Looking at the numbers I could possibly rent my current flat and buy the house that we were originally looking at.
If all goes well (rented 11 months out of 12, property prices don't plummet in the medium term, rents stay stable, interest rates don't shoot up) then the numbers would look pretty similar to selling and buying.
Is it a terrible idea though given the possible uncertainty coming up? We will obviously be much more exposed to any drastic changes in the property market and I don't particularly want to end up as a landlord.
Looking at the numbers I could possibly rent my current flat and buy the house that we were originally looking at.
If all goes well (rented 11 months out of 12, property prices don't plummet in the medium term, rents stay stable, interest rates don't shoot up) then the numbers would look pretty similar to selling and buying.
Is it a terrible idea though given the possible uncertainty coming up? We will obviously be much more exposed to any drastic changes in the property market and I don't particularly want to end up as a landlord.
Any thoughts?