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…
Continue Reading →What Do Mortgage Lenders Mean By Interest Only?
December 20, 2013
Capital and Repayment Mortgage, Capital Loan, Conventional Loans, Drawdown, Endowment Policies, Enhanced, FCA, Home Reversion, Home Reversion Products, Interest Only, Interest Only Loans, Interest Only Mortgage, Interest Only Mortgage Calculations, Interest Only Mortgage Deals, Interest Only Mortgage Holders, Life Assurance Policies, Lifetime Mortgages, Low Cost Endowment Policies, Lump Sum, Mortgage Lenders, Repayment Mortgage, Repayment Options, Repayment Vehicle, Retirement Options, Rollup Lifetime Mortgage, SHIP, SHIP Code of Conduct
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…
Continue Reading →How Does SHIP (Safe Home Income Plans) Provide Protection to Equity Release Customers?
December 20, 2013
Equity Products, Equity Provider, Equity Release Council, Equity Release Customers, Equity Release Schemes, Financial Product, FSA Regulations, Home Care Facility, Home Reversion, Lifetime Mortgages, Lifetime Residence Guarantee, London, No Negative Equity, No Negative Equity Clause, Protection to Equity Release, Repayment Options, Retirement Equity Company, Safe Home Income Plans, Scheme Providers, SHIP, SHIP Code of Conduct, SHIP Rules
Safe Home Income Plans (SHIP) are one way of protecting equity release customers. The SHIP code of conduct means that any organisation working with SHIP…
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