snowflake

try reading my post? Down From London

In our case they were DFLs (down from London). Just as well - a couple of local buyers had a look and liked the house but simply couldnt afford it. at something like 20 x average local earnings. Our buyers had plenty of equity in their London pad. Their buyer was a rich foreigner.

That would be us ... just sold to rent, haven't not owned a house for thirty years. Scary yet liberating! No end of people are telling us to get back into property quickly as "house prices are going up" So now we are safely ensconced in a very nice rental property to see out the winter and watch what happens next ... Oh - and while we were about it we got rid of a lot of 'stuff'. The excess fits nicely in the garage here. Better than paying Safestore 2 grand a year to look after it, we decided.

Hi all, I've been an avid reader of HPC on and off for a while now, and as we are currently selling to rent, this seems an appropriate time to join in. We exchanged contrats today so I'm feeling somewhat euphoric - bring on the champagne!! Definitely bearish about where house prices are headed, and we'll probably be renting for at least six months so it will be interesting to see how things pan out. We're moving from East Kent to Gloucestershire, so that will add to the fun for us. Looking forward to posting