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Keep it or sell it? what would you do in my position

lbahrani · 2015-06-13 11:14:06

Hi All, Just trying to gather some people's thoughts, It would be really appreciated. Here is what I have asked, firstly, a very close friend of mine: - AT PRESENT. DEBT = £-13887.07 (O/draft mortgage account) House paid for in full. Aim to pay off debt by 40th b'day June 2019 (4 years approx) COST OF DEBT (INTEREST &…

Comments

EssexHebridean Posts: 24,754 Forumite

14 December 2015 at 3:55PM

dresdendave wrote: »

Calling the OP pathetic is a bit strong, especially as the DFW board is supposed to be non judgmental. With the scammers and timewasters who sometimes target private sellers, It's understandable that some people are prepared to lose a bit of money in exchange for the peace of mind a dealer sale brings.

Yes, I'd have done exactly the same, albeit possibly not through a main dealer, but then I wouldn't have been buying my replacement from a main dealer either, most likely!

🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
Balance as at 31/08/25 = £ 95,450.00
£100k barrier broken 1/4/25

SOA CALCULATOR (for DFW newbies): SOA Calculator

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