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Later Life Mortgages & Equity Release Schemes
GlamRockChick
Posts: 1 Newbie
Trying to raise £10-£15K for debt consolidation, repairs needed to both properties that I own, holiday etc. Been turned down by Equity Release schemes, one Later Life Mortgage and loans. Various reasons given such as age restriction on properties, service charge & ground rent too high, location near to commercial properties and many more. The two properties I own outright and worth approx £300K in total. Where do I go from here. Maureen Lawrence
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Do you generate any income from either property or do you consider both to be for your own residential use?
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