Using equity that you have built up is a great way to finance those renovations, extensions or even a pool to help turn your home into that dream home.
Most lenders will let you access your equity as cash to carry out non structural changes to your home. This includes:
Where you intend to make structural changes lenders will fund this as a construction loan. You will have to provide the lender with quotes and building contract for the works to be carried out. Lenders will require these to be done by registered builders. Strucural changes include:
adding a second floor
adding a room
adding a granny flat, etc
Give us a call today to discuss accessing your equity!