont be cheap - we have about a 20% deposit for the dream house. So do we stay in the flat rent and mortgage free for as long as possible and do something else with the money or jump in and buy once the prices bottom out and/or we need more space?
The answer may seem obvious at first, but I'd be interested in different opinions about this... thanks
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