S
sarachbell
Guest
Sale agreed today.........! YIKES
I am not actually sleeping at night
Approved with EBS and First Active. Refused by Bank of Ireland and didn't go elsewhere. Erratic income so want option of repaying lump sums as available. Also am drawing down 92% of purchase price i.e. 410 k on completion and then need 100 k for works. Both are agreeing to 100k for works upon satisfaction as to value.
I am truly at sea in relation to APRs etc. I have simply been looking at interest rates as presented simpliciter.
I have been advised by colleague that interest only repayment is best suited in terms of ease of repayment at initial stage and facility to deposit lump sums. EBS have refused interest only and First Active are offering it.
Forgive the lack of detail but seems EBS are offering tracker whereas First Active are saying I wouldn't be eligible for tracker (?)
Which do I go with? Interest only option is very attractive....
Any help at all would be most appreciated.
p.s. any thoughts on that whole insurance lark? Self employed so out of work means no dough.....:eek
title edited by ajapale to reflect questions
I am not actually sleeping at night
Approved with EBS and First Active. Refused by Bank of Ireland and didn't go elsewhere. Erratic income so want option of repaying lump sums as available. Also am drawing down 92% of purchase price i.e. 410 k on completion and then need 100 k for works. Both are agreeing to 100k for works upon satisfaction as to value.
I am truly at sea in relation to APRs etc. I have simply been looking at interest rates as presented simpliciter.
I have been advised by colleague that interest only repayment is best suited in terms of ease of repayment at initial stage and facility to deposit lump sums. EBS have refused interest only and First Active are offering it.
Forgive the lack of detail but seems EBS are offering tracker whereas First Active are saying I wouldn't be eligible for tracker (?)
Which do I go with? Interest only option is very attractive....
Any help at all would be most appreciated.
p.s. any thoughts on that whole insurance lark? Self employed so out of work means no dough.....:eek
title edited by ajapale to reflect questions