I rang AIB to see if we'd qualify for a mortgage for a renovation project on another house while we live in our home.
Despite the fact that we would renovate over a lng period, and then move in- they would consider it a buy to let mortgage and require 30% deposit.
Are all the lenders like this or would any consider topping up the existing home equity for another property renovation?
Thanks, Mrmr
Despite the fact that we would renovate over a lng period, and then move in- they would consider it a buy to let mortgage and require 30% deposit.
Are all the lenders like this or would any consider topping up the existing home equity for another property renovation?
Thanks, Mrmr