im in very lucky position to have bought a house 11 years ago just as the market turned. bought house for 30k, now worth approx 110K with 18k outstanding on the mortgage. ive been living with relatively new partner, of 2 yrs for approx 12 months in his house, very slowly doing mine up (not particularly to a high spec) with a view to renting it out. im in this for the long term, i dont particularly want to sell for a quick buck (ive got through the first 10 years of mortgage on my own, taking in all kinda lodgers to subsidise me and am very proud that im halfway through paying MY OWN mortgage), but are my emotions clouding my judgement? should I sell at a great profit, but if we split up i only have to buy into the current market..... any thoughts?
mandimoo Tue 04/03/08 21:50