I'm lucky to have managed to get on the ladder in 02 cost me £130K though! Me and the old dear stretched ourselves for our first house so it was a house in theory we would never need to move from.

Value had gone up to about £225,000 which is stupid for a 3 bed terrace but about £200,000 would be a better estimate at the moment!

Fortunately we are on a fixed rate at 5.39% at the moment but absolutely bricking ourselves about when the fixed rate runs out next April!!!!!!!! We are looking at least an increase of 1% probably closer to 1.5% on a mortgage on about £118k.

Its an increase of about £80-100 a month!!!!!!!! Can manage it but it will be tight not happy at least we shouldn't be at risk from negative equity!

Everything else is silly money now too absolutely everything is going up except my poxy pay!!!!!!!!

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Alan

Thweeerp!