AnotherEDer Wrote: ------------------------------------------------------- > Getting away from the debate on BTL here, but do > you think the current market conditions will alter > the process for mid chain purchases? For instance, > the idea was always to accept an offer on your > current property BEFORE going hunting for your > next purchase. > > But with so little supply, which means so much > pressure, will sellers now wait to secure their > next house before accepting offers on their own > place (especially as it seems almost guaranteed > they won't have problems finding a buyer). Risky > for the whole chain I realise, but isn't the > alternative that the first time buyers at the > bottom of the chain could be waiting months & > months for the second part of the chain to find > something? My colleague is in this situation, she put her place on the market before Christmas and got an offer very quickly. Unfortunately though she can't find anything in the area she wants to move to, and is seeing the prices rise month by month. She thinks the buyers will pull out very soon, and she's starting to think that she won't afford anything now. Only bonus I guess is that if her buyers pull out now, she may find that her place has gone up in value a bit...