At present, our usual advice is to sell before you buy. For some people, that will be one of many changes since the last time they moved.
This can be particularly difficult for those looking to downsize as understandably, many people do not want to move unless they have found the ideal property. That's fine if you are in the fortunate position of being able to afford to buy without the need to sell, but for many that's not the case and it will be necessary to sell before being in a position to buy a new property.
There is no easy answer, however approaching us at an early stage will allow us to discuss this properly with you and possibly look at alternative options. For example, some new retirement developments understand the issue and allow for the purchase to be structured in such a way that the only the loss would be a small deposit, allowing you to walk away if you are not able to sell your property on time.
Do you have questions? Call us on the details below. We're happy to have a chat through your options.