Hi!
We have a rental property for which the mortgage is paid off.
We have a current mortgage on our PPR.
Can we re-mortgage some of the equity of the rental property for a college fund?
Rather than sell up outright, we would rather release the equity in part as needed, as such ...
I can't find much on t'internet about Equity Release other than for Retired people to boost their own income.
Thanks!
/M.
We have a rental property for which the mortgage is paid off.
We have a current mortgage on our PPR.
Can we re-mortgage some of the equity of the rental property for a college fund?
Rather than sell up outright, we would rather release the equity in part as needed, as such ...
I can't find much on t'internet about Equity Release other than for Retired people to boost their own income.
Thanks!
/M.