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Mortgage Question

BamesJond · 2021-01-10 17:16:23

Hi all, My parents currently live in the family home. Thoughts are at the moment for me to move into the family home and renovate while a smaller house is built on the land for my parents to downsize. I'm curious as to the possibility of my mortgage being able to fund the build for the parents as well as the renovations.…

10-01-2021 6:16pm

#1

BamesJond

Registered Users Posts: 86 ✭✭

Join Date: November 2016

Posts: 73

Hi all,

My parents currently live in the family home. Thoughts are at the moment for me to move into the family home and renovate while a smaller house is built on the land for my parents to downsize.

I'm curious as to the possibility of my mortgage being able to fund the build for the parents as well as the renovations. I'm assuming this makes getting a mortgage more difficult but haven't a clue where to start with all this.
Just looking to get any feedback possible on this from people who may have been in a similar situation.

No idea where to start, would banks have issue with me getting a mortgage to cover renovations and a separate small dwelling?
Best to talk to a broker or someone else for advice on this?

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