Capital Raising

A capital raising mortgage may be required for a number of reasons depending on your circumstances, and we have the solutions to help.

Is a capital raising mortgage right for you?

A capital raising mortgage can be a very useful short-term solution to financial problems, whatever you need the money for. The lower interest rates mean that by increasing your mortgage, you will likely pay less than getting an unsecured loan. However, you should consider the fact that it will mean larger mortgage repayments and a longer repayment term. There may also be early repayment charges on your current mortgage.

What is a Capital Raising Mortgage?

Raising capital against your property usually involves remortgaging, you can change your mortgage product to benefit from lower interest rates or to increase borrowing for a lump sum. You can use this cash equity on home improvements or to consolidate your debts. 

Would i be eligible for a Capital Raising Mortgage?

Lenders will have different criteria for authorising such a loan, and it is usually based on the purpose for raising the capital.

New purchases
The funds raised could be used to buy a new car, pay for a family event such as a wedding or funeral or to put a deposit on another property.

Financial help for a family member
The funds raised could be used to fund certain gifts or provide financial support  such as enabling a family member to get on the property ladder.

Debt consolidation
The funds raised could be used for paying off other debts such as personal loans or credit cards, streamlining payments and saving on interest.

Investments
The funds raised could be used to fund investments like an expansion to your business or towards the purchase of a buy to let property.

Home Improvements
The funds raised could be used for much needed home improvements and maintenance including property extensions.

It is also important to note that many lenders may not offer capital raising mortgages for high risk investments such as the purchase of stocks and shares, for funding a start-up business, the repayments of debts accumulated or escalated from gambling or for tax repayments.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Some Buy to Let mortgages are not regulated by the Financial Conduct Authority

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