I put my property on market recently and sold very quickly (nice detached property in hot area). I found somewhere to buy within a couple of weeks. Okay property but best I could afford in location I want. Seller took 3 weeks to find somewhere and chain not complete yet. It's ok i'm not in a hurry and neither are my buyers.
Last week I got a promotion at work and pay rise. Not huge but enough to afford somewhere a bit nicer. Few houses I've had eye on that have been on rightmove for a little while that I could afford.
I know legally until exchange there is no penalty but would you look for somewhere else. I realise bigger more expensive house would also cost more in terms of stamp duty, solicitors fees (as it would cross price boundary). But should I just keep on with current purchase as I might not get anywhere else or pull out when I don't know what I want to do. Thanks.