How to borrow against property - sub prime help please

muddywater

I own a house worth approx £90k (no mortgage - fully paid) which I don't live in but will be renting out in the next couple of weeks @ £550pcm.

I have only just applied to go on electoral roll at my current address, where I've lived only 3 months - not on electoral elsewhere as lived abroad for many years.

I have just (2 months) started my own business (vat registered limited company). Clearly I have no relevent credit history or proof of income yet.

I wish to borrow approx £30k against the property, can anyone suggest who can help me?

Thanks in advance.

Gaz83

You could try a broker, but you're going to struggle to find anyone willing to give you a loan of £30,000 if your income is £550 per month.

[Deleted User]

i doubt you could now except at high interest rates