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

Releasing equity from a fully paid property to buy another one

elcamino70 · 2015-06-29 23:16:34

Hi all , I was wondering if anyone can help me with this . I have a city centre property worth 150000 which has no mortgage on it . Is it possible to release 50000 to put towards another home I wish to buy . Thanks in advance

Options

30-06-2015 12:16am

#1

elcamino70

Registered Users Posts: 4 ✭

Join Date: June 2014

Posts: 2

Hi all ,
I was wondering if anyone can help me with this . I have a city centre property worth 150000 which has no mortgage on it .
Is it possible to release 50000 to put towards another home I wish to buy .
Thanks in advance

0

Comments

Options
#2 30-06-2015 5:40am
jimmii

Registered Users Posts: 14,810 ✭✭✭✭

Join Date: May 2007

Posts: 14604

Just apply for a 50k mortgage on it.

0