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Our new buyers situation - keeping his own property to rent it out
Comments
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pulliptears wrote: »We did it last year. We left our old home and rented it to our son and purchased a new house.
DH jokes that we left home rather than the kids....
The downside is stamp duty, but thats your buyers concern not yours.
Thank you for letting me know.
did it delay in getting finances approved etc...0 -
septemberbaby wrote: »Thank you for letting me know.
did it delay in getting finances approved etc...
No not at all. All done without any hassle. Helpfully the house we bought had no chain either so it was pretty much hassle free.0 -
If your buyer wasn't doing this but was selling would you be worried that their buyer wouldn't be able to get a mortgage? Or their buyers buyer? There's an endless number of things you can't control you can worry about. Try to pick something you can because you can fix that.0
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