Selling whilst demand and prices are high = trying to buy whilst demand and prices are high!

[StaplesCorner]

I'd like to move. I'd like to split from H and sell up, we'd get a good price for our 3 bed semi. But once we'd cleared the mortgage and got our equity, we wouldn't have much left. And I'd end up trying to buy or rent in a mad market. So in general whats the feeling about cashing in on current high prices - surely no benefit whatsoever if you then cant afford a high price elsewhere?!

It depends, is the amount you'd receive from the marital home enough to buy in a cheaper area and start again?

generally the only people who benefit in a increasing market is downsizers. For most it makes it harder to move up the ladder.

I'd be downsizing and I'd need a mortgage in my own right - I'd only get about £180k equity and my disabled DD19 needs to live with me. But even if I bought a flat I'd be paying over the odds surely, regardless of area? I think rather than asking about my specific circumstances I'm just thinking surely everyone is in the same position, unless you are comfortable and have other money to start with if you sell high then whatever you buy next is still in a high price market?

Yes although not everywhere will be as a "hot" as other areas.

Also depends on what you buy, we sold high last year an immaculate 4 bed detached and bought a 4 bed detached in a better area but it was less expensive as it needed quite a bit of work.