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Need to raise capital from equity

creamtea_2
creamtea_2 Posts: 100 Forumite
in Mortgages & endowments
Please could someone advise me. Have equity in property however need to raise some money from it. Please can you advise the best way?
Dont want equity release (too young) dont want to sell (love home) partner is unable to work at present due to cancer. Please can someone advise me?
Thanks:A
:confused:

Comments

  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    You can either go to your current lender or, if you can find a more competitive deal to cover the whole amount, you can go to a different lender. This is assuming your income is enough to cover the new loan amount you are looking to take out.

    HTH
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • creamtea_2
    creamtea_2 Posts: 100 Forumite
    ;) Thanks very much was hoping you would say this, do I call and ask for a total remortgage package or a top up? Thanks. I do hope they will agree as am with a good B Soc dont really want to change them.
    :confused:
  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    Tell them exactly what you want to do, and they will advise how they will look at setting it up for you.

    HTH
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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