Hi all,
This is my first post on the forum after reading a few articles and seeing the help that was given.
I currently own a studio flat that I bought a couple of years ago. At some point this year I am looking to buy a house with my girlfriend and don't know whether it is the right time to do it price wise. I am aware that house prices are due to drop this year and am unsure whether this will benefit me or stitch me up.
The cost of my flat when i bought it is very low on the scale of house prices in my area. I don't know whether it is worth selling my flat and gaining not as much profit to buy a house that i may pick up cheaper than usual. Or whether the price of my flat will decrease greatly - meaning that i make a loss (something i really do not want to do)!
If any body knows anything about the likely comparitive drops in prices between houses and flats (if there is one) then i'd be very grateful for any information that could be provided.