- Apr 5, 2014
- 25,900
I’ve lived in Brighton since I was two years old, apart from a nine month period in Australia and a couple of countryside excursions. In fact, literally in the same triangle area. It’s all I’ve really known.
For many years I have been renting. Never taking a mortgage which I really regret now although perhaps being divorced it may have been for the best. But I’m reaching a cross roads and would be interested in what other folk would do in this situation.
I work from home in a job that pays enough to keep me going and put small amounts away. Although I’m not convinced the job will last more than two or three years. I can afford to rent my flat, in a prime area, because the landlord charges me well below the going rate. It’s in his interests to do so as well because in a couple of years he will be selling. But, for this reason, I need to pre-empt the problem.
If he sells I cannot remain in Brighton in any decent standard of accommodation at this rent. No chance. And I don’t really want to live anywhere other than this particular area. I know the issue is looming and I need to put serious thought to it.
A mortgage is a bad idea for a number of reasons. I’m in my 50s and cannot claim benefits if I did come out of work as I would be above the threshold. I would have to pay my own way. I have always had a love affair with the North and could afford to buy a small flat outright in a number of reasonable areas. In Scotland, the same. But not in Sussex, it’s just too expensive. But it’s a huge change. I know that at some stage I will have to leave behind everything I have known anyway because once he sells that the end of my time here.
I don’t have trouble getting to know folk. I know a few in Yorkshire and across the central belt in Scotland. I am still friends with an ex in Glasgow (no going back !) and, as it stands, I could take the job with me. But it’s a massive move.
I have thought about retirement flats. I have a great relationship with older folk. But they are cheap for a reason and other costs can spiral as there is no control.
I’d just be interested to know what folk in my situation would do. So many considerations. All is well now, but any choice I need to get right.
For many years I have been renting. Never taking a mortgage which I really regret now although perhaps being divorced it may have been for the best. But I’m reaching a cross roads and would be interested in what other folk would do in this situation.
I work from home in a job that pays enough to keep me going and put small amounts away. Although I’m not convinced the job will last more than two or three years. I can afford to rent my flat, in a prime area, because the landlord charges me well below the going rate. It’s in his interests to do so as well because in a couple of years he will be selling. But, for this reason, I need to pre-empt the problem.
If he sells I cannot remain in Brighton in any decent standard of accommodation at this rent. No chance. And I don’t really want to live anywhere other than this particular area. I know the issue is looming and I need to put serious thought to it.
A mortgage is a bad idea for a number of reasons. I’m in my 50s and cannot claim benefits if I did come out of work as I would be above the threshold. I would have to pay my own way. I have always had a love affair with the North and could afford to buy a small flat outright in a number of reasonable areas. In Scotland, the same. But not in Sussex, it’s just too expensive. But it’s a huge change. I know that at some stage I will have to leave behind everything I have known anyway because once he sells that the end of my time here.
I don’t have trouble getting to know folk. I know a few in Yorkshire and across the central belt in Scotland. I am still friends with an ex in Glasgow (no going back !) and, as it stands, I could take the job with me. But it’s a massive move.
I have thought about retirement flats. I have a great relationship with older folk. But they are cheap for a reason and other costs can spiral as there is no control.
I’d just be interested to know what folk in my situation would do. So many considerations. All is well now, but any choice I need to get right.
