To Let or To Sell? That is the question - what would you do?

[Fettle]

We are moving due to DH's job in April to a house provided by his job for which we have to pay rent.

We are currently living in our own house which we are very unlikely to ever return to live in again.

So I'm just wondering whether you would let out your own home or sell it, banking any profit for when you buy another house.

We are unlikely to be living in our own house again for 4-5 years, I'd say and in that case it probably definitely won't be the current house we are living in.

If we let it out, we should get more than enough to cover our mortgage, but will be at least a 4 hour drive away, so will need a fully managed let by an agent.

If we sell, we will be in a strong position as future buyers, but may lose out on current house prices, although our neighbour's house is on the market for more than we bought ours for.

Thanks for any advice/thoughts for us to consider!

What is the plan after 14 months? Would your DH be looking for work around that area?

If so then look for somewhere with good transport links.

We did that, moved to an area only a few minutes drive from 2 motorways so that should DH's job change he could commute easily.

We also chose houses that we could sell on easily, hence the modern ones, easy-ish to maintain whilst we were in them, and chose in areas that were popular. It meant we could put down roots.

Thanks everyone - just in case anyone is interested, we've taken the decision to sell. Fingers-crossed all goes smoothly now for the sale! (and house prices don't shoot up, but not convinced they will, even our estate agent is considering selling and going into rented as she's so sure prices are going to go down again before they slowly rise.)