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Best way of unlocking £100,000 from the house
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No, we have a change of plans.
Postphone the business plan...do up the house to command top selling price, buy a smaller house to live in and use the rest of the money for the business.
That way, we won't be borrowing money at ridiculous interest rates.
Far more sensible. While you are rightly concerned with paying high rates of interest. I'd be more concerned with losing my home if the business doesn't work out.0
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