Any mortgage lenders in UK who will offer/find remortgage to someone not working but who’s a carer?
Getting carer’s allowance and seeking part time job. Has endowmentment mortgage £45,000 – about 5 1/2yrs left. Uptodate on payments. Present interest rate little over 9% as orig. lenders taken over.
The property in London worth about £200,000 – once improved approx £240,000(one recently sold on same road). Needs improvements – Can’t even consider renting part or whole until some work done.
Amount needed additional to original mortgage is approx
£40-50,000.
Would equity release be better seeing aged over 50?
Any advice?
Hi.
There are some good mortgage/re-mortgage lenders on this site who will match you up with a lender : http://fedho.com/t/?i=c3
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