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Question on how to release capital from my home
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Then surely you would want to sell your home now and get the best possible (in your opinion) price for it?0
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perhaps i should have explained further that after 10 years or so we would be intending selling up in the uk and going to live there permanently.
As for risk, our uk home's value is about 3 times that of the foreign property which is in a region of about 5% capital growth p.a. and where there is a high demand for summer rentals....i could go on but given these facts do you still regard it as a risk?
Maybe I'm missing something obvious
Have you considered a mortgage for the home in the sun. Rates in euroland have been cheaper than UK and easier to obtain.
I sent you a PM with a.n.other idea which you may wish to consider :j"A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
Ride hard or stay home :iloveyou:0
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