Marg said:I can see these people experiencing more pain as interest rates rise than ftbs.
Couldn't aggree more.
Of the three couples i know who have traded up in the last year only one (finalising the deal as i type this) have had sense enough to sell the previous property. Everyone else is attempting to play the landlord game though one is gradually realising it's not the easy money she thought it would be.
Bar from myself the former couple have received criticism from everyone else up to and including outright abuse from one of the parents that "they must like throwing away money"....