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Need information ref Barclays mortgage taken out by elderly mother 1995
julie1859
Posts: 1 Newbie
I’ve been looking on various sites trying to find out if there’s been any movement by Barclays over their shared ownership mortgage taken out in 1995/6. Need to move my mother to live with us, think on loan of £30,000 , house value £240,000 that she may if lucky come out with £73,500. I know about the interest free loan if going into new home, just wondering if there is any prospect of her getting closer to £100,000. Thank you.
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Comments
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Do you mean Shared Appreciation? Don't really know to much as never arranged any but Teacher Stern may be you best point of contact if the Appreciation schemeI am a mortgage broker and IFA. 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 advice0
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