Back in October last year Ollie and I started our house hunt, it seems like forever ago that we got our mortgage and started planning out first home together. A whole mix of excitement and apprehension, I was on Rightmove everyday (and I still am).
Without getting into a political talk about the current state of the market, it’s been a long process and for the first time in a very long while property prices are dropping! London has only slowed, but for the capital, that’s basically going backwards. We have changed our search area and criteria more times than I can count and after looking for 10 months we have actually only viewed a handful of properties. We have put two offers in which were considerably over asking price and both got outbid. There’s an unbelievable shortage of properties and that’s certainly keeping the prices from dropping too quickly.