About Stockport About Stockport
News, events and general Stockport and beyond chit chat.
FAQ :: Search :: Memberlist :: Usergroups :: Join! (free)
Profile :: Log in to check your private messages :: Log in

Unsecred loan or Mortgage?

Post new topic   Reply to topic    About Stockport Forum Index -> MMORPG's

View previous topic :: View next topic  
Author Message

Joined: 12 Apr 2017
Posts: 25

Add Karma

You have been rated by 0 people
Add Comment
Show Comments

PostPosted: Tue Apr 25, 2017 6:47 am    Post subject: Unsecred loan or Mortgage?  Reply with quote

Need some advice please on a loan we require for a small house extension - require a loan of around 25K.

Am I best getting an unsecured loan our going down the mortgage route? House is worth around 420K and we have no mortgage currently as I was able to pay off when I was made redundant about 3 years ago. Now re-employed and finally salary is at a good level again, but its taken time. No other debts so just the usual utility bills, mobile and food shopping. We are both in our late 40's.

We have savings but not enough to cover this and we like to keep a fund aside. My wife may well change her car next year so we will have finances for that.

Mortgage is more cost effective but are we wise in having a secured loan again? Are there any other options?

please help.


I didn't find the right solution from the internet.


Fintech Video Examples

Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    About Stockport Forum Index -> MMORPG's All times are GMT + 1 Hour
Page 1 of 1

Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum

Card File  Gallery  Forum Archive
smartBlue Style © 2002 Smartor
Powered by phpBB © 2001, 2002 phpBB Group
Create your own free forum | Buy a domain to use with your forum