You are reading a single comment by @Gewürzt and its replies.
Click here to read the full conversation.
-
Pretty much this ^^
Just for a bit of comparison, my wife a I bought just after the brexit vote, we knew a few people who put off buying (and still haven't bought) and warned us about doing the same. Our decision to buy was that we knew we wanted to start a family and were fortunate enough to get a place we could live in for the next 10 years. The market has pretty much flatlined but for us it didn't matter as we wanted a home, plus we'd have paid around 50k in rent in the 2 and a half years we've been here if we'd stayed in our rented place.
Gewürzt
Need some herd wisdom on what to do: I’ve been in the process of buying a new build using the Help To Buy equity loan scheme for the last few months. We’re really close to be able to exchange, but now I’m shitting myself that property prices are gonna decrease over the next year or so. The property developer is pushing HARD to complete ASAP, so much so that they’re offering to pay my next month’s rent.
Do I carry on, withdraw, or attempt to renegotiate price? Argh!