It's been a while, -so here's an update! (quite long)
#16
Forum Regular
Joined: Jan 2007
Location: West Sussex till end of 2009- then somewhere sunnier
Posts: 135
Re: It's been a while, -so here's an update! (quite long)
Well, I would say we wouldnt care either but the rental income wouldnt cover the mortgage, so that means we would be starting our new life with a deficit every month. Not ideal, and the equity, although its getting less and less, is the financial safety net to our set up in Oz.
#17
Just Joined
Joined: Jun 2008
Location: At the moment Mackay in Queensland Australia
Posts: 24
Re: It's been a while, -so here's an update! (quite long)
Well, I would say we wouldnt care either but the rental income wouldnt cover the mortgage, so that means we would be starting our new life with a deficit every month. Not ideal, and the equity, although its getting less and less, is the financial safety net to our set up in Oz.