Some of you may already know, but some of you wont, hence the reasoning behind this blog post.

I’ve never been a fan of renting somewhere, certainly when you look at the cost of rent. Luckily my parents have been kind enough to put up with me for this long, and I’ve been able to save my hard earned cash.

Admittedly, when I look at this statistic, I’d probably only been in the position I’m in now as a result of heading straight to work from College and not going to Uni. I’ve saved money into an e-ISA account ever since and have been able to save enough for a deposit. My parents are helping here too which is very kind of them.

If we look harder though at the monthly mortgage repayment rates, they do in fact come in cheaper than your average property rental. So I will in fact have a property I can call my own, and only have to pay bills extra, which makes much more sense to me!

As to location, it’s Northampton which is closer to where I work in Milton Keynes. You go further north from there and property prices start coming right down.

As to what I’ve bought, it’s a 3 bed end of terrace with two parking spaces and a big back garden – big enough for a shed too! A big man shed!

I’m more than happy to answer any questions if you have any about the whole process I’m going through. It’s all totally new to me too and I’m learning as I go.