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To a large degree: "what grant said". I add to that that if you're on 70K, while it seems like a lot of money p.a. to many of us here (including me!), it's not if you're planning to buy a half-way nice place to live in (I'm guessing from the location you've posted next to your member details) Bristol. A semi-responsible mortage lender will lend you, say, 4-5 your salary, so that's 280 - 350,000, which will get you a small place in an ok part of Bristol, if you're lucky, and a lot less than that if you decide to buy (as many posters have assumed is your plan) in London. Don't want to come over all boring, but those seem (not taking into account any funds you may have inherited / any contribution to this your partner may be able to make etc) to be the bare economic facts, more or less.
I've no real idea of your future hopes and dreams beyond an impression you want to build a happy, safe and stable life for a future family. I do know, though, that you're in a position to re-think things. You're young, you're childless, you're pulling in enough money to (I assume) allow for a few month's break to mull all this over. Go for it, and very good luck! |
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