Should we buy a cheap house now or wait a few years and buy a better one?

We ve been told by our bank that we can get a mortgage now if we want one but having had a look at what we can afford right now, we re a bit underwhelmed. So we re now thinking of waiting 2 more years and seeing what we can afford then. I m a specialist nurse at the bottom of my pay band so my pay will definitely be going up and my husband is self employed with 2 years of books at the moment and significant increase in profits each year and its likely they will continue to rise for a few more years before falling steady. We adore the house we re renting and the lifestyle it affords us but we simply can t afford to buy anything even close to this. We know we probably never will be and we are fine with making a few sacrifices but not for what we could buy now I don t think but perhaps in a few years. We ve projected our likely income in 2 years and it ll likely mean we can borrow £30,000 more and thats just with my husband having the same figures as now, no increase. Problem is; everyone is telling us this is a mistake and we should just get on the property ladder whilst we can… Buy anything for the sake of buying regardless of whether we love the place or not. What do people think? Any advise would be great!

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