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Thoughts, Opinions please

2»

Comments

  • sem9999
    sem9999 Posts: 24 Forumite
    Ok you really have two ways of looking at this.
    a) You look at it as a (very?) long term investment and rent it out. Two major disadvantage 1) relying on your ex good will (can you be sure of that?) b) unlikely to get another mortgage for a new place for quite some time
    b) you make a clean break have little in your pocket but ready to start saving for new place

    Option a) is good if you are ready to gamble that property prices may pick up relatively soon, otherwise personally I would bit the hand off you interested buyer and go for option b)
  • Many thanks for replying,

    yes looking at as investment (long term) especially as I was always led to believe better to have foot on the market in some shape or form?

    my ex and I no issues at all, clean break still chat now, hopefully still stay that way, both looking at is totally as investment

    Bit of amount in back pocket great and yes clean break start again, have the ability to grudgingly but greatfully move back in with folks so massive saving there and pot of cash could increase pretty quickly whilst prices are still keen?

    Im swaying towards selling now rather than keeping
    Lightbulb Moment - 12/03/2009

    A mountain to climb but Ive the mental attitude to do it!

    Target - Unsecured Debt Free - 36 Months
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