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Selling to rent, a bad move?

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Comments

  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    yllop1101 said:
    Are you able to get permission to rent your place out, say for a year or so? Would that cover the costs of the mortgage? 
    It's S/O.

    So not only is permission to rent unlikely, but the chances of it covering the mortgage plus rent are slender.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    @Crashy_Time perhaps the LL wants to sell the property or any other number of reasons.

    It's fine for you to tell buyers there's a recession, they are paying too much for a property and any other negatives, but it's not ok for me to point out a potential negative to renting so OP is aware it may not be all 3 bedroom house, garden and sunshine.

    You've been around long enough now to not play silly games, counteract my comment with saying they may get a long rental like you have, it saves derailing yet another thread.
    Most likely they would be told that the landlord is selling and it is a short rental (many landlords will be struggling to sell now though?) and they could walk away and find something else. Getting chucked  out every six months is not the norm when renting, nothing like it.
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