Quote Originally Posted by Deeranged View Post
I'll ask a question now.

Islay, have you ever taken out a secured loan loan or remortgaged a property in order to finance an improvement to that property thereby increasing the intrinsic value of that property?

I've no idea if that's the reason this loan has been taken out, and I still believe the 'new stadium' is a pipe dream, but it wouldn't be particularly unusual for this to happen would it?
I increased my mortgage which was a repayment mortgage to add an extension to our house.