Property News · December 14, 2020

Should we buy a home now or wait to see if house prices fall?


We are aware prices are inflated thanks to the stamp duty holiday and are worried we might overpayQ My boyfriend and I (both 29) are trying to buy our first home in north Leeds. It is a very competitive market, and houses nearly always go to best and final offers. Demand outstrips supply massively.We can afford to spend £250,000 maximum which includes a deposit of £50,000. We have an agreement in principle to borrow the remaining £200,000. Ideally, we want to spend about £230,000 to £240,000 so we have money left over for renovations and so on. Continue reading…

Source : theguardian.com
Read more…Should we buy a home now or wait to see if house prices fall?

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