We were hoping to buy our first house before Primary school applications deadline on 15th January (or mid Feb is final deadline for proof of change of address). Because of the higher amount needed for a deposit now, we are probably a couple of months away from having our deposit and fees together at least. Would it be more sensible to find another private rental in catchment first? So we don't wind up with sales falling through and long chains etc? Because we don't know what will happen with the market?
There only seems to be a rental in catchment come up about once a month or less. The rentals are always smaller and poorly decorated and are almost double what we are paying in rent now, so I'm worried if we do move to rent and prices continue to rise, we won't really be benefiting much from a longer time to save.
Should we risk staying where we are and trying to buy or play it safe and potentially be stuck in a rental a lot longer? What would you do?
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Moving in time for primary applications
10 replies
user32723 · 23/08/2020 21:18
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