We are close to exchange on a property in Dorset (on the Purbecks). I’m not saying the situation won’t change, but we have been looking for a detached 4/5 bed family home for the last year+. There really wasn’t much (and still isn’t) coming to market. Those that ticked a lot of boxes were snapped up. The houses that have been on the market for the last year and haven’t sold (they were clearly chancing it and overpriced) have been reduced, but decent ones are still getting sold fairly quickly.
I know we’re buying at top of market, but we plan to be there for 10 years. If we don’t buy now the alternative, for a number of reasons, is rental and living inland. I see a drop in house prices but will have to accept it.
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