New Posts For Thread: home reversion / lifetime mortgage help.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23726150/home-reversion-lifetime-mortgage-helpevening gents.trying to help out my mum /dad...they own their house ( 320k ) but have a very short leasehold left currently about 17yrs. we have been told the freehold will cost about 80k. they dont have the funds to pay all of this...and need aproby the way they dont actually own the house....yet.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23726150/home-reversion-lifetime-mortgage-help?post_id=425966242#425966242by the way they dont actually own the house....yet.Fri, 19 Feb 2010 14:10:13 -0600does say house above....think you need to get the offer from them in writing......in case its another lease.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23726150/home-reversion-lifetime-mortgage-help?post_id=425966238#425966238does say house above....think you need to get the offer from them in writing......in case its another lease.Fri, 19 Feb 2010 14:09:22 -0600tnx chiselbut its not a flat..its house..mortgage all paid up..houses going for 300-320k in the streetof course its not worth the market value with only 17 yrs left on the lease...thats why we're trying to raise the capital to buy the freehold..the mhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23726150/home-reversion-lifetime-mortgage-help?post_id=425966226#425966226tnx chiselbut its not a flat..its house..mortgage all paid up..houses going for 300-320k in the streetof course its not worth the market value with only 17 yrs left on the lease...thats why we're trying to raise the capital to buy the freehold..the mFri, 19 Feb 2010 10:34:58 -0600TREVDEPENDS on the age of your parents. The older they are the more money they can raise. Do they have pension income?. Are there other properties in the block with the same problem? How many flats in the block?At the moment your parents flat is worthttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23726150/home-reversion-lifetime-mortgage-help?post_id=425966194#425966194TREVDEPENDS on the age of your parents. The older they are the more money they can raise. Do they have pension income?. Are there other properties in the block with the same problem? How many flats in the block?At the moment your parents flat is wortFri, 19 Feb 2010 04:08:20 -0600evening gents.trying to help out my mum /dad...they own their house ( 320k ) but have a very short leasehold left currently about 17yrs. we have been told the freehold will cost about 80k. they dont have the funds to pay all of this...and need aprohttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23726150/home-reversion-lifetime-mortgage-help?post_id=425966190#425966190evening gents.trying to help out my mum /dad...they own their house ( 320k ) but have a very short leasehold left currently about 17yrs. we have been told the freehold will cost about 80k. they dont have the funds to pay all of this...and need aproThu, 18 Feb 2010 12:27:22 -0600