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Financing

‎20-05-2023 02:08 PM
Oliver698
Level 1
‎20-05-2023 02:08 PM

Financing

Hi,

 

I have been very lucky to have been given a small property that is currently uninhabitable! It needs everything done from electrical supply/metering and sewerage to complete build, new roof etc. It is literally an empty shell of a building, single story around 40ft long and 15-20ft wide. I estimate the costs from now to having a fully operational, liveable property will be around £60k - £80k. Does anyone know the easiest and most cost effective way of raising finance for this? Would it be best as a Limited company, or the property owned by an individual? 

TIA

 

Ollie

‎20-05-2023 02:08 PM
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1 Reply 1
‎20-05-2023 02:15 PM
Mike-And-Jane0
Level 10
England, United Kingdom
‎20-05-2023 02:15 PM

@Oliver698 you would be best going to a specialist self-build mortgage broker who will answer your question. 

‎20-05-2023 02:15 PM
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