14:55 PM, 4th October 2022, About A year ago 13
Hello, We have a leasehold property in London which is unexpectedly vacant.
The letting agent can find a good credit tenant at an increase in rent.
Or another estate agent wants to sell it and quote a good price. This will expose us to a good chunk of CGT.
If we sell, we can buy multiple properties in our other favourite area – hopefully with a higher yield but freehold.
The question is, with the change in the mortgage market am I going to get my sale stuck in a chain and have perhaps six months void?
What do you think?
Please get your crystal ball out!
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