Hi All, can I have your advise please.

I have a flat which I bought in November 06 which I spend no time in as i stay at boyfriends. My mortgage payment is £535.00/month on a repayment mortgage of approx 89k.

I can get a three year no void deal which will service the interest but not all of the capital so would cost me approx £100.00 month. My mortgage company says I can keep current deal.

I bought it for 100k and they are now selling for 120k but I would have to pay £1500.00 in redemption fees to mortage company on top on solicitors and estage agent fees.

What does everyone think I should do, rent it out for a long term investment or sell and put money on deposit in bank.

Thanks