`It just felt like time was right'
Friday 05 April 1996
Although the Templetons bought their three-bedroom house a decade ago, just before the 1980s boom that left an army of homeowners floundering in negative equity, they watched the market plummet to desperate levels and kept postponing the move.
Mrs Templeton said: "We'd been thinking about it for years, but my husband is a self- employed management consultant, and for one reason or another we thought we should wait, then we decided we couldn't wait forever."
They put their pounds 81,000 house on the market at the beginning of the year and within three days they had a buyer. But the couple who put an offer in were trapped in negative equity and then had the house they were selling down-valued again, in a final legacy of the great slump.
However, a second buyer came forward within weeks. "It was relatively easy, although there was that hitch, and the people we are now selling to are first-time buyers, so we're hoping there isn't going to be a problem, touch wood," Mrs Templeton said.
The Templetons were moving up a level themselves in the housing market, and had pounds 160,000 to spend in Dulwich in south London. At first they were disappointed to discover it would buy them little more than their existing home in Croydon.
Eventually they found a modern four-bedroom detached house, and extended their mortgage. Mrs Templeton said: "They were very competitive, and it was difficult to work out because no deal was the same as another. We're glad to be moving at last. It just felt like the time was right."
- 1 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
Sony hack: Angelina Jolie branded 'seriously out of her mind' in further embarrassing leaked email saga
Panic Saturday: 13 million Britons spend £1.2bn – while 13 million others across the country live in poverty unable to afford food
£7 - £9 per hour: Recruitment Genius: Are you outgoing? Do you want to work in...
£30000 - £35000 per annum: Recruitment Genius: An opportunity has arisen for a...
£30000 - £35000 per annum: Recruitment Genius: An exciting opportunity to join...
£30000 - £35000 per annum: Recruitment Genius: We have an excellent role for a...