So, the big day is happening! Congratulations!
Whether it is you or your child getting married, the desire to deliver a magical and memorable day is often conflicted with increasing costs.
At trufe. we find that big expenditure can bring into focus existing debt alongside solutions to achieve the required borrowing for a life moment. This can be spread over a longer timeline than an unsecured loan.
According to bridebook.co.uk the average wedding costs £24,039 in London and just under £18K nationally. With a joint house purchase often the next step or a family, it is a financial pressure point in many peoples lives.
Our team of financial experts can provide valuable assistance and undertake a full review of your financial situation, future plans and solutions which may help you achieve your personal goals without spending beyond your means.
Following the purchase of a home, a Wedding may be one of your biggest expenditures. If you are paying for your Children's weddings they can often occur in quick succession, so being aware of the costs and when things need to be paid is important.
If you are paying for yourself or someone else, it is important that you plan and budget for each element ahead of the big day. Having a clear agreed expectation of what everything should cost can help ensure you don't go beyond what you can afford or loan amount.
A homeowner loan is secured against the equity in your property and is usually most suited for loans over £15K. If you are unable to repay the loan, then your home may be at risk.
Whilst taking out a loan for a celebration is appealing, there are many considerations that you need to take into be aware of. We will outline all the details of any agreement and highlight what you can expect to pay.
Whilst the team at trufe. can help guide you through the secured loan process, it is important that the excitement of the big day doesn't cloud your judgement.
Speak to your partner and discuss your budget, future plans and the impact any loan will have on your monthly spending money. Being upfront about your financial situations at the very beginning may avoid bigger worries in the future.
