A new moon rises over Old Street
The frustrating process of property selling has come to an end - it is amazing how quickly the whole thing can move when you tell all of the solicitors and agents involved that you are going to pull out of the deal unless contracts are signed and exchanged by the end of the week. It only took until the Wednesday when the agent, worrying about her 2%, called to say that everything was done and the process was now unlocked and completion was due the following week. The old saying "the squeaky wheel gets the oil" is so true when dealing with these professionals.
So - Bob(fake of course) has a pot of money in the bank and is no longer paying a mortgage - interest rates are on the up, house prices are ready to collapse - if you believe the Evening Standard - and I am ready to pounce. But before I dip my toe into the property market again I think that there is time to take a breath, there is no panic to be on the ladder. Let me see if this time I can make a wise purchase :-)
A positive change has happened in the last few weeks, after suffering at the hands of Chinese builders (don't ask) for a month I decided that working from the cramped spare bedroom was not really productive. A GumTree advert offering a desk space in a creative office between Hoxton and Liverpool Street sounded like the ideal solution - cheap, local, comfortable and surrounded by other people who speak my language. So here I am, exposed brick walls, my own comfortable work space and as much coffee as one can drink. I have already completed one project that has been hanging around for months - now I just have 3 more on the books before I can work on my own portfolio.
So life is on the up.