Sell or Let?
When you move home, the decision of what to do with your existing property is a very important one. Most people find that they have to sell their current property, especially if extra money is needed to buy a new one. However, what is the best decision for you – selling or letting?
Benefits of selling
Cons of selling
Benefits of letting
Cons of lettings
It’s your decision
There are a number of advantages and disadvantages when it comes to selling or letting a property and you need to make the decision based on you and you only. The first step is to decide whether you can afford it. As well as the house itself, there are also a number of other costs associated with letting a property. You also need to remember how time-consuming being a landlord can be.
However, the benefits of extra revenue earned from any rental properties cannot be denied. If you are unsure about what to do and would like to speak to an expert, please get in touch today.