Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

    • B3ccs
    • By B3ccs 17th Oct 16, 12:15 AM
    • 1Posts
    • 0Thanks
    Equity Release
    • #1
    • 17th Oct 16, 12:15 AM
    Equity Release 17th Oct 16 at 12:15 AM

    Newbie here be kind

    My parents have kindly offered to help me buy my first home but to do so would be realeasing equity on there's it's mortgage free what's the options available is this a smart move?

    The property is a project and is on the market at a steal of 35k the idea is do it up sell it on pay back the loan to them I'm just not sure on the T&C's of equity release?

    All help much appreciated
Page 1
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

982Posts Today

6,491Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line?

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin