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bridging loans-unbiased advice, please?
riversidejo
Posts: 36 Forumite
would love some good advice please, but please be patient...?
we are selling our house, and are buying my parents house with the proceeds, they are building an extension for themselves to live in...
we were thinking of getting a bridging loan while our sale goes thru so that my folks can start the extension before we complete buying from them. any advice?
we are selling our house, and are buying my parents house with the proceeds, they are building an extension for themselves to live in...
we were thinking of getting a bridging loan while our sale goes thru so that my folks can start the extension before we complete buying from them. any advice?
Wife, mother and domestic nightmare 
0
Comments
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More info? Likely selling price of yours, mortgage outstanding, purchase price of theirs, new mortgage required and cost of extension and and stage payment paln.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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Why don't they get a loan to start the extension?0
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