Develop your Property: Home Improvement
Many clients are approaching us for advice in funding to extend, re-design or simply refurbish their properties. This has become an ever more popular option since the Covid-19 lockdown where people spent much more time in their homes and began wondering whether they could make them better places to spend more time.
For these purposes you can use a remortgage or second charge mortgage to get additional funding on your existing property without selling it. Depending on the cost of the work versus the current value of the house, the loan could be a standard remortgage or a ‘self-build’ mortgage. Lenders have a range of criteria for home improvement remortgage so you should seek advice from an experienced mortgage broker.
Help is at hand
At Aspire Financial Services we have a wealth of experience working with clients, builders and architects helping to fund this type of project. Our access to the whole of the market means that, depending on your property value and the cost and ambition of the project we can advise on the most appropriate way to fund the work.
If you are considering developing your property and are wondering how to fund the work, Aspire Financial Services can help. Get in touch for independent advice on what is possible with the most suitable product for your circumstances
Book a free 30-minute consultation with us today.