As my mortgage is just 30% of the house value, I am going to get a second mortgage on the house I want, pay interest only on both, rent my house out, then, sell when things are more stable in however many years this takes.
My logic is that people want to buy, or, rent. As they are not buying just now, there are more people wanting to rent than there are houses available for rent.
Sounds too simple, but, AIP with the RBS all in hand.....
Second viewing on Saturday, so, we will see how things go!
My logic is that people want to buy, or, rent. As they are not buying just now, there are more people wanting to rent than there are houses available for rent.
Sounds too simple, but, AIP with the RBS all in hand.....
Second viewing on Saturday, so, we will see how things go!
Comment