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Should I sell my buy-to-let flat or keep it?

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theguardian.com

Q In 2006 I bought a flat on the south coast. Looking back I had no clue what I was doing and got caught up in an unrealistic bubble that burst soon after.

I live in rented housing in the south and couldn’t really afford to buy anything. But I thought I would get a buy-to-let mortgage and that holiday letting would pay the mortgage and that at some point I would own it as I would otherwise never be able to buy in the area I live as my work has always been unstable freelance.I was refused a buy-to-let mortgage (they said there was no guarantee it would let for enough weeks but I knew it would because of the seaside location) so I asked for a domestic mortgage, planning to live there within a couple of years and thinking it was no big deal.

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