can equity release be obtained using a private dwelling for business as well as residential purposes
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graham1
1 year ago
Expert Financial Adviser Answer
David Wright
answered 1 year ago
Graham,
There's not enough information to give a definitive answer but.....
If it's a standard residential property but someone works from home, e.g. as an office, I think it should be ok.
If it's a semi-commercial property, such a shop with a flat over, the standard equity release providers will not accept - however, there is one provider who specialise in non-standard properties.
Feel free to get in touch with more information and I will be happy to help.
Regards,
David
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There's not enough information to give a definitive answer but.....
If it's a standard residential property but someone works from home, e.g. as an office, I think it should be ok.
If it's a semi-commercial property, such a shop with a flat over, the standard equity release providers will not accept - however, there is one provider who specialise in non-standard properties.
Feel free to get in touch with more information and I will be happy to help.
Regards,
David