Already own the current house outright - bought at sensible price and paid it off asap.
We'd like to move somewhere else in a few years so that kids can get the benefit - but don't want a huge mortgage or to save up hard forever (probably just for a deposit) - you get the idea.
Would the esteemed financial experts on here think it prudent to just rent somewhere nice and rent out the current property, thereby retaining a place in the housing market and getting cash in to cover a big chunk of our rent?
We'd like to move somewhere else in a few years so that kids can get the benefit - but don't want a huge mortgage or to save up hard forever (probably just for a deposit) - you get the idea.
Would the esteemed financial experts on here think it prudent to just rent somewhere nice and rent out the current property, thereby retaining a place in the housing market and getting cash in to cover a big chunk of our rent?
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