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Grandma wants a campervan.
Ragtrade1
Posts: 1 Newbie
i'm mortgage free, how do i release £25000 from the value of my house without going down the Equity Release route??
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Comments
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@ragtrade1 If you have the income to support a 25k mortgage, then you can do a capital raise remortgage with a lender who is ok with releasing cash to buy a campervan.
I am a Mortgage Adviser - 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 advice.
PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.
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If you don't have the income and don't want to use one of the equity release products then the old-fashioned 'down-sizing' route is always a consideration...... but that can be quite expensive just to obtain £25k...0
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