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Good position or should I worry

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I've sold my house and managed to come out with enough equity to pay off my mortgage and still afford a home (downsize) mortgage free, I've no loans/debt and living back at parents untill I find a suitable property. I'm saving well and my outgoings have been slashed. Question, how long can I stay off the ladder before falling behind it's been 2 months since I sold.

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  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    dont worry, i suspect prices might come down a bit with the increase in interest rates we are projected. If you have a hefty amount of capital in a bank account it must be making a fair amount every month?
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
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