📨 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!

short term loan

Options
Looking to be pointed in the right direction by someone . . . . our house is currently on market for sale with a couple of noted interests but we`re looking to buy a plot of ground within next few days . i.e. before sale of house is complete .
Whats the best way forward ? I reckon we`ll achieve approx £40k equity but site we want is £50K . As plots are VERY scare up here our hands are tied and we can`t simply wait until house is sold then go looikng for a plot so I was considering a personal loan for £50k as long as I could pay it off in full within next few months with no penalty - once house is sold and mortgage is sorted again .
What do you think giys ? Is this best way ? If so then can anyone recommend any lenders with low rates and no penalties ?
Cheers
Hairy
I`m now officially too old to die young
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.