We are moving from an area where the property market is moving very quickly, to one where it's a bit slower. We need to make the leap now as the current prices mean we will be mortgage free, whereas if they change too much we'll be unable to move and stuck with a mortgage we can't afford long-term due to loss of income.
We're spending the next few days looking at houses in our new town. There are very few available and hardly any coming on the market. I feel we need to choose the best of what is available. People keep telling me that we should see if any more come up, but of they don't we could lose our buyer.
We're very limited but I like a lot of the houses. It's not a forever home, just something to serve us well for a few years until we're back on our feet again.
How do you choose in these circumstances? All of them have positives and negatives, which is fine and expected. Some will need work, but we could live with it for a while until we can afford it. I'm worried we're essentially having to take less time than I sometimes do to choose my dinner! But if the best sells and no more come on the market we're limited even further, unless they are all entirely unsuitable, which I do think they will be. It will all be a compromise. We have prioritised school places in our search as I want a nearby school with spare places, which they all do. The problem is that houses exist that would be nicer and in our budget, they're just not on the market and probably won't be now!