Home improvement are the following most typical use which have 18% making use of their loan because of it inside 2013
Offering your house and you will downsizing. If you buy property that’s less expensive than your existing house, might discharge a number of the collateral out of your home
If you have extra space on your property, you might subdivide or cross-book your section
If you do not need certainly to promote your house, you may also thought leasing it out and you will moving someplace reduced
For those who have a lot more place in the house, you could potentially rent the area and take inside the a beneficial boarder
You could pose a question to your council regarding prices save and you will rebates
Consider attempting to sell your residence or element of it so you can family unit members, otherwise arrange financing with your family making use of the house since the security.