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when should i sell my property with chain?

2 replies

kamanmama · 12/02/2024 10:20

Hi there. Can anyone give me some ideas on my situation. My family and I stayed in London zone 6 for 3 years, we currently rent a house, the rent is keep going up every year. We would like to buy a house to move in. We are not in a rush, can move in within 1-2 years. My situation is, I have a property in Manchester which I want to sell in order to buy a house to move in. I paid partly of my rent to my house in London by the rent I collect from Manchester. If I sell it too early, I can’t afford to pay my rent only from my salary. Maybe 2-3 months is still acceptable. Just can’t too long. So, is anyone knows, in this situation, I need to sell my house with chain and buy another one, when should I put my hose on market? Is it in the same time? Now I am still waiting a nice house to view, not many house within my budget that I can buy
Hope I can make my situation clear. Thanks all

OP posts:
offeringneedadvice · 12/02/2024 10:41

you need to save up a healthy deposit + some savings. Buying a house even before getting the house can be expensive. since you can wait 1-2 years, it is best to save up and keep saving and make sure you can still have a roof over your head while looking for a home to buy.

kamanmama · 12/02/2024 10:46

If my house is sold, i can get enough money for deposit. just struggle when should i put my property on the market?

OP posts:
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