Well if you want to lose the muscle you have i'd say you're going the right way about doing it.
You can cut without doing any cardio at all if your diet is spot on. It's up to you really, but if you want to keep muscle while reducing your body fat, I suggest you don't do cardio and weights in the same session. You can do them the same day if you have the time, for example cardio in the morning (light though) and weights in the evening.
Im not too fussed about losing muscle, all im trying to do is get a low body fat then tone up a little.
So your saying if I did no cardio and only the weights and have a good diet (which I have) I will lose body fat anyway? okay sure but would I lose it at a decent speed, for example doing no cardio losing it in say 6 months and doing cardio and losing it in 3 months?
I could try fit it in like how you said dropping the social life pretty much lol but I'll see what I can do even though I couldn't do that every day.