Grumpy David wrote:Doesn't sound too likely at least for UK mortgages unless you lie to the lender on the purpose of raising capital (commit mortgage fraud).
Residential mortgages are regulated and raising capital for "speculative investments" isn't something lenders typically allow, geared investing like that isn't likely to be considered responsible lending even if it's technically affordable.
Quite normal to pay off credit card debt when remortgaging, placing it on the lower rate mortgage. For people who have decent equity in their home, I imagine it's quite easy to do.
Dumb, but easy.