What can I do with my mortgage/equity?

ChampagneShiv

First time post!
Hello
I am 50 years old, married with kids. I have a property in my own name that I purchased before I was married.
I have just under 7 years left on the mortgage with roughly 45,000k left to pay. Also have an equity loan/ second charge on it, which is repayable upon sale of the property, or sooner at a discounted rate. The loan amounts to approx 33% of the value of the property. Additional borrowing is permitted for home improvements or to pay off the loan, but does not appear to be limited to that, only conditions are not to pay off personal loans. 

I have approx £200k equity in the property (If my calculations are correct!)

I have a good credit rating with experian. 

As of recently, I don't live in the property at present as it got too small for us all and there are ongoing issues with the construction of the building. It is being used by a house sitter while I decide what to do and keep it secure as it's not in the best location. The house sitter pays nominal fees. 

I live in my husband's house that he financed, but my name appears jointly on the ownership papers. I contribute to some household/family expenses, but my husband is responsible for the bigger outgoings due to his salary.

I am wondering what possibilities are open to me if I look to remortgage or release some of the equity in the property as I have the option to purchase a share in a buy to let/holiday home and I want to plan for a change of direction for the future for my future income.

I could also plan to jointly buy something with one of my adult children to generate a bit of shared income and potentially set them up for the future. 

I am also considering selling the property but I think this will be difficult at present due to unresolved maintenance issues with the other freeholders. Another option is to release some equity to pay for the maintenance before I sell it, but again the other freeholders are dragging their heels about contributing towards this.

I am in permanent P/T employment, with an income of approx £40,000 and have a bit of rainy day money in personal savings and a few pension pots, including full state pension allowance.

Any advice or suggestions about what I can do. Thank you 

MWT

In the absence of other comments and without getting a lot more details from you I'd suggest you start by talking to a good broker, preferably not one of the 'free' national chains as your situation is more complex then they are going to be able to handle.

Keep in mind that if you view the property as difficult to sell it is also likely to be difficult to remortgage before you have resolved the shared maintenance issues...