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£25-30k Loan
Hi, just looking for a little advice please
We have a fixed rate mortgage with Northern Rock which ends next November (2011)
We are looking to move house, we are in a small 2 bed which no longer fits our family, we have seen a 3 bed house we like with huge amounts of ground, the house needs doing up but is liveable so we'd do it as and when we have the spare cash.
If we changed our mortgage now we would have £7500ish in penalties to pay back, northern rock aren't really interested on lending us any more even though my husband is earning a lot more than when we took out the mortgage (£500pm more)
We need an extra £25-£30000 for this house move, would our best option be to get a secured loan? an unsecured loan each?
We would prefer something with mo or little early repayment so when we remortgage we could combine this loan and our current mortgage.
We have no credit cards, no loans and have just finished our last car payment this month. My husband has shares, but they are unaccessable for 3 years (£21k minimum)
We can comfortably afford an extra £400pm maybe more.
Thanks for your help :beer:
We have a fixed rate mortgage with Northern Rock which ends next November (2011)
We are looking to move house, we are in a small 2 bed which no longer fits our family, we have seen a 3 bed house we like with huge amounts of ground, the house needs doing up but is liveable so we'd do it as and when we have the spare cash.
If we changed our mortgage now we would have £7500ish in penalties to pay back, northern rock aren't really interested on lending us any more even though my husband is earning a lot more than when we took out the mortgage (£500pm more)
We need an extra £25-£30000 for this house move, would our best option be to get a secured loan? an unsecured loan each?
We would prefer something with mo or little early repayment so when we remortgage we could combine this loan and our current mortgage.
We have no credit cards, no loans and have just finished our last car payment this month. My husband has shares, but they are unaccessable for 3 years (£21k minimum)
We can comfortably afford an extra £400pm maybe more.
Thanks for your help :beer:
0
Comments
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Need a few questions answered first:
How much is the current mortgage? what is the existing house value and what is the value of the house you are looking to buy?Thinking critically since 1996....0
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