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Buying with cash, then releasing equity

Richards1983 · 2018-03-21 14:10:03

Hi all, Any experience with buying for cash and then taking an equity release mortgage? I'm considering making a cash purchase of a property, with a view to sorting out a planning issue and then (if that all goes OK) taking an equity release mortgage to take around 50% of the cash back out. I'd be very interested to hear…

21-03-2018 2:10pm

#1

Richards1983

Registered Users, Registered Users 2 Posts: 171 ✭✭

Join Date: February 2017

Posts: 128

Hi all,

Any experience with buying for cash and then taking an equity release mortgage?

I'm considering making a cash purchase of a property, with a view to sorting out a planning issue and then (if that all goes OK) taking an equity release mortgage to take around 50% of the cash back out.

I'd be very interested to hear if anyone has some insight on such.

Thanks,
Con

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