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Mortgage Dilema?
holly876dog
Posts: 46 Forumite
My relations are moving house and need around 10K, they currently don't have a mortgage. I presume they won't get a mortgage for this small amount? What are the options open to them? Has anyone else been in this situation? I suggested perhaps looking into a loan.
Many Thanks.
xx
Many Thanks.
xx
Be not so busy making a living that you forget to make a life......
0
Comments
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they could get a mortgage but a personal loan will probably be just as cheap by the time they pay valuation fees etc.I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it.This signature is here as I follow MSE's Mortgage Adviser code of conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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Post office loan.
Low rate and you can overpay and clear at anytime with no fees!
Just an idea/my opinion.
Saying that, someone we know came into money, but advised to take mortgage for say 20k to get a credit rating/history.0
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