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Seen a house we like...

Our home has just gone up on the market only a week, so very early days but we've seen a property that's cheaper than our current home and bigger in an ideal location.
We'd hate to miss out on this house, just wondering if there is any way we can secure the new house until ours sells is there some kind of mortgage or equity type arrangement that can be had for this very situation?

Comments

  • amnblog
    amnblog Posts: 12,782 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Not one that you would like the payment terms on.

    Your best options would be to set a very competitive price for your current property.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • chriz1
    chriz1 Posts: 335 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Yes thought as much
    Cheers
  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    You would make on offer on the house you like and start the ball rolling. If the properties in your area dont stay on the market for long you may get a buyer soon, assuming its priced well.
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