C
cynthia
Guest
Hello,
I live in a house that is fully my own (no mortgage) but I have run up some debts 20,000 GBP (not all mine but I have to pay them). If I sell my house I would get about 64,000 GBP. So I can close all the debt and put the rest in a saving and rent. I can rent for about 450 GBP a month and I can afford that (I won't be paying it all myself).
So my question is, is it a good option to sell? Should I rather keep the house in case for some reason I lose my job? (right now my work is going well).
Thank you in advance.
I live in a house that is fully my own (no mortgage) but I have run up some debts 20,000 GBP (not all mine but I have to pay them). If I sell my house I would get about 64,000 GBP. So I can close all the debt and put the rest in a saving and rent. I can rent for about 450 GBP a month and I can afford that (I won't be paying it all myself).
So my question is, is it a good option to sell? Should I rather keep the house in case for some reason I lose my job? (right now my work is going well).
Thank you in advance.