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Thread: How does one move house (yes, it's a genuine question)?

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    How does one move house (yes, it's a genuine question)?

    I'll keep it short. I've never bought a house, I built the one I currently live in. I've lived here for 20 years and was with parents before then - I've lived my entire (sheltered) existence on one road, in one sleepy town.

    Circumstances have changed and I think I may need to move from the Midlands, to Scotland.

    How does one do that...?

    Scotland seems to have some form of closed bid system, whereby if successful you are committed to buy - does that mean I need to sell my current abode (and presumably rent somewhere) so that I have funds available to buy immediately?

    I have two properties (current home and a rental) with plenty of equity and a pittance of a mortgage remaining (a good position to be in) - am I better to go for a large deposit from savings, sell one house, sell both, refinance one or both!? There are so many options... The financial logistics of just moving house seem insurmountable!

    I've a financial advisor coming on Friday, I assume they'll also guide me in the right direction?
    Last edited by RickChard; 28th June 2023 at 08:13.

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