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Confused - Not Sure What to do for the best
welshnoonoo
Posts: 257 Forumite
Our house has been on the market since Sept 07. We are in a fortunate position in that we don't HAVE to sell we simply want to move areas.
But, our current mortgage and mortgage offer is with the Halifax for one thing, and with the current economic climate I am really unsure what to do for the best.
DH is self employed, and whilst their engineering co has not been affected yet, there is nothing to say it won't be particularly as a bit of their work is within the construction industry though mainly commercial.
I work for DH.
It all seems to be a game of ifs and buts. If we are lucky enough to get a sale, should we sell and then go into rented until we see what is happening with the market place?
Should we sell and buy?
Should we take the house of the market and wait until things settle down.
I know no-one can answer for anyone's else personal circumstances, but, what would you do? Or what are you doing?
But, our current mortgage and mortgage offer is with the Halifax for one thing, and with the current economic climate I am really unsure what to do for the best.
DH is self employed, and whilst their engineering co has not been affected yet, there is nothing to say it won't be particularly as a bit of their work is within the construction industry though mainly commercial.
I work for DH.
It all seems to be a game of ifs and buts. If we are lucky enough to get a sale, should we sell and then go into rented until we see what is happening with the market place?
Should we sell and buy?
Should we take the house of the market and wait until things settle down.
I know no-one can answer for anyone's else personal circumstances, but, what would you do? Or what are you doing?
0
Comments
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Well if you sell in a falling market, and buy again in a fallen market, then you should be better off. Like you say though, there are no certainties, and I think it is difficult to sell at the moment anyway.0
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yeah it is difficult to sell at the moment, though weirdly we have 2 x viewings today after 5 months without any!!!!!0
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