K
where do start if i want to sell affordable housing
i havent a clue
Do the Council set the value of the property?
Did you break even?
VonLinus
Sorry to hear you had to sell your home. How long did you have it for? Were you S/O or Full Annuity? I'm thinking of the same but I have spent about 80k over the past 5 years on this pile. Its killing me to walk away as I'd have to start all over again but it might be the only way.
Does anyone know if you sell your affordable house for 20k more than you paid for it i.e bought for 185k and sell for 200k and the market value at the time of purchase was 335k (140k remaining on the mortgage) How much are the Council entitled to take? If you sell for under the purchase price of 185k (i.e. 180k) can the Council take any of the difference (i.e. 40k).
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