Can you remortgage and release equity for anything? Not quite. Here are the most common acceptable and unacceptable reasons lenders look at, including business use and debt consolidation. Remember: Securing unsecured debt against your home may increase the total amount repaid and puts your home at risk if payments aren’t maintained. Always understand the long term impact before raising funds. #remortgage #equityrelease #ukmortgage #mortgageadvice #debtconsolidation
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Can you remortgage and release equity for anything? Not quite. Here are the most common acceptable and unacceptable reasons lenders look at, including business use and debt consolidation. Remember: Securing unsecured debt against your home may increase the total amount repaid and puts your home at risk if payments aren’t maintained. Always understand the long term impact before raising funds. #remortgage #equityrelease #ukmortgage #mortgageadvice #debtconsolidation
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