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Mortgage Or Loan?

cjohnson355
Posts: 61 Forumite

We're looking to sell our property and the plan is to downsize and have no mortgage. We will be around 30/40K short for the property we want to buy. So my question is, do we apply for a mortgage or a loan? My hubby will be retiring but I plan to carry on working for at least another 5/10 years.
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