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Remortgage to buy business
marky70
Posts: 7 Forumite
Hi all
Looking for your thoughts please
We have quite a lot of equity in our property and would like to remortgage to generate funds to buy a business
Can anybody advise if this is possible
Many thanks in advance
Looking for your thoughts please
We have quite a lot of equity in our property and would like to remortgage to generate funds to buy a business
Can anybody advise if this is possible
Many thanks in advance
0
Comments
-
Yes BUT...
If you are buying a business, you may find it difficult to use the incomes from a job you may be leaving?
Not all lenders will lend for business purposes.
It is subject to all the normal affordability and credit checks etc.I am a Mortgage AdviserYou 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.0
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