I may be looking to move house, but it looks like I'll break even on the house I'm selling - the zoopla estimated sale price is the same as I owe on the mortgage. Thankfully I'm not dependent on this to buy another property but it would be nice to make a bit of money given the modest work we've done to it in the last few years.
I can take the hit and sell the house, or I could get an interest only mortgage on the current house and rent it out. I seem to recall that I'd have to do a fair bit of work though to make it suitable for renting out e.g. hardwired fire / smoke alarms, get all the electrics bang up to scratch and so on.
Therefore what with the hassle of being a landlord (agent can take care of some off this) and the work required to get the house up to standard, should I sell up or rent it out and sell on when / if the market ever recovers?

