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Mortgage

peterw44
peterw44 Posts: 1 Newbie
in Mortgages & endowments
Hi

First time post so please be gentle.

We are lucky enought to have no mortgage on our property.worth about 180k .

We are looking to raise 50k for an extention.

any ideas on the best deals available and what type of mortgage it would be..cant seem to find any deals for not having a mortgage i.e owning the property..

regards

peter

Comments

  • kingstreet
    kingstreet Posts: 39,029 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Remortgage of an unencumbered property.

    You'll have to research the type of product which will suit you best. There is no best deal for everyone.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • ACG
    ACG Posts: 24,087 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    It would just be classed as a remortgage.
    Best deal will depend on your circumstances. You need to look at rates and criteria, not just the rates. Or speak to a broker and get them to do the leg work for you.
    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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