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Should I sell or let out my current property?
scratch_2
Posts: 29 Forumite
Hi,
I'm thinking about moving house, the place I'm looking to move into will probably cost around 180K. I am thinking about either selling my current property or remortgaging it to raise a deposit for the new place and then renting it out. I have around 80K worth of equity in the current property.
I am not sure of what the negative aspects would be of doing this, can anyone provide thier experiences/suggestions/advice?
Cheers.
I'm thinking about moving house, the place I'm looking to move into will probably cost around 180K. I am thinking about either selling my current property or remortgaging it to raise a deposit for the new place and then renting it out. I have around 80K worth of equity in the current property.
I am not sure of what the negative aspects would be of doing this, can anyone provide thier experiences/suggestions/advice?
Cheers.
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