Help needed - shall I sell my flat and buy another?
in House Buying, Renting & Selling
2 replies 486 views
I own a flat with no mortgage which I rent out. I have around £20K and am considering selling that flat and buying another one worth slightly more. But a friend told me it could cost me all that £20K to sell one flat and buy another. If house prices are about to drop, is it a good idea to sell it and buy another when house prices are lower? I can't decide - I don't want to waste my nest egg and end up with no improvement. Any thoughts anybody? I'd be very grateful for any advice.
This discussion has been closed.
Latest News and Guides