[ Post New Message | Post Reply to this One | Send Private Email to Lee Wisener | Help ]

Response to Negitive mortgage how do i move on

from Lee Wisener (Lee@wisener.net)
Honest Joe as he calls himself has a point that might be useful to you, but rather than selling it him have you considered moving into local authority property as suggested and renting your curent property out. You may be able to cover the monthly payments on the mortgage and get a bit extra!

Using AST's (Assured Shorthold tenancy agreements) you can rent the property out and in time who knows, the price may climb again allowing you to sell at a profit or at least without a shortfall.

You will need permission from your lender though to rent the property out.

(posted 7770 days ago)

[ Previous | Next ]