We currently have a €60,00 mortgage on a property valued at approx €150,000.We want to release equity - €75,000 - in order to build a house for re-sale. Our current rate is 3.35% tracker.
1. Should I change companies for a better deal??
2. Can I tell my lender that I want money for another property??(I said that I wanted it for home improvements when I rang to enquire. )
All advice appreciated.
1. Should I change companies for a better deal??
2. Can I tell my lender that I want money for another property??(I said that I wanted it for home improvements when I rang to enquire. )
All advice appreciated.