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Should we upsize in the current climate? We do not need a mortgage.

We have the opportunity to part exchange to a good house in the area we would like. Unfortunately the new house has not been cared for and would need a steam-clean and complete re-decoration before we could move in, which in normal times would be off-putting, however, we see this as pretty well our only chance to move at the moment as the market is so depressed in our area. Advice please, anyone?

Asked on Jan 17 2012, General in Winsford | Report content

Answers (2)

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  • Personally, I think it's a great time to move with plenty of deals out there to be had. Purchasing in a depressed market can be difficult but at the same time, there are deals to be had too.

    Answered on Jan 17 2012, Report content
  • It is a great time to up-size, prices have fallen and the percentage drop on a larger or more expensive property should mean it is at a much more attractive price.

    Answered on Jan 17 2012, Report content

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