Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • B3ccs
    • By B3ccs 17th Oct 16, 12:15 AM
    • 1Posts
    • 0Thanks
    B3ccs
    Equity Release
    • #1
    • 17th Oct 16, 12:15 AM
    Equity Release 17th Oct 16 at 12:15 AM
    Hi!

    Newbie here be kind

    My parents have kindly offered to help me buy my first home but to do so would be realeasing equity on there's it's mortgage free what's the options available is this a smart move?

    The property is a project and is on the market at a steal of 35k the idea is do it up sell it on pay back the loan to them I'm just not sure on the T&C's of equity release?

    All help much appreciated
Page 1
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

191Posts Today

1,237Users online

Martin's Twitter
  • RT @itvMLshow: We are filming tomorrow in Torremolinos! If you're in the area, head to Branigans on Av. Palma de Mallorca between 5pm-6.45p?

  • RT @mmhpi: ??The money and mental health manifesto - 10 steps to boost #mentalhealth & financial #wellbeing for Britain #GE2017 https://t.c?

  • In Spain in a restaurant ready for filming in Torremolinos tomorrow (do come and see us if you're there) watching #mcfcmufc #CTID

  • Follow Martin