We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Advice required
Andrea2528
Posts: 284 Forumite
I'd like some advice please on behalf of someone else.
This person is currently owing approx. £50,000 and he is in a situation where he has a poor credit rating. However, he owns land to the value exceeding the amount of debts owing.
What he would like to know is can he remortgage a certain percentage of his land to pay off his debts amount?
This person is currently owing approx. £50,000 and he is in a situation where he has a poor credit rating. However, he owns land to the value exceeding the amount of debts owing.
What he would like to know is can he remortgage a certain percentage of his land to pay off his debts amount?
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.5K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards