Wedding Loans Part One

Weddings and Loans do not usually go together. More traditionally we are told that love and marriage go together like a horse and carriage. However being able to afford that horse and carriage (and dress, and flowers, and hair do, and meal, and…) is becoming a lot more difficult for today’s young couples.

It is no longer a sensible attitude to expect the bride’s father to pay for the wedding, with the bills racking up to £20,000 in some elaborate scenarios, so it is becoming increasingly common for the couple to split the payments or even pay for everything themselves. Parents already have a lot to save for and often have to choose where their hard earned cash goes, be it a first car, university, helping their offspring into their first home or, indeed, marriage. Rather depressingly the latter is often the most expensive.

With all of the celebrity weddings that are continually raising the bar on how to really have that fabulous once in a lifetime celebration, the choice, and the price, of all of the options you have at your doorstep is on the rise due to the acceptance of this flamboyance. From anything such as butterflies and doves being used as confetti to personalised ice sculptures as centrepieces, the lengths that are available for couples to go to it is actually quite difficult to keep a clear head and keep it modest.

It has been reported by the loans lenders that a staggering 70% of young couples are now taking on the wedding payments completely on their own, and with the average wedding coming to an un- modest £12,000 many couples are having to seek help from business lenders rather than their parents.

Thankfully there have been a recent tailoring of both secured and unsecured loans that have been specifically designed for couples needing some help when it comes to getting their hands on that dream white wedding.

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Loans and weddings do not usually go together but if you look into your options carefully they can. Many lenders offer both secured loans and unsecured loans as options for wedding finance. Most will go in excess of £20,000!

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