Browsing: FCA

What are the Next Steps Following Receipt of your Equity Release Calculator Results?

Once armed with an estimate of maximum equity release amount for your tax free cash sum, you are ready to move onto the next steps….

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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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The Financial Conduct Authority’s (FCA) Mortgage Crackdown On Interest Only

Interest only mortgages have been in the spotlight with the UK property market for quite some time. This escalation in best interest only mortgages is…

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What Do Mortgage Lenders Mean By Interest Only?

Taking an interest only mortgage out may offer a cheaper way to purchase a property or even a remortgage of your current abode than with…

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How Does The Halifax Retirement Home Plan Mortgage Work In Practice?

In essence, the Halifax Retirement Home Plan is a conventional mortgage but with a twist. Whereas, traditional mortgages finish once normal retirement age commences, the…

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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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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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What Are The Typical Costs to Set Up an Equity Release Mortgage?

For many people, an equity release mortgage is a good solution to cash flow issues later in life. This kind of financial scheme allows you…

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