I want to sell my flat and buy a house in the summer, we have a fixed rate mortgage which is finishing in October of this year and we have a shared
ownership flat, when we bought the flat 18 months ago the plan was to have it for 2 years and then sell it on but it seems we have bought a bit of a lemon, the gas central heating broke 6 months after we moved in, the floorboards are all giving way so there is still quite a lot of money to be spent on fixing these things before we can sell, also the exterior of the building has not been upgraded and there is no secure entry at the front door, all in all it probably won't sell on the market for what we paid for it, i was looking into a part exchange deal with a new build but I don't know if that would be jumping from the frying pan into the fire. Does anyone know of any way we can flog this dead horse?
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2 Answers
16 January 2011