Re: selling up and renting?
Originally Posted by
sarah kay
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think our houses make money for others when we pop off and not after struggling hard to buy and maintain the thing?
I get where you are coming from
We do have plans of selling up eventually and spending the profit, but we will be buying a small apartment or house to live in. Renting privately leaves you open to having to move again and again and no council on earth will house us having sold
If you need the money from your property then look at equity release. Friends of ours did this, sold half their house a few years ago now. Norman just died last week and his wife had died two years ago. The bank now will force the sale of the house and take their half - which is considerable. Even with the daughter only getting the other half, it still leaves her getting a good inheritance