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  • So I'm looking to sell my flat and upscale to a proper house in the burbs. I have the option to sell and buy together, as per the norm, or do them separately and staying with my folks in the interim. The later enables me to be chain free for both the sale and the purchase.

    My question is, is that worth much? I risk house price movements and a large chunk of money potentially becoming less valuable if I don't find anywhere fast enough. Conversely I may gain better sale and purchase prices due to chain free status.

    Anyone have any advice? I have no idea.

  • Pure speculation and my guess of the markets is no better than anyone else's, but isn't there as much chance that values are going down and so selling sooner / buying later might get you a better not a worse deal?

    Guess it depends on relative pricing trends in London / outside London as well as the crystal ball gazing that is the economy over the next 6m+

  • @Hovis
    Historically it seems more likely that you'd lose money by sitting on it as prices have been going up and up. That said, at the moment, at least in my area (SE London) then prices seem to be stagnant if not dropping slightly.

    I'd guess that now is slightly less risky to have a gap between buying and selling. You could be a bit more attractive to buyers and sellers, and if prices aren't climbing then you might not lose anything by waiting.

    Caveat - I have no absolutely no idea what I'm talking about

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