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Old 11-04-2017, 09:51 AM
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Join Date: Apr 2017
Posts: 1
Default First time buyer - wait out Brexit?

I've got a bit of a dilemma and am after some advice on everyone's favourite topic - Brexit!

My wife and I have just about managed to save up enough deposit for our first house, but I'm loathed to take the plunge for at least two years so that I can see how Brexit is going to affect house prices.

My wife unfortunately doesn't share the same opinion, and argues that we're losing money the longer we wait (since house prices still seem to be on the up at the moment).

As a first time buyer who will have a large LTV, we're going to be most vulnerable to any drops in house prices so I guess what I'm asking for is some advice...

To wait, or to buy? Which is more financially prudent?

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