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Old 23rd Sep 2009, 16:45
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CaptainDan
 
Join Date: Dec 2007
Location: Leeds
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Pilot training loans secured over a property

Hi All,

I'm looking for some advice regarding the securing of a loan on my mum and dads house. I know many of you will think its madness in the current economic climate, but what would be the situation if my parents wanted to move house during the term of the loan?

Would they be able to do so, and what would be the procedure with regards to securing the loan on the new property or paying it off?

Cheers

CaptainDan
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