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home improvement loan

fire_man · 2017-10-16 09:24:33

Hi .I have an old house I inherited and would like to do it up and extend property in the next couple of years.The house is worth about 80k.My earnings are in the mid 30's.How much could I borrow?I would probably need around 100k .

16-10-2017 10:24am

#1

fire_man

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Hi .I have an old house I inherited and would like to do it up and extend property in the next couple of years.The house is worth about 80k.My earnings are in the mid 30's.How much could I borrow?I would probably need around 100k .

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#2 18-10-2017 3:16am

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Credit Unions will generally do a Home Improvement loan.

My local CU (Drogheda) will want a legal charge placed on the house (in other words, they can take it if you don't pay back, like a mortgage) and they will give up to 90% of the market value of the house as a loan.

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