Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Loans for Joint Freeholders
Hello
Does anybody know if it is possible for joint freeholders (x 4) to get loans for essential repairs to the building? any lender I have spoken to says only lend to max of 2? We are 4 flat owners who each own an equal share of the freehold on the entire property.
thank you
Does anybody know if it is possible for joint freeholders (x 4) to get loans for essential repairs to the building? any lender I have spoken to says only lend to max of 2? We are 4 flat owners who each own an equal share of the freehold on the entire property.
thank you
0
Comments
-
Basically a very bad idea.
Why not each person get a loan for 1/4 of the amount needed?
then you will not be jointly liable if someone refuses to pay their share of the repayments
also of course if you have a joint loan with these people then you are financially linked to them and if they have financial difficulties this could trash your credit rating.EU tariff on agricultual product 12.2%
some dairy products 42.1% cloths 11.4%
EU Clinical Trials Directive stops medical advances0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 255K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179.1K Life & Family
- 264K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards