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Later Life Mortgages & Equity Release Schemes

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GlamRockChick
GlamRockChick Posts: 1 Newbie
in Mortgages & endowments
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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  • MWT
    MWT Posts: 10,273 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Do you generate any income from either property or do you consider both to be for your own residential use?
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