There are loans available in the market that saves you from this dilemma. Well, people resort to finance just because they think they are free to use them any way they want. Any restricted use of loan is going to dissuade the borrowers.
In the UK financial market, lenders give you money on competitive interest rates only with the restriction that you should use it for a legally correct purpose. Once you are sanctioned a loan, it is your discretion how you want to use it. These types of loans are all purpose loans and are usually known as personal loans. Almost all the banks, building societies and financial institutions across the UK provide these loans to the needy customers. You may have any residential status - homeowner or non-homeowner. These loans are available at competitive rates though the loan amount is not that high - mostly upto 25,000 pounds only. Very few lenders make distinction between a homeowner and a non-homeowner when these types of loans are concerned because no security is required here and there is no point in treating the two categories on different footing.
As you know that every successful loan application culminates in a loan agreement. This agreement mentions all the terms and conditions on which a lender has agreed to finance the loan to the borrower. The agreement contains a clause that the borrower has accepted all those conditions. So, you cannot afterwards turn away from your obligations and responsibilities. It is always better to choose the best personal loans after doing a lot of research. To achieve this end, you can always contact more than two lenders and check what they have in store for you.
All purpose loans are preferred by people over other types of loans because they feel free to use them according to their situation. To compare loans, you can explore the comparative data available on several price comparison websites. Millions of people are using these websites to make well-informed and smart decisions.