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<blockquote data-quote="Andy1733" data-source="post: 537705" data-attributes="member: 34898"><p>It's sad you have seen this as a anchor but as Binky mentioned earlier in the thread. The larger houses take some shifting and as you have found out it's not a simple task of putting it on the market and it will sell. </p><p>I hope you get it sold asap m8 as it can be a real stress. </p><p>On a positive side. How did the new house turn out. Did you get it just right and most importantly. Was the Mrs happy?</p><p></p><p>From my side of the fence as an investor i would have viewed the property differently. </p><p>They would have rented it like you did but remortgaged it to get 75% of the capital out. You say 8 years which after 5 years remortgage and get probably all the capital out. So your then left with a 5 bed house which has a steady rentable income per month. Most of your cash back in the bank and still have 25% equity in the property.</p></blockquote><p></p>
[QUOTE="Andy1733, post: 537705, member: 34898"] It's sad you have seen this as a anchor but as Binky mentioned earlier in the thread. The larger houses take some shifting and as you have found out it's not a simple task of putting it on the market and it will sell. I hope you get it sold asap m8 as it can be a real stress. On a positive side. How did the new house turn out. Did you get it just right and most importantly. Was the Mrs happy? From my side of the fence as an investor i would have viewed the property differently. They would have rented it like you did but remortgaged it to get 75% of the capital out. You say 8 years which after 5 years remortgage and get probably all the capital out. So your then left with a 5 bed house which has a steady rentable income per month. Most of your cash back in the bank and still have 25% equity in the property. [/QUOTE]
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