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Buying a flat whilst at uni - possible? watch

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    (Original post by Saoirse:3)
    Indeed, and that's with a VERY generously low price on the house. I don't know many part-time student jobs paying £20K...
    http://goo.gl/e7GWyx

    ( So I did a quick search on Right move for 150k priced places), Bare in mind it is a starter type property. Also one thing it highlights is shared ownership could be a way onto the property ladder is get a 50% share of a 300k type property to get started.

    By looks of the above links, you could perhaps grab a studio flat etc for that kind of price. The point could be made it is easier to get a flatshare in a good location than for a working student to stretch and get onto the property ladder.

    Secondly

    http://bfy.tw/2jom

    Student jobs paying 20k, it could be something antisocial like a night shift in a big corporate firm, or even some big corporations have tedious roles ( eg night time trade assistant in an investment bank) or which could enable one to work from home and balance being a student ie study time with work time if you can secure the right role / know the right people.

    Yeah it might be a generously low price, but I think its viable, but the reality is you could rent something probably that would be nicer and less stress free than buying a box /studio flat in London given the OP has 20k cash!!
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    (Original post by ebam_uk)
    http://goo.gl/e7GWyx

    ( So I did a quick search on Right move for 150k priced places), Bare in mind it is a starter type property. Also one thing it highlights is shared ownership could be a way onto the property ladder is get a 50% share of a 300k type property to get started.

    By looks of the above links, you could perhaps grab a studio flat etc for that kind of price. The point could be made it is easier to get a flatshare in a good location than for a working student to stretch and get onto the property ladder.

    Secondly

    http://bfy.tw/2jom

    Student jobs paying 20k, it could be something antisocial like a night shift in a big corporate firm, or even some big corporations have tedious roles ( eg night time trade assistant in an investment bank) or which could enable one to work from home and balance being a student ie study time with work time if you can secure the right role / know the right people.

    Yeah it might be a generously low price, but I think its viable, but the reality is you could rent something probably that would be nicer and less stress free than buying a box /studio flat in London given the OP has 20k cash!!
    All I know is that right now there's graduates barely getting over £20K full-time. I don't think part-time jobs paying that much are exactly growing on trees.
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    (Original post by Saoirse:3)
    All I know is that right now there's graduates barely getting over £20K full-time. I don't think part-time jobs paying that much are exactly growing on trees.
    I know it is possible, but it is hard out there! So take what you can get work wise! Get experience etc

    But fundamentally if you have a good job + a deposit and there is a property available, its not a bad idea to try to buy a place, but generally most people would be in a position where they don't have a 20k deposit but could have a job or value renting in a good location vs buying a cheaper property in a less good location... depends on the compromise really.
 
 
 
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