Sell or Let?

Question

I have a house [not my main residence] and wonder if it is more viable to sell it rather than let it out.

I have a mortgage of £100,000 and the sale value of the house is circa £125,000, would it be to my benefit to sell and not have to pay any mortgage in future?

Answer 1

I don't know how the market is their. But if you see it spiraling sell. Otherwise keep it, and rent it. You can make some investment as well as keep it.