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Old 14th Jan 2020, 20:17
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thelowflyer
 
Join Date: Nov 2019
Location: UK
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Question Funding Options with Payment Break?

Hi all,

I'm currently trying to secure funding for an integrated course and despite my best efforts I am struggling to find anything that can offer a payment break during the training period. I spoke to Optimum Credit who offer pilot training assistance, however they only provide second charge mortgages - nothing for properties that are owned outright. I've spoken to various other lenders too with no luck on the payment break side of things.

I know this question has been asked many times in the past but given that the offerings are always changing, does anyone know of any current lender that can offer something that might be of use, even it is not a full repayment break for 18-24 months, but at the very least a reduced rate during the period that I am undertaking training, to reduce the cost of repayments by my parents during this time?

Thanks in advance!
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