Dear MSE, We are about to apply for a 10 year finance loan with Black Horse for a Park Home valued at Â£186K with a Â£50k deposit. We are above the 25% deposit requirement, how do BH calculate affordability on the remaining Â£136K? Do they divide the loan amount plus 7.9% interest over the 10 years,...
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Black Horse finance provide unsecured loans for park homes over 10 years up to 4 x gross income minus current debts @ Apr 7.9% with min 25% deposit required subject to status.<img src="http://static.moneysavingexpert.com/images/forum_smilies/sport-smiley-001.gif" border="0" alt="" title="Jumping wit...
- Forum: Borrowing and Debt Management
- Topic: Long term unsecured loan to buy residential park home? Tara100
- Replies: 19
- Views: 149
- Sat Feb 04, 2017 9:01 pm
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