The UK Housing Market and Me

In January 2010 I found a great house. We could buy it but only if we could complete in 6 weeks. The only way we could possibly do that was rent out our house and get a buy to let loan for the new house. We therefore became reluctant landlords at the mercy of the UK housing market.Everyday the media has news or opinions about house prices and interest rates and these are my only indicators as to whether I am leading my family to financial ruin, bare survival or reasonable wealth and well being.

Friday, 30 July 2010

March 2010

I saw that the house next to our old house was up for sale at £205,000. This was a big blow to my confidence as our house had been valued at £225,000! The estate agent said that our old neighbour wanted a quick sale. Also ours had a conservatory so that would add a few thousand to the value. Nevertheless it was a bit depressing.

2 comments:

Unknown14 September 2010 at 00:05
One sure way to sell house fast is through private sale. Provide the necessary valuation and be ready to sell even to a complete stranger. You can save up on estate agent fees, sell house fast and you'll get more from your property.
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