Does anyone know?
Do you bank the money from the sale and then pay rent for the new place and mortgage? Or do you pay the mortgage early with the sale money?
We are thinking of moving as we have problem neighbours but have gone from 2 incomes to 1 as I'm a SAHM. Just trying to figure out finance options if we were to move. Would we have to get a cheaper place as mortgage isn't paid off that much/property not gone up massively? We put down 10% deposit initially.
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What happens if you sell your mortgaged home then move into rented accommodation?
19 replies
SootySweepandSue · 28/06/2011 11:33
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