Dh has been offered a job in Dorset.
Very excited. Job sounds good and would like to live near Bournemouth. It is early days yet, so no rash decisions - probably rent to start with, ds and I move down there in time. Buy a house.
But I still like our old home. Outskirts of SW london. Good location. Ds has name down for good school.
And job may be for life. But also, particulalry these days, 2 or 3 years later, you might have to move again. And we might be glad to have our old base, to return to.
Can you have 2 houses ? Rent out old. Buy new in Dorset.
Expats sometimes keep their UK home, right ? How do they do it ?
Dh says We can't. Says to change our old mortgage to buy-to-let, the rent has to be 130% of mortgagae - ie if mortgage is £1000, rent must be £1300. Plus you have to have 12% deposit .
Now, I'm not suggesting that this whole thing would be financiallly easy, but surely with a struggle, it is just about possible ? No ? Am I unrealistic ?