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Pretty complex but when we bought around Brexit vote we considered;
Affordability?
How long do you plan to live there vs how does that compare to your economic forecast?
Potential to expand if trapped?
Also negotiated the price down.I’m debating if I hold off on extending ours
GoatandTricycle-
we were looking at getting somewhere that needs a fair bit of work so at the low end of the market anyway, so affordable but with potential to add value over the next few years.
The offer we put in has been accepted (a couple of k over asking and conditional on a building warrant for historic work being obtained) but nothing signed yet. Just don't want to be left in negative equity more than any desire to profiteer from the situation-or be left with huge increases to interest rates.
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On another subject, this is a shit time to put an offer in on a flat, isn't it?