My daughter got keys to her first house a week past Monday. I hummed and hawed on the best advice - I was originally just wanting her to walk away and reconsider in a few months - maybe house prices would fall etc.
At end of day this is the start of a long ownership, its her home, not an investment plan. There will be ups and downs over the ownership period.
The clincher was she had a 95% mortgage, but as the interest rates got slashed again, the banks all pulled their low deposit mortgages.
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