We are in the above situation. Mortgage application being processed as we speak (well maybe not literally, as it’s Saturday night..), deposit funds sat in our bank account, house lined up.
Have ventured onto a few threads tonight regarding Brexit/property prices dropping, and now worried we may be making a mistake. We have saved up for a long time for this opportunity, and have also been fortunate to receive some gifts from parents. I knew the interest rates had gone up, and we were happy to proceed on that basis particularly as we are applying for a relatively small mortgage (under 90k) and we really want the security for our DC after years of renting.
Would you be buying now, if it was your first chance? We are aware there may be uncertainty after Brexit which may negatively impact our opportunity to get on the ladder, which is why we’re acting now. I’m worried we’ve got it wrong!