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gibo
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moving and renting out my house

Currently I have a mortgage on my house, the mortgage is £2000.

I am moving to another city, but dont wish to sell my house, the rental value is £1500.

Does it make sense for me to 'cover' the £500?

The house is worth £600,000 and I have 20 years left on my mortgage.

gibo
  • 141
  • 2