It’s a paradox really - £10k looks like nothing on the total cost (and spread over a mortgage period) but it’s a shit load of cash up front and could be an insurmountable barrier if you’re already at your limit.
I reckon some kind of auction system would be better for everyone - market determines price instead of estate agents and overly optimistic sellers.
A lot of houses go at auction here... It's quite the spectacle, it all happens outdoors in front of the house... A place over the road from us was auctioned a couple of weeks back, it was like a mini carnival...
It’s a paradox really - £10k looks like nothing on the total cost (and spread over a mortgage period) but it’s a shit load of cash up front and could be an insurmountable barrier if you’re already at your limit.
I reckon some kind of auction system would be better for everyone - market determines price instead of estate agents and overly optimistic sellers.