If you have a good credit history then 15-20k is certainly achievable.
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“ Unsecured loans are normally limited to 50% of income - so I take it you're on at least Â£80,000? <a href="/showthread.php?s=3036385c25683f06b8cb9955b5233a43&p=69036911#post69036911" rel="nofollow" title="View original post">Originally posted</a> by WellKnownSid ” Not sure where y...
- Forum: Borrowing and Debt Management
- Topic: Long term unsecured loan to buy residential park home? Tara100
- Replies: 19
- Views: 146
- Thu Feb 02, 2017 9:07 pm
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Intrest on personally loaned money would not qualify for tax relief. The money would have to be used to buy shares or lend money to a company which you have shares in. There are other rules (Check HMRC site) but loaning money to a relative isn't one of them.