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renting after selling
Nala_2016
Posts: 1 Newbie
Hiya,
I wonder if someone could help me ... so I've recently (June 2017) bought a house with my partner, unfortunately we've split up now and obviously need to sell the house. (probably next year due to a 2 years fixed mortgage)
Due to his job he is away most of the time in another country so it's all up to me to sort it out ...
Has anybody rented a property after selling? And how does it work with the money? I would need the profit from the house for the deposit for a rental place and moving costs, etc. I've read that you'll get the money on completion date which would not allow me to find a rental place in time...
anyone been in the same situation? any help is much appreciated.. I am not English and only lived her for 4 years so I am not familiar with the laws
cheers
Nala
I wonder if someone could help me ... so I've recently (June 2017) bought a house with my partner, unfortunately we've split up now and obviously need to sell the house. (probably next year due to a 2 years fixed mortgage)
Due to his job he is away most of the time in another country so it's all up to me to sort it out ...
Has anybody rented a property after selling? And how does it work with the money? I would need the profit from the house for the deposit for a rental place and moving costs, etc. I've read that you'll get the money on completion date which would not allow me to find a rental place in time...
anyone been in the same situation? any help is much appreciated.. I am not English and only lived her for 4 years so I am not familiar with the laws
cheers
Nala
0
Comments
-
Not sure why you would need the house money to use as a deposit for rental?
You have a year to save for a deposit and moving costs.:huh:
Start saving and use that to move. Your going to need somewhere to live before you get the cash from the house sale otherwise your cutting a very fine and precise timeline which just cannot be guaranteed with selling and then a rental0
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