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Podcast: The Property Podcast
Episode: ASK241: ​Should I sell my property at a loss? PLUS: Should I be worried about the service charge?
Description: Happy Tuesday! We’re back with another Ask Rob & Rob.Â
First up this week is Jonathan who recently got married (congratulations!). His wife had purchased a property a few years ago but unfortunately it’s now worth 10% less than what she bought it for.Â
But she does have 50% equity tied up in it. So here’s the big question:
Should they sell the property at a 10% loss and purchase their ideal property, or do they release some of the equity and then rent it out?Â
Which is going to be the more profi...