Browsing: Interest Only Mortgage

What Is An Interest Only Mortgage?

With the recent furore from the FCA (Financial Conduct Authority) regarding the sale and uptake of interest only mortgages, we take a look at how…

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What Are The Benefits Of Taking Out Life Cover On An Interest Only Lifetime Mortgage?

Mainly it would provide peace of mind, knowing that should the worst happen the mortgage can be repaid in full and thereafter NO monthly mortgage…

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Why Do I Have To Pay Off My Interest Only Mortgage By Age 75?

From the heady mortgage years of the 1990’s & 2000’s many retired people are now finding themselves in a quandary…’how do I repay my interest…

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Interest Only Mortgages Basics

The working of a traditional mortgage involved a borrower paying fully amortised monthly payments to the mortgage lender. This means that a borrower pays an…

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All You Need To Know About Interest Only Mortgage Deals

Owning a home is a dream come true; paying a capital and repayment mortgage in retirement however can be a nightmare for most pensioners. Certain…

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What Are My Interest Only Mortgage Options At Retirement?

Well if one wishes to retain their home, an urgent review of their interest only mortgage would be the key. Interest only mortgage customers have…

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