If I sell my house and go into rent accom for 6-12m could I keep my mortgage but not the house?
I want to move to new area in approx 12m. Thinking of putting house on market now and if necessary going into rented accom so I have mobility when the time comes. But I have an absolutely fantastic mortgage deal atm which I would be giving up by paying off the mortgage and starting again in 12m.
I can def afford mortgage repayments and rent...I have windfall in the bank and would also have substantial equity in bank too.
But I am guessing it will be a no from bank pov cos unsecured. I am also a student so not eligible for taking out a mortgage.
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almoat certainly a stupid question...but i'll ask anyway
7 replies
HauntedLittleLunatic · 10/07/2011 21:51
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