Unable to repay your interest only mortgage?

The Financial Conduct Authority (FCA) recently estimated that there are around 2.6 million people with interest-only mortgages in the UK. These figures excluded buy-to-let mortgages. A lifetime mortgage may be the answer for some? To help with this mortgage companies are coming up with some creative solutions. For many, equity release is still the best and [...]

2020-06-09T12:04:52+01:00May 18th, 2020|Latest news|

Lifetime Mortgages. Are they the last resort?

Some will have look at equity release in the early days when the industry was not strictly regulated and policed.  They may have looked at it when interest rates were at a very high level. Some feel that equity release sometimes referred to as Lifetime Mortgages are inflexible, costly and takes advantage of people when they [...]

2020-02-10T11:21:50+00:00February 16th, 2020|Latest news|
Go to Top