Can I release equity from a property with shared ownership?
Answered on 1 August 2019 by Nick Morrey
I own 25% valued at approx £50000 is it possible to get equity release on this?
Unfortunately you need to have 100% ownership before any lender will consider you or your property for an equity release mortgage even if it is shared ownership. However, if you need to borrow money for home improvements it might be possible to arrange a residential mortgage.
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