Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Loan for house extention

Options
  • 03-07-2014 10:18am
    #1
    cam1452
    Registered Users Posts: 70 ✭✭


    I'm building onto my grandparents house. 1300 square feet basically two houses joined together. Have it sealed at the minute roof on windows in plastered etc. now i need another 50000 to finsh it. Will I be able to burrow money when it's all in the grandparents name


Comments

  • Options
    #2
    Doodah7
    Registered Users Posts: 3,753 ✭✭✭Doodah7


    I don't know the answer but surely this is something that you should have clarified before starting on the building project??

    You need to go ask your financial institution...


  • Options
    #3
    phormium
    Registered Users Posts: 3,340 ✭✭✭phormium


    Highly unlikely unless you have other security to offer. Bank can't take your grandparent's house as security for your loan and that is too high an amount to get as an unsecured loan.

    Can the property be split legally?


Advertisement