[QUOTE="CT"] Is it actually possible to buy a reasonable, inhabitable property for < 60,000 pounds these days?[/QUOTE] You can get a shell of a terraced house in a crap bit of Newcastle for maybe £15k? Would need the same spending on it to make it habitable mind you. And even then you wouldn't want to live there. For £60k I'd imagine you could get a nice flat in many places, just not London or high priced parts.