Is there any recommendations on how to go about getting an unusual mortgage?
I want to buy a house that is non standard (airey) and then straight away rebuild (to the prc repair spec) this will increase the current price of the house.
eg house £60k + £30k for repair = £140k new value
although I have a mortgage in place (for £120k) from my bank but they are not interested in lending on an airey.
If I want to buy the house at £60k but then need a £30k loan to repair so then have a mortgage and loan running in parallel?
or is there another way?
I want to buy a house that is non standard (airey) and then straight away rebuild (to the prc repair spec) this will increase the current price of the house.
eg house £60k + £30k for repair = £140k new value
although I have a mortgage in place (for £120k) from my bank but they are not interested in lending on an airey.
If I want to buy the house at £60k but then need a £30k loan to repair so then have a mortgage and loan running in parallel?
or is there another way?