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Putting second charge on my own property ?

Max_1066 · 2010-11-17 12:36:32

I would be grateful for any advice regarding the following:- My brother very kindly loaned me a total of £20k so I could complete a one-off IVA earlier this year. I have a property which I rent out and estimate the equity is approx £40k. The agreement with my brother is that the loan is secured against the equity in the…

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UnderPressure Posts: 3,204 Forumite

19 November 2010 at 8:58AM

I would just like to add a pat on the back for you for being so responsible and taking into account none of un truly know what the future holds, I think your attitude is excellent and I am sure on the quiet your brother will really appreciate it as well

Best of luck to you

"You can measure a man's character by the choices he makes under pressure"

Sir Winston Churchill

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Putting second charge on my own property ?

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