Wisdom needed - decisions ahead - please pray
Especially regarding housing. Here's the background:
1) We have a deposit from the sale of our house in North Wales. It's currently sitting in a "high interest" account, gaining a small amount of interest! It would be better off being in bricks and mortar.
2) Our bank would entertain a mortgage application from us. We wouldn't have to wait two years or anything like that.
3) "We" currently pay 1020 euros rent a month (600 pounds) for a super house that is just big enough. This rent will increase by about 30% (in line with housing market) every three years, of course.
4) Housing in Bordeaux is expensive. With a mortgage we MAY JUST be able to afford a house big enough to live in nearer the kids' schools, perhaps in Pessac or in Merignac, or somewhere else if we can't find anything there.
5) Alternatively, if we can't afford something with three bedrooms we'll look for something small in the centre of Bordeaux to buy and rent out.
1) We have a deposit from the sale of our house in North Wales. It's currently sitting in a "high interest" account, gaining a small amount of interest! It would be better off being in bricks and mortar.
2) Our bank would entertain a mortgage application from us. We wouldn't have to wait two years or anything like that.
3) "We" currently pay 1020 euros rent a month (600 pounds) for a super house that is just big enough. This rent will increase by about 30% (in line with housing market) every three years, of course.
4) Housing in Bordeaux is expensive. With a mortgage we MAY JUST be able to afford a house big enough to live in nearer the kids' schools, perhaps in Pessac or in Merignac, or somewhere else if we can't find anything there.
5) Alternatively, if we can't afford something with three bedrooms we'll look for something small in the centre of Bordeaux to buy and rent out.
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