{"id":48812,"date":"2014-01-22T14:00:00","date_gmt":"2014-01-22T07:00:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-can-i-raise-money-from-a-property-i-own-outright\/"},"modified":"2017-03-20T12:09:38","modified_gmt":"2017-03-20T05:09:38","slug":"how-can-i-raise-money-from-a-property-i-own-outright","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-can-i-raise-money-from-a-property-i-own-outright\/","title":{"rendered":"How can I raise money from a property I own outright?"},"content":{"rendered":"


\nI would like to raise \u00a350,000 to be repaid on my death, but don’t want to sell my home to a companyQ I have turned 60 and own a property outright, which is worth approximately \u00a3350,000. I am self-employed but only earn about \u00a310,000 a year. I have few savings but no debts.I would like to raise about \u00a350,000 of capital, possibly by remortgaging, to be repaid on my death. I do not want to sell the property to a company which then provides a fixed amount and owns the house on my demise. I have no close family, but I would like to leave some money to friends, relatives and charity. Could you advise me on the options? MW Continue reading…
\n
\nSource : theguardian.com
\nRead more…How can I raise money from a property I own outright?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I would like to raise \u00a350,000 to be repaid on my death, but don’t want...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-48812","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-cHi","jetpack-related-posts":[{"id":138781,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-we-sell-inherited-house-and-staircase-our-shared-ownership-flat-to-100\/","url_meta":{"origin":48812,"position":0},"title":"Should we sell inherited house and staircase our shared-ownership flat to 100%?","date":"August 14, 2023","format":false,"excerpt":"\r Half the profit in former family home, now rented out, would raise enough to buy our home outright but not leave much of a nest eggQ My mother recently died, leaving my sister and me 50% shares in the former family home. 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