What would you do ?

[margaret124]

I have a 3 bedroom self contained flat with garden - mortgage free - I have now bought a house �230k - I have both up for sale, the idea was to sell the flat and use the money to put towards the house mortgage, due to the current house slump the flat is not selling being fixed at �132k - I have had offers but they fall through because they cannot get a mortgage as they have no deposit etc. I feel the flat will sell eventually - but I am unsure if I want to have mortage again, so if the house sells first then I would be mortgage free again. If the flat sells first them I have the house which I do like but then again I wish I never bought it - Help - What would you do ?

[flyciderman]

Have you thought about renting either the house or flat and putting that money towards the mortgage?

[margaret124]

Yes we have, we have now decided to continue doing the house up and move in - after all it is what we really want - I have reduced the flat to �127 see if it will make any difference - Thanks