K
kyrstall
Guest
Hello All
Briefly my situation is this , Family home is in need of major renovation I and my sibling's are not in a position to fund this.
My Father live's in the house with one sibling who is not working and father is retired.
My search for a solution has brought up the possibility of equity release and though I realise the pitfall's it seem's to be the only real option we have.
I have no idea how to go about dealing with this and im hoping one of you financial whizz kid's can help me out.
Do we approach lender's first? or a soliciter? also will the fact that the house is currently not insured cause additional problems?
Any advice would be gratefully recieved.
Kyrstall
Briefly my situation is this , Family home is in need of major renovation I and my sibling's are not in a position to fund this.
My Father live's in the house with one sibling who is not working and father is retired.
My search for a solution has brought up the possibility of equity release and though I realise the pitfall's it seem's to be the only real option we have.
I have no idea how to go about dealing with this and im hoping one of you financial whizz kid's can help me out.
Do we approach lender's first? or a soliciter? also will the fact that the house is currently not insured cause additional problems?
Any advice would be gratefully recieved.
Kyrstall