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Have Great Mortgage-Want to raise some capital
Options
SlinkMink_2
Posts: 17 Forumite
Have a great deal at the moment paying tiny amount over base rate.
Want to raise £50K for home improvements to be completed.
Current borrowing, at present 40% LTV
However income multiplier maxed out!
What is the best way to raise the further £50K:question:
Couple Aged 55+
Credit rating poor
Mortgage payments ALL fine!
Anyone with any suggestions?
Thank you
Want to raise £50K for home improvements to be completed.
Current borrowing, at present 40% LTV
However income multiplier maxed out!
What is the best way to raise the further £50K:question:
Couple Aged 55+
Credit rating poor
Mortgage payments ALL fine!Anyone with any suggestions?
Thank you
Jus' tryin' to always entrepreneurably improve ma situation...:rotfl:
0
Comments
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It sounds like a secured loan, may be your solution.
This enables you to keep your current main mortgage, raise funds swiftly, and borrow on more generous affordability calculations.
Speak to a good mortgage broker.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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 -
Can u suggest one?Jus' tryin' to always entrepreneurably improve ma situation...:rotfl:0
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