Is it time to move into a house from a flat or save some more ? HELP!

[Gecco]

Well I need the help and advice of GD.

Mrs & myself are currently living in a 1 bed Flat valued in 2010 @ £100000

We have £30000 outstanding.

A 2 Bed house just came up for £170000 that we both love and although my plan was to pay the mortgage off first on the flat and then start looking - I'm thinking what the hell let's do it.

I'm on £30 K/year and the missus is self employed only making 8K -I'm going to be the sole applicant. Mortgage calculators show I can borrow more than the difference needed so that wouldn't be a problem .

On the other hand I'm thinking that we do not "need" the house as no kids are planned yet. So what should We do go for it or save some more. Also what are the chances of getting said house as we haven't even put our flat onto the market ?

 

[Gecco]

Thanks for the advice. Yes the mortgage is portable. We have an appointment for this friday with the estate agent.

I just thought it's easier to get a remortgage in just my name as the missus is self employed and on very little money until her business picks up more clients.

 

[Gecco]

Just an update, we viewed the house really want it.

We have estate agents coming today for valuations on our flat.

1st one was there 30 mins took measurements etc and valued it @£115000 and stating to not expect to sell below £110000 - that was with bairstow.

2nd was there 20 mins a bit less invovled and valued it @ just above 100000. -spicer

3rd came in 4 mins, stated that we bought it for £80k and they would put it on the market for 90k -LOL church & hawes

We have one more to come later but I don't get that high variation in prices ? And so far they all want £2000 fixed selling fee.

I'm starting to think to just use an online estate agent like hatched.co.uk