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Personal loans

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Comments

  • DCFC79
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Joy123 wrote: »
    Thank you. We are "of a certain age" where a mortgage is not possible unfortunately. We shall go down the bridging loan route.
    Thanks again for the advice.


    Have you enquired about it though ?


    Spoken to a broker ?
  • A Bridging loan??
    Who on the high street does them anymore? (answer nobody)
    You will need to contact a specialist lender - how will you repay? Are you intending to sell one property to buy another?
  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Nothing like being spoon feed information......good lucks
  • D_M_E
    D_M_E Posts: 3,008 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Try Nationwide or visit a mortgage broker - likely to be a lot cheaper than bridging finance or personal loans.
  • ReadingTim
    ReadingTim Posts: 4,087 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    In theory, no

    In practise, well, it rather assumes you'd both be accepted, and both allowed to borrow the full amount, at a rate of interest you both could each individually afford to repay.

    So, as a starter for 10 I assume you're both in full time employment and with little other borrowing...?
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