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So what then? Just sell the place. Or are you using a BTL re-mortgage to extract the equity you need?
If the market is so bad, can't dream home owners wait for you to get a sale?
Howard-
Yep, BTL to extract equity, it's termed "Let to buy".
Market is bad for selling, but good for buying, so in my mind it makes sense to try get a good deal on a place we like, and try selling ours at a future date. Mind given the current doom and gloom house prices could drop and this all goes tits up for us. But hey ho, life's a gamble.
Dream owners are in a bind, are emigrating due to an unexpected sick relative and need to sell up to go.
Hovis
Cant avoid it. Dream home found. I'm sure you're right, but at least it will be an experience.