We can't raise a mortgage against our £1.25m home for our holiday let barn

We need £50,000 for a second bathroom but mention ‘holiday let’ and lenders just shy away

Q My wife and I jointly own a listed manor house with a number of outbuildings including a converted barn which is used as a holiday let. We own the house and all outbuildings plus about 10 acres of land.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Guardian /  🏆 84. in UK

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fraudsters exploiting Covid-19 fears have scammed £1.6mFraudsters%20exploiting%20Covid-19%20fears%20have%20scammed%20%A31.6m%20%7C%20Coronavirus%20outbreak%20%7C%20The%20Guardian
Read more »

Fraudsters exploiting Covid-19 fears have scammed £1.6mFraudsters%20exploiting%20Covid-19%20fears%20have%20scammed%20%A31.6m%20%7C%20Coronavirus%20outbreak%20%7C%20The%20Guardian
Read more »

An island retreat by Kokosalaki Architecture interprets Cretan vernacular designThis ‘simple, distinguished and very proud’ house in the Cretan mountains is a Greek holiday home rooted in its context and designed by the Athens based architecture studio of Natalia Kokosa...
Read more »

Coronavirus: Police warn Scottish medical chief Catherine Calderwood after holiday home visitsBREAKING: Scottish medical chief Catherine Calderwood has apologised for going against her own social distancing advice during the coronavirus pandemic. She said: 'What I did was wrong. I'm very sorry. It will not happen again.' More on this story:
Read more »

Holidays: How to explore wonders of the world from home with these seven virtual toursCORONAVIRUS has ruined any chances of holidays in the near future which makes for a very bleak prospect indeed. Fortunately, thanks to the power of the internet you can still travel, albeit virtually, to experience the thrills of top holiday destinations. Here are seven virtual travel tours to take of the wonders of the world.
Read more »

Are mortgage payment holidays really a good idea? | Patrick CollinsonMost banks will offer a break during the coronavirus crisis, but it doesn’t suit everyone
Read more »