Should I sell, or, should I rent?

[Wilmslow]

Got the AIP, all good to move to the bungalow, and rent out my Semi.

(Blimey, that sounds camp.....)

Got a house viewer today - they are wanting a second viewing. Nowt to sell, getting a second mortgage for my place.

Not sure if to sell (was £225K 4 months ago, now realistically £205K), or, rent and hope things improve in a couple of years.

Selling means I do a repayment mortgage.

Renting means 2 years of interest only mortgages.

What is the buy to let panels verdict?

[Bumfluff]

Depends what you can get for your house if its close to what you want I would sell. Things seem VERY bad out there, mines been up for 1 week at £399,950 and got the first offer today at ...... £330,000, £70k less estate agent says £330k-£340k is the max to expect, but told us to put on at £399k. Estate Agent said prices are now back down to 2005 prices in my area.

[Sockpuppet]

What is the buy to let panels verdict?

My advice is like Toad but with an F.

[tim123]

If it's anything like round where I am, you'll put a for sale sign and a to let sign outside and take the first that comes alomg.

Though I guess Wilmslow is an easier area to shift a property.

tim

[Diver]

My advice is like Toad but with an F.

Oh! Now I get it

[BrilloPad]

Oh! Now I get it

I dont! Spill the beans please.....

[DimPrawn]

I dont! Spill the beans please.....

TOAD

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V

FOAD

HTH

[FiveTimes]

WGAF, grow some balls and make your own decisions.

HTH

[BrilloPad]

TOAD

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FOAD

HTH

That was very useful - thanks! I did think of FOAD - but my brain is far too slow today.

[Clippy]

Got the AIP, all good to move to the bungalow, and rent out my Semi.

(Blimey, that sounds camp.....)

Got a house viewer today - they are wanting a second viewing. Nowt to sell, getting a second mortgage for my place.

Not sure if to sell (was £225K 4 months ago, now realistically £205K), or, rent and hope things improve in a couple of years.

Selling means I do a repayment mortgage.

Renting means 2 years of interest only mortgages.

What is the buy to let panels verdict?

This t0sser has outlived his purpose and is now exceedingly annoying.

Mods, can we get this fooker banned once and for all please.

Call it an early Xmas pressie to the congregation.