We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Loan strategy
Comments
-
You are gambling with money that isn't yours.
It's a recipe for disaster. Anything offering 5-7% these days is going to be dodgy."There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock0 -
So what is your question? You seem hell bent on doing it, and say that you can afford it so why not just do it?0
-
When applying for the loan, what did you say the money was for?"No likey no need to hit thanks button!":pHowever its always nice to be thanked if you feel mine and other people's posts here offer great advice:D So hit the button if you likey:rotfl:0
-
My question is what are the consequences? For example if I want to remortgage and my LTV is 50-70% (as I don't know what would happen to house prices in the event of brexit), would an affordable loan impact on my chances of getting the best mortgage rates? Are there any other consequences I haven't considered?0
-
I think this thread has answered my initial query, so thanks for the responses.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards