dannymccann
Member
Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
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Me and GF are both 20, Im second year uni student going into 3rd in september, she is full time £14k gross and I work part time, probly £4k gross a year + all my student loans and grants. We currently rent a 2 bed terrace, breakdown of our bills for you incase you need a head start
PER MONTH
Rent - £450
C/Tax - £65 (single person discount as I am student)
TV License - £27
Gas - £30DD, currently using £12 - £15
Electricity - £20DD, currently using £12 - £15
Water - £36 (unmetered)
Food - £150 - £200 (depends whether we buy any wine etc)
Takeaways - £30
Car expenses - £cant put a price on it, changes every pissing day
Phoneline + BB - £36
This may help you in case you forgot anything on your bills you have already done. Dont forget if you are buying you will also need to furnish and if anything goes wrong like boilers etc you have no landlord to put a new one in!!
Edit -
Contents Insurance - £Depends where you live but ours is £10 a month
If you buying most people will recommend building insurance too
[Edited on 07-06-2008 by dannymccann]
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Tom B
Member
Registered: 23rd May 05
Location: West Midlands
User status: Offline
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im 18 got my own flat, its good for freedom, but it takes the cash out your back pocket and i miss mommys meals 
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BigSte
Member
Registered: 27th Aug 02
Location: Sheffield
User status: Offline
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moved out at 19, got a mortgage. At the time our joint income was about £21k per year.....now it's about £31k but the wife only works 2 days a week now 
Effectively means my rise in wages over 4 years of about £14k is damaged by the missus cutting down her days!
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cunningham
Member
Registered: 25th May 05
Location: Lochore, Fife
User status: Offline
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i moved out at 20 with the gf got a new build flat next to the sea was mint stayed with a2 of our closest friends basically i wanted to see if i could live with the gf its a diffrent story seeing them everyday thatn living with them
after 5 months we started to look for a property and bought our first house me 21 and she 19
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Brett
Premium Member
Registered: 16th Dec 02
Location: Manchester
User status: Offline
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Moved out first when I was 18. In my 4th gaff now.
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Daimo B
Member
Registered: 20th Mar 00
User status: Offline
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Moves out at 26. Own house with missis.
I would not be buying a property at the moment.
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chloe16v
Member
Registered: 29th Nov 07
Location: Rotherham
User status: Offline
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moved out 3 months before my 16th moved in with my fella we now rent a council house £59 a week 
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Daimo B
Member
Registered: 20th Mar 00
User status: Offline
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£59pw........
Fcuk me, I pay more than that in electricity I think Let alone the house, + bills
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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Council rent is cheap cheap.
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Kathryn W
Member
Registered: 12th Oct 03
Location: Widnes, Cheshire
User status: Offline
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And so it should be with the state of some of the houses and estates that theyre on
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col
Member
Registered: 1st May 08
Location: cumbria
User status: Offline
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i moved out at 21 with gf to have baby ect ect lol was back at mam dads by 22
she got the lot joys of her being a cheat and haveing the baby
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Toby
Premium Member
Registered: 29th Nov 05
User status: Offline
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i have two houses on a buy to let mortgage, when i move out in two years, when im 21 i will sell up/ or sell to my mum and use the cash from these to buy my own place and sell some shares for a deposit. If you dont want to move out but worried about getting a foot on buy to let mortgages are good way to get on, i put two 15% depositis down and the renters pay the mortgage plus 45 quid extra a month to me
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J da Silva
Member
Registered: 10th Apr 03
Location: The FACTory
User status: Offline
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I was 19 but in 2001 the prices were very different to what they have been lately.It was only a little 2bedroomed semi, but with half an acre of land, when I buy a place I go mainly for landspace rather than the building itself.
I got lucky, business just took off, had a bit of inheritance from a deceased grandparent and I've always been good at saving up before-hand. 
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AK
Member
Registered: 5th Jul 00
Location: Aberdeen City
User status: Offline
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i pissed A LOT of money away before eventually buying...
rented for about 4 years as i was too stupid to save for a deposit.
Bought 2bed flat in edinburgh about 2 1/2 years ago... 10k deposit or so...
Moved to aberdeen last summer, kept edinburgh place and but down a 30k or so deposit for Aberdeen... age 28 (just)
bought into a 2 bed ex council flat in aberdeen earlier this year... Bit of a no brainer as it was a council sale at about 1/3rd of market value
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J da Silva
Member
Registered: 10th Apr 03
Location: The FACTory
User status: Offline
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You could make a return on it short term then if you got it at a pinch.
I still own the home mentioned above, rented it out to my sister at first but she bought her own place within a year, but I bought my dream house nearly 4 years ago, and even extended onto it another 1500 sq ft.  I can get lost from the other half when she's nagging.
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Becky1989
Member
Registered: 21st Jun 08
User status: Offline
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Got a mortgage at 18, boyfriend was 25
Absolutley love it no nagging parents;
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neoquip
Member
Registered: 12th Aug 02
Location: Nottm
User status: Offline
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moved out a month before my 31st birthday three years ago
bought my
1st house in 1996
then bought a studio flat in 1999
then another studio flat in 2002
bought a 1 bed flat (the one i moved into) in April 2005
then three more studio flats at the end of 2005.
Bought (with the wife) our house (we now live in) 2006 when we got married.
Still have all the above....... and yes I do sleep at night.... JUST!!!
[Edited on 17-08-2008 by neoquip]
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CorsAsh
Member
Registered: 19th Apr 02
Location: Munich
User status: Offline
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23, rent, no mortgage.
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coldanconversions
Member
Registered: 26th Mar 08
Location: West Yorkshire
User status: Offline
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i moved out at 19 and my partner was 16. (she was pregnant)
i bring home around the £2.5k a month mark she brings nowt lol.
we have rented since moving out im 22 now.
we pay £600 a month rent plus bills etc etc total up to £1500 a month plus food and fuel. and we got our second baby due in november
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luke85
Member
Registered: 26th Nov 07
Location: Chesterfield
User status: Offline
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quote:
Originally posted by nova_gteuk
Im 25 and still live with daddy.
and the state the housing market is in ill probably be here till im 50+
Have you seen the recent figures and trends for house prices? Id start saving your deposit now and buy in 2 years when house prices have fallen by 40-50%
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