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Property/DIY

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Sell or remortgage?

0 replies

Icaughtafishalive · 07/10/2021 18:19

Would appreciate advice.

I let my house out when I met dh and moved into his. Now looking to buy somewhere else together.

We are struggling a bit. We can remortgage but only for a small amount which would leave us without any wriggle room.

Or sell in which case we’d be laughing - but need to evict the tenant. There’s absolutely nothing on the market and so this could be a lengthy and unpleasant process.

Selling to an existing landlord is unlikely to be a very appealing option because the rent is considerably under market rate.

Any thoughts or views? Not sure what to do.

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