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.
Loan Options, the best one?
Dear all
I really need help on what would be the best option for us if we want to borrow £50K, with a personal secured loan from my mortgage company I'm told this can then be added to our mortgage when we remortgage in a year, is this a better option than a loan from another company that has a lower APR? I've read and reread Martin's tips and done my research but it's a matter of £20 extra a month, if I go with our mortgage company and I know that sounds a lot at the moment but how does it all work, are we better in getting a loan that tracks our mortgage or with another company?
Any quidance or tips would be greatly appreciated, if you know a good repetail company that has low APR?
B;0
I really need help on what would be the best option for us if we want to borrow £50K, with a personal secured loan from my mortgage company I'm told this can then be added to our mortgage when we remortgage in a year, is this a better option than a loan from another company that has a lower APR? I've read and reread Martin's tips and done my research but it's a matter of £20 extra a month, if I go with our mortgage company and I know that sounds a lot at the moment but how does it all work, are we better in getting a loan that tracks our mortgage or with another company?
Any quidance or tips would be greatly appreciated, if you know a good repetail company that has low APR?
B;0
0
This discussion has been closed.
Categories
- All Categories
- 347.2K Banking & Borrowing
- 251.6K Reduce Debt & Boost Income
- 451.8K Spending & Discounts
- 239.5K Work, Benefits & Business
- 615.4K Mortgages, Homes & Bills
- 175.1K Life & Family
- 252.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards