Would be grateful to hear other people's experiences with this, about to sign contracts to sell my house but my next one won't be ready to close or for occupation for another 3 months. Having owned property since the mid-nineties I'm getting the heebie jeebies about the idea of waiting things out and being at the mercy of the rental market, and/or any black swan major world events in the interim that might place my personal and financial security at risk.
As you can probably tell I'm pretty risk averse in general, but prob ten times worse since Covid, and just can't escape the idea that if something similar were to happen between the sale of my old and occupation of the new that I'm putting my family in a massively vulnerable position.
Has anyone else done this recently and how did you frame it to yourself so you could push on without concern? I'm almost at the point where I want to pull out of my sale but that obviously comes with its own problems if the market takes a dive in the meantime!
As you can probably tell I'm pretty risk averse in general, but prob ten times worse since Covid, and just can't escape the idea that if something similar were to happen between the sale of my old and occupation of the new that I'm putting my family in a massively vulnerable position.
Has anyone else done this recently and how did you frame it to yourself so you could push on without concern? I'm almost at the point where I want to pull out of my sale but that obviously comes with its own problems if the market takes a dive in the meantime!