Relative's dilemma over selling house

[Tarquin]

A kk

 

[Satanta]

Should we be saying to him that sentiment is costing him too much?

Obviously, if he can't afford the house (and without tennants it would be very tough paying both mortgages) he has to do something.
Nobody can make up his mind for him. If he feels guilt, he feels guilt. Nothing you, or any of us, can say will change that. The best you can hope for is to change his train of thought slightly.
What would his Uncle want him to do?
Would his Uncle like seeing him in a tight financial situation?
Would the Uncle perfer to see him happy and with no second mortgage hanging over him? etc. etc.

Trying to force the way he's thinking isn't going to help. Helping him see it from another POV may.

 

[Tarquin]

Thanks

 

[ontour]

Correct me if I am missing something but the mortgage he has was solely to finance a property in Dublin. Obviously the mortgage repayments were beyond his financial means without the rental income from his uncles property which means that he made a significant financial risk.

Unfortunately such a risk leaves no room for sentiment. He could always consider buying a property in Dublin that is within his ordinary income financial means thereby allowing him to retain his uncles property.

 

[Tarquin]

Thanks