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When to buy?
MikeJones009
Posts: 5 Forumite
Does anyone know when the right time to buy is?
Both my girlfriend and I are saving like mad to get 20%, we have 10% now and we have seen a house for £224k but we don't know when to take the leap.
We're first time buyers, so no chain and I wonder if we could even knock that price down to around £210k - any ideas?
MJ
Both my girlfriend and I are saving like mad to get 20%, we have 10% now and we have seen a house for £224k but we don't know when to take the leap.
We're first time buyers, so no chain and I wonder if we could even knock that price down to around £210k - any ideas?
MJ
0
Comments
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If it's the home of your dreams then go for it but I am convinced that prices will drop more with increased unemployment & lack of confidence especially in the government.
Regards,
N.Never be afraid to take a profit.
Keep breathing. :eek:
Just because I am surrounded by FOOLS does not make me wise. :j0 -
No-one knows.
Use tools such as zoopla, upmystreet, etc to try and figure out what it is worth. I would be tempted to offer pretty low to be honest as I can't see prices rising much over the next year or so.0 -
If it's the home of your dreams then go for it but I am convinced that prices will drop more with increased unemployment & lack of confidence especially in the government.
Regards,
N.
Thats good advice. Just keep waiting, unless something absolutely outstanding turns up for a bargain price!
But beware of mortgage rates creeping up, which is why many people are panic buying now.0 -
Drive a hard bargain for the house you want - if you will live there for 5+ years then don't worry about possible losses too much - it's a home first not an investment.0
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