oldfossil

Many thanks for taking the trouble to email, however, unfortunately my income is not sufficient to take out an actual loan. Therefore a reverse mortgage would have been ideal as there are no repayments until the term has ended. thanks again for your kind comments Peter

Thanks Celine for taking the trouble to respond to my email. A loan is not poss. because of my age and income.  Can you enlighten me concerning an equity release please? Kind regards Peter

I have lived here in the South of France for 12 years and have finally been able to purchase a villa mortgage free. Good news you might think, however this property needs renovating to appreciate it's obvious potential and having spent all my money buying it I cannot afford to do it up. Can anybody suggest a way forward bearing in mind that I only have a small pension that I live on therefore not sufficient for a bank loan.  I have heard mention of 'reverse mortgages' and this seems an ideal solution but I cannot get anymore information on them. Credit Foncier do something similar but as I am only 62 do not qualify. Anyone out there with any ideas?