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Loans with twenty-four month holiday

Are there any other loans available with twenty-four month holiday for pilot training other than bbva

Comments

  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    Are there any other loans available with twenty-four month holiday for pilot training other than bbva

    With T's and C's like that and a rate like that I very much doubt it.

    https://www.bbvauk.com/personal-banking/mortgages-and-loans/loans/pilot-training-mortgages/

    You could take out a mortgage with any company and borrow and extra 48 months of mortgage payments and living expenses which you can use to make the first 48 months of mortgage payments.

    It's actually 24 months at no payments and 24 months at a 25% discount before you're required to make full payments.

    You can and probably really should ask a mortgage broker.

    You could also just take out a personal loan.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • DCFC79
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Are you prepared for the fact it could cost way more than you envisage ?
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Wow interest will accrue for month after month - the total repayment would be huge.
  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    OP they are available from the bank of mum and dad only.
  • ReadingTim
    ReadingTim Posts: 4,087 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Try the wannabes forums on pprune, to the extent you haven't already - they're probably better placed to advise than here.
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