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FUNDING, VAT AND INSURANCE

MY LOVELY 18 CENTURY COTTAGE IS IN NEED OF A FULL SCALE OVERHAUL AND I WONDERED IF I WOULD BE ABLE RAISE ABOUT £60,000 BY TAKING OUT A MORTGAGE ON THE PROPERTY IN ORDER TO FUND THE WORK. I DON€T HAVE A MORTGAGE AT PRESENT AND THE PROPERTY MUST BE WORTH ABOUT £450,000.



The simple answer is yes, in theory that should be relatively easy to arrange. However you would need to take specific advice based on your own personal circumstances.

 
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