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which type of loan?

sidas · 2012-05-24 01:35:25

hello, I hope this is the right place to post (apologies if not). I'm recently divorced and my ex and I agreed on him keeping the house that is now mortgage free. He paid me a sum of money upfront and we agreed that he would pay me a further £30,000 when he retired in 3 yrs time. Unfortunately the judge refused to sign the…

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sidas Posts: 5 Forumite

24 May 2012 at 9:20PM

yes i think that is what he would like to do. Pay as little as possible until his pension & endowment payout and then just pay it off in one go. I'm a little concerned that he will just go into his bank and let them pursuade him to have one of their loans when there is something better suited to him out there.

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which type of loan?

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