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Buy or not to Buy?

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diamondfred
diamondfred Posts: 3 Newbie
in House buying, renting & selling
Can someone please offer some advice?

We currently own a 3 bed semi in Milton Keynes and are looking to move to a 4 bed detached just outside Northampton (grange park if anyone knows the area).

Our house is valued at £225k and we are looking at houses up to £250k.

My queries are these:
Is it sensible to move at the moment?
Is it a good move - MK to Northampton?
Will the gap between the two houses reduce if the expected drop in house prices continue or will it remain relative?

Basically, what we are trying to determine is if we should go for it now or wait six months and see what the market is like then?

Thanks in advance for all your advice!

Comments

  • DGJsaver
    DGJsaver Posts: 2,777 Forumite
    diamondfred wrote: »
    Can someone please offer some advice?

    We currently own a 3 bed semi in Milton Keynes and are looking to move to a 4 bed detached just outside Northampton (grange park if anyone knows the area).

    Our house is valued at £225k and we are looking at houses up to £250k.

    My queries are these:
    Is it sensible to move at the moment?
    Is it a good move - MK to Northampton?
    Will the gap between the two houses reduce if the expected drop in house prices continue or will it remain relative?

    Basically, what we are trying to determine is if we should go for it now or wait six months and see what the market is like then?

    Thanks in advance for all your advice!

    I can only advise on one of your questions and that is , what part of MK are you ?

    Because it would have to be somewhere nice in MK to stop me from moving to grange park in northampton

    Hope someone comes and helps with the rest !

    Dan
  • diamondfred
    diamondfred Posts: 3 Newbie
    Walnut Tree - not ftoo far from CMK
  • DGJsaver
    DGJsaver Posts: 2,777 Forumite
    diamondfred wrote: »
    Walnut Tree - not ftoo far from CMK


    I used to live there , pettingrew close , really liked it , but i moved to Leighton Buzzard with the OH , anyway , i like the grange park area a lot , wethere moving now is the right option hopefully others can answer

    Dan
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