We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
Have Great Mortgage-Want to raise some capital
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
-
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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards