Knock £20, 000 off your mortgage (Peckham Camberwell, Price: £20, 000)
Description
Do you own a large house with a large garden and a Large mortgage? With interest rates rising and property values falling are you worried about paying your mortgage in the future? Your garden may be the answer. If it has access to a road you could sell off a plot at the bottom of your garden as building land for a small residential property. Advantages are obvious you get to stay in your property without remortgaging and could potentially raise a large lump sum to help long term with mortgage payments or reduce your overall debt (depending on the type of mortgage you have Disadvantages are limited to some inconvenience noise during the building of the property but this is short term (a kit house can be erected in only ten weeks Plots need to be at least 12 metres by 6 metres and purchase depends on location access and local planning laws. I am not a company I am a person who can t afford to get onto the property ladder and wonder if this might be the answer.
Announcement ID: #124580
Published on 04-16-2008
Contact
- Type of sale:A la Compra
- Estado:Excellent