Cost of living crisis - how are you all doing?

My sister told me that her new mortgage payment will be £2,700 pm from March. Made my eyes water!!!

She bought the house for about £430k during early COVID (to be fair it's worth about £75k more now) which seemed a good deal at the time...

I think they can manage but it seems a lot and so many people must be in the same boat where it becomes unsustainable for them.

crazy, she London ?
 
It's only M&S chickens wot can lay M&S eggs.
It's how they reared that makes them M&S chickens.

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crazy, she London ?
Most "good" areas up north are now 400k+ for a 3/4 bed. Difference between the north and London is that same 400k buys you a house in somewhere like Dagenham, Enfield or Croydon none of which are then nicest of places.
 
Mines gone up £650
We're looking at £1200 a month extra in March on ours (nice village in Surrey but nothing special in terms of house) - added to the £1800 a month I've got to find for second kid's nursery starting in Jan, looking a bit grim!

Silver-lining being it might finally let me win the argument for moving back North.
 
We're looking at £1200 a month extra in March on ours (nice village in Surrey but nothing special in terms of house) - added to the £1800 a month I've got to find for second kid's nursery starting in Jan, looking a bit grim!

Silver-lining being it might finally let me win the argument for moving back North.
It's a joke mate I feel for you.
 
I earned a good amount more in London but it was eaten up with the cost of living there.

I live just outside , costs me £35 return to go London on train. People wonder why some want to work from home.

I can easily do the same job from home.
 
I live just outside , costs me £35 return to go London on train. People wonder why some want to work from home.

I can easily do the same job from home.
I meant more rents and doing things. I cleaned up after we sold a family home (mums parents were from Canning Town) but it was just so expensive.
 

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