-
-
-
-
-
-
-
-
-
-
-
Threadless, both are. Certainly will sell them both, when I can source a pair with the correct steerer length. @hugo7
-
-
-
-
-
-
-
-
Ordinarily a guarantor is there to carry the can if you default on the loan, as such is a considered undertaking. I am not sure it is used quite as much now, seeing as affordability criteria is generally applied and lenders are more responsible post 2008. It is usually sought by providers who offer it where the loanee is close to the affordability criteria, or subject to prior defaults. It is unlikely to increase your multiples in anyway, as by virtue of having a guarantor they require reassurance that the loan can be repaid. Although obviously different lenders will have slightly different attitudes to risk and price this accordingly. Also they will seek reassurance/check that the guarantor can repay in the event of a default.
With regards to additional borrowing on the property, a lot will depend on the mortgage provider, the LTV and if you have required a guarantor for the mortgage. Nationwide gave me a ‘further advance’ when I moved as they would not consolidate my borrowing, although they applied the affordability criteria to both loans.
Obviously a secured loan is different, expensive and probably best avoided, as with anything best to get professional advice and not that of a drunk!
~ Si
-
-
'96 where does the time go!