Ok, so I just want to caveat this post by saying I'm not having a whinge and neither do I wish to appear hard done by - I'm just after feedback from anyone who might be in a similar position..
We are currently house hunting in london with a budget of £1.6m mostly cash with small mortgage. Yes, I know that is a lot of money and we are fortunate (some of the money was inheritance from my family, the rest down to bloody hard work on my husbands part) but we are struggling to find anything we can afford in the areas we like (I'm talking nice london suburbs, zone 3, not kensington & chelsea) and in the current housing market - where any decent sized 4 bed in a good area is going for £1.7-£1.8m is out of our price range and anything good within our budget goes to sealed bids.
Is anyone else in, or has been in a similar position? What did you end up doing - settle for a compromise house in your favoured part of london or did you move further out for more space? Interested to hear any similar experiences as I'm in two minds as to whether to just up sticks and move further out for a better/bigger house.
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25 replies
London1975 · 24/12/2013 16:04
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