This seems like a very unimportant thread, compared to other people's threads I have read, but I keep churning over the issue in my mind and dont really have anyone that I can ask for advice in the real world.
DH and I own our own house, nice average size etc with affordable mortgage payments. However, we feel a bit like we have out grown it and while we might be able to last another year or possibly 3 we would definitely need a new house at that stage. This thought process has been brought forward a bit by the phenominal increase in house prices recently!
So we have found a lovely house (new build, not what we were really looking for but hey!) in a nice village which is at the very top of our price range (aren't they always!). However, they have just got planning permission to build 3000 (that's right thousand I didn't add an addition 0 on by accident) homes in the villiage which will more than double it's size! I am partly concerned by the actual building, although it is not near the house we are looking at and partly concerned that the area will not be recognisable as the place we think we are buying into.
This has now triggered additional doubts, what if the market doesn't continue to rise? What if interest ates rise massively?
I have no idea what advice I wanted people to give me, but think perhaps people can give me either positive or negative view points that I have not thought of yet!!