So yes, there are options that are cheaper than I posited, but it's still hardly the $400 a month for a house you see in the US.
To buy, for under £150k, all I can see is garages, boats, and sub-decade leaseholds - you can't live in a garage, a boat costs a fortune to maintain and moor, and a six year lease for £150k is a bum deal in my view, and not really ownership.
The cheapest room I can find in a flat share is £550 a month - although for the numbers you mention, you could rent an outdoor parking space.
http://www.rightmove.co.uk/property-to-rent/find.html?locati...
So yes, there are options that are cheaper than I posited, but it's still hardly the $400 a month for a house you see in the US.
To buy, for under £150k, all I can see is garages, boats, and sub-decade leaseholds - you can't live in a garage, a boat costs a fortune to maintain and moor, and a six year lease for £150k is a bum deal in my view, and not really ownership.
Would love to be proven wrong.
http://www.rightmove.co.uk/property-for-sale/find.html?locat...