Lightmyfire
Registered User
- Messages
- 23
Ideally wanted to take an interest only loan and release equity from the value of the house.
Could they trade down?can cover the interest payments. This is why they are considering releasing equity in their home.
Er - trade down to a house that needs no home improvements. And perhaps pocket a CGT free lump sum to boot. Just another option.Can't see how tradinng down addresses the issue posted. The cash is for "home improvements"
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