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Is this realistic

2»

Comments

  • archie9uk
    archie9uk Posts: 138 Forumite
    converted wrote: »
    My sole intention is not to let out or profit.

    It kind of is, though. Otherwise you would just hand in your notice and move down south. You are, effectively, considering using the Right to Buy scheme as a way of raising a deposit to buy another property. (Please don't think I am being critical - I'm sure I would be thinking the same thing if I was in your position.)
  • muskoka
    muskoka Posts: 1,124 Forumite
    Why don't you try to do a council exchange? There is a website, I'm not sure of the name though, but your local council could advise you of website name. That would make a whole load of sense I would have thought
  • converted
    converted Posts: 152 Forumite
    That was my initial thought, although the chances of finding someone who wants to move 500miles north from the place i want to go to is very remote. However this would be the ideal.
  • silvercar
    silvercar Posts: 50,496 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    converted wrote: »
    http://www.fancyamortgage.co.uk/Righ.../Discounts.asp
    That is helpful. So even with these figures would it be worth-it?

    Thanks

    16 to 38k depending on where it is exactly.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
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