Are you looking to add an Extension or a Loft Conversion and want to raise capital to fund the project ?
If you are looking to raise the finance in order to complete the project of your dreams it may be possible by raising capital, but this takes careful consideration, and you want to make the correct decision on how this is arranged.
By taking out a further advance or by remortgaging your home, you can release any available equity in your property to put towards your desired home improvements. Any equity you have is the difference between your property’s value and the remaining mortgage, so how much you can take out will depend on how much money you’re ‘freed up’ in your home.
The following are a few examples of how you might raise the finance for your loft conversion:
- Further Advance on your existing mortgage
- Re-Mortgage to a different Lender
- Secured or Unsecured Loan
- In some cases, Equity Release
Buy To Let Landlords
Remortgaging is also an option for you if you are looking to extend in order to increase the yield on your existing property.
If you need FREE impartial advice speak to our appointed Independent Mortgage Broker – Laurence Gould, who is part of Julian Harris Financial Consultants and see if he can assist you in achieving your vision call 07946 508 375.