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We did. The plan was to sell, but offers dried up, so we got tenants in and now we're
slumlandlordsWe had to pay a boatload of extra stamp duty, but on the plus side, we have remortgaged the old place, interest only, to finance the new place more cheaply, and we get the rental income too, of course.
NotThamesWater
has anyone purchased the house they want to live in on a second mortgage, while they sell their current? any advice?
we got an AIP for such a deal, mortgage rate is higher for 2 years but being able move chain free would be mostly worth it.