Mortgage question

edited 22 November 2012 at 7:06PM in Mortgage-Free Wannabe
11 replies 1.3K views
simmedsimmed
2.2K Posts
edited 22 November 2012 at 7:06PM in Mortgage-Free Wannabe
We have three kids (aged 4 5 and 7) and have been living in London for 3 years as I moved here on a short term contract for my employer. I own a 5 bed detached house in Cornwall but we have tenants in at the moment. I just put it on the market for £450k because I am returning home. I have a £230k mortage on the home, so approximately £190k of equity (give or take for how much it actually sells for). I also have ~£180k saved up.

So what now. Do we carry over our mortgage to buy a different house.

Edit: Nevermind, too many spammers nowadays
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