I have a £54,000 mortgage on my property which was valued at £175,000 last year. I want to release £76,000(to buy another property) from the equity in the property, leaving me with a mortgage of £130,000. It seems straightforward enough to me, for a lender to give me the money, but where do i start, who should i goto? the bank or building society or financial advisor or Internet etc... How do i know i am getting the best deal without trooping round all the previously mentioned businesses. I only have four weeks to complete the sale.
Thanks