The strange thing with mortgage companies is they will refuse a mortgage for £600per month although they are paying in excess of a £1000 a month in rent as they haven't saved thousands of pounds for deposit.
The safest way nowadays is something that some Housing Associations are doing you take a percentage mortgage where you pay so much mortgage and so much rent and as it goes on you increase the percentage of the mortgage and reduce the rent percentage.
A fair few are getting on the property ladder this way.
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