Our house has been on the market since the beginning of the year and the market where we are house is, is stagnant. We have two couples interested in our house, but they can't go ahead as they have houses to sell themselves :(
We need to sell as we have moved away from the area, and are basically stuck in a small rented flat until we can release the equity from our house.
However we can't wait for a buyer forever and the house has been empty for a couple of months now - so we have looked into letting. The rent on our house would we less than the rent we are paying on the flat we are living in (prices in the south are mental!) and we would have to factor in tax, management fees and repairs, but it would be an additional income and we still have our mortgage repayments.
We have totally refurbished our house and just worried that it won't be as presentable to potential buyers if we put it back on the market in 6-12 months time. Plus friends and family keep saying that it will get trashed if we let it out. Has anyone had any experience of doing something similar?
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Anyone let out their home cos it won't sell?
9 replies
hateestateagents · 08/09/2011 12:21
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