We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
financing for renovation project
Options
dkrak
Posts: 1 Newbie
Hello and thank you for reading
I would like to find out what options are for me in case of my project: I wish to purchase house that is in need of renovation and hte sell it off. What would be type of financing available for me in this sort of endeavor?
I already have one residential mortgage.
With regards
Darius Krak
I would like to find out what options are for me in case of my project: I wish to purchase house that is in need of renovation and hte sell it off. What would be type of financing available for me in this sort of endeavor?
I already have one residential mortgage.
With regards
Darius Krak
0
Comments
-
Usually it would be a bridging loan, but its probably worth sitting down with a broker as there could be other cheaper options... bridges are not really cheap, but they do the job.I am a Mortgage AdviserYou 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.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards