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Best way to borrow £27k for only 5 weeks
moneybunny123
Posts: 538 Forumite
I may post this in a few forums, as I'm not really sure where and how to go about this....
I am paying off the developer who owns a 25% share in my house. The settlement is £27k and they want this on or before end of June.
I'm in the process of selling another property, and completion is due to take place on 1st August, when I will have enough funds released to pay this £27k off. BUT....if the developers wont wait until then (I'm still waiting to see if they will) what is the best (and obviously cheapest) way of borrowing £27k for just five weeks? Obviously I don't want to incur early repayment charges, hence why I'm not remortgaging.
Thanks in advance.
I am paying off the developer who owns a 25% share in my house. The settlement is £27k and they want this on or before end of June.
I'm in the process of selling another property, and completion is due to take place on 1st August, when I will have enough funds released to pay this £27k off. BUT....if the developers wont wait until then (I'm still waiting to see if they will) what is the best (and obviously cheapest) way of borrowing £27k for just five weeks? Obviously I don't want to incur early repayment charges, hence why I'm not remortgaging.
Thanks in advance.
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