Estate Agents In York

Sunday, November 8, 2020

Should we maximise our mortgage if we move out of London?

We’re going to Belfast on a trial basis but want to make it as easy as possible to return

Q My wife, son and I have decided to up sticks from east London in order to try out my home town of Belfast on a two-year trial basis.

Given recent buy-to-let tax changes, we’d be losing money on our flat if we wished to rent it out in the meantime. Therefore I think we’d prefer to sell. If we managed to do this soon (while the market is still hot), we should get more than £400,000 for our little flat.

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