....The other thing to do is work out how quickly you really need to sell your current home. Could you afford to rent for a few months in your new location while your home remained unsold and you still had to be paying the mortgage on it? If the sums look tight, would your mortgage lender let you switch to a cheaper, interest-only
mortgage once you have moved out and the house is on the market? If it turns out that you don’t need to rush a sale, you are likely to get a much better price for your home. ...
[Read full article on Guardian
Thursday 2nd of March 2017 07:00:10 AM