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Would you consider selling and going back to renting when moving to a new area? Same salary.
We have a job offer in Wales (north coast). Same salary but hopefully a less chaotic hospital with a much smaller population. We have one year left on our 3.6% mortgage fix. We pay £790 per month. £135000 loan. Approx £150000 in equity according to the valuation. Valuer said it would have been more last year.
The trouble is that there is the unsure of whether we will be happy so I thought we should rent for a year as we may end up back here. We plan to go for two years and come back to this area where parents could hopefully help with childcare.
The other option is to tough it out here and hope things will get better.
Wife despises the idea of renting. Financially it would be a set back but hopefully would lead to better prospects overall as there would be a little more scope to upskill. Though it is unlikely this would equate to higher wages. Just more options and hopefully more fulfilling work.
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