If you have the capital in your house, you can borrow the money for whatever you want. When I phoned Alliance and Leicester, within 10 minutes they had agreed to £30,000, and to switch my mortgage to a "7% cash back" one raising another £7000
Within 2 days, there was a nice deposit to my current account.....They really didn't care what the money was for (even though it was spent on home improvements
)...
EA