Should we postpone buying a house till Brexit is settled?

Unfortunately we can't just forget brexit, the nightmare that has threatened to blight our future for the last three years. If it can be prevented, then we may be eventually be able to forget it, but a great deal of damage has already been done.

so what would you advise the OP to do varian?

Sell your house and buy another one now amd dont think about Brexit.
In 1988 where house prices were rising fast we bought and sold. Then there came the depression of the early 90s and our house lost a lot of value. Even when I sold it 11 years later it fetched what I had paid for it originally. But the house I had sold to buy this one had increased from £72K to £190K in 3 years so it was all only paper figures. Yes I had I not bought the house, invested the money and rented a property I may have been better off. But selling and buying were just figures on paper. Go ahead and see what's out there for sale. If property prices fall that will include the price of your current house as well so you are not losing out by selling and buying now.

I am so with Willow500 that I had begun to think this way before the page came up from the emails page! I thin, we, especially, need to carry on living as normally as we can through this horrible time and try not to let it spoil anything we would have done without it. Life is too short to keep agonising over these complications! If you want to live somewhere else and you can sell up and buy the next place you like, then do it! After all, whatever house prices do, one is just swapping one place for another. You must live your life and enjoy it. Too many people in my life have died before retirement or just as they retired. Please do what makes you happy!

Daisyboots Exactly!! Well said! Spot on!

If its not your first purchase it makes little difference. If your new house loses value then so would your old one!

For a first time buyer taking out the max mortgage it might be worth waiting

GabriellaG

Gabriella I feel so sorry for you with your lack of credible argument or discussion. Your inability to say something without being rude. I think you need help.

Marieeliz Have you considered taking your home off the market for a few weeks and putting it on with a different agent? Once a house has gone stale on Rightmove it is much harder to sell so you might be better off waiting and putting it on again.

I don't understand those who say it makes no difference if the market changes because you are selling one and buying another, it does. If you are downsizing/downpricing then selling at the top of the market means you will have more money to save. It is only if you intend to spend the same on the new home as you get for the old one that it makes no difference.

I really don't have much time for Estate Agents. We saw a bungalow on Zoopla today which we know had been listed a few months ago then was taken off. It has come back on with an asking price £10k higher than before. We looked on the estate agents own website and it was still on at the lower price When we rang to ask why, we were told the owner didn't have anywhere to go and so took it off the market. However she must have decided to put it back on and added an extra £10k to try her luck again no doubt. This buying a new house lark really is a jungle.