Are you or a family planning an engagement this Valentines Day? Or later this year?
11 February 2024
Organising a wedding is costly so make sure you are prepared!
According to The National Wedding Survey by Hitched.co.uk the average cost of a wedding in the UK was £20,700 in 2023! That’s up 12.5% from 2022!
70% of couples said they received money from family or friends towards the cost of their wedding.
Last year NimbleFins reported that all-in costs for a UK wedding can reach £30,000 when honeymoon planning (and more) is added in.
To add to this Metro.co.uk confirmed last year that the average cost to ATTEND a wedding was almost £1000!
Weddings are EXPENSIVE.
Make sure you plan a budget within your means!
As a member, you could* apply for a loan 5 times your savings balance.
So if you really need to spend around £20K on a family wedding, you would need to have £4,000 saved with us, to borrow your desired amount!
If you do have savings of £20K plus at the Harp and Crown Credit Union, you could borrow against your savings with our Loyal Saver Loan. This is our LOWEST interest rate at 3.9% APR. Your loan and savings would be protected with our FREE LIFE COVER.
Example: £20,000 Loyal Saver Loan with 100% savings locked in – in the event of your death, your loved one (Beneficiary) would receive £5,000 on TOP of your £20,000 savings. This could go a long way to helping your loved one with funeral costs. Your loan would also be written off.
Need a loan more than 5 x your current balance?
Increase your savings balance via lodgement today. Rules apply.
Get in touch!
Email creditunion@harpandcrown.co.uk or phone 028 9068 5198.
“Save regularly and borrow only what you need.”
The Harp and Crown Credit Union provides safe, secure, flexible finances for the wider police family in Northern Ireland.
