The answer is 'optimism bias' https://en.wikipedia.org/wiki/Optimism_bias

This is a dangerous and expensive mistake on the sellers part, if moving is essential.

Gov figures on Business Insolvencies: https://www.gov.uk/government/statistics/company-insolvency-statistics-october-to-december-2022/commentary-company-insolvency-statistics-october-to-december-2022

Guardian Story: https://www.theguardian.com/business/2023/jan/31/business-insolvencies-firms-go-bust-2022-england-wales

Watch the video of this podcast: https://youtube.com/live/a-HU_ujbpAs

Talk to my magic mortgage guys if you don’t already have an independent, whole of market broker. Pop details in here and I’ll put you in touch:

https://mhwc.co.uk/mortgage

All my links:
https://linktr.ee/movinghomewithcharlie

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🎥 Charlie's Golden rules videos for

Buyers: https://www.youtube.com/watch?v=h6T-uZ28a80

Sellers: https://www.youtube.com/watch?v=W9oR28aWLOs

Offering: https://www.youtube.com/watch?v=iZaDs7uZ5Hw

🎥 Playlist of FTB advice - https://www.youtube.com/playlist?list=PLKomt2RI3JYnJ3imNEWjKGkszf_bzqDfe

📧 E-mail template for cash offers - https://mhwc.co.uk/email-templates/suggested-email-offer-template-for-cash-buyers/

📧 E-mail template for FTB mortgaged offers - https://mhwc.co.uk/suggested-email-template-for-first-time-buyers-making-an-offer-with-a-mortgage/

💰Speak to Charlie’s recommended mortgage brokers - https://mhwc.co.uk/mortgage/

🧑‍⚖️ Get a quote from Charlie’s recommended conveyancers - https://mhwc.co.uk/conveyancing/...