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Tag: Interestonly

Mortgage UK: What is a mortgage? Repayment and interest-only mortgages explained

Posted: June 8, 2019 at 10:22 am   /   Business

MORTGAGES are something which many people may look to get during their lifetime. There are different options when getting a mortgage. What’s the difference between a repayment mortgage and an interest-only mortgage? Daily Express :: Finance Feed

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Mortgage time bomb? Interest-only borrowers with NO plans to repay debts

Posted: July 24, 2017 at 10:23 pm   /   Business

ALMOST two million home owners are on interest-only mortgages and failing to make any repayments on the underlying debt, amid fears of a ticking time bomb that could end in disaster. Daily Express :: Finance Feed

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Interest-only time bomb is ticking: Defuse mortgage worries with an equity release plan

Posted: March 20, 2016 at 5:26 am   /   Business

UP TO A million older homeowners could lose their properties because they cannot afford to pay off their mortgage and now the crisis looks set to intensify. Daily Express :: Finance Feed

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Interest-only ‘prisoners’ growing as borrowers refused new mortgages

Posted: February 25, 2016 at 5:37 pm   /   Business

THE interest-only mortgage time bomb is ticking more urgently, as growing numbers of borrowers are being refused new home loans as a result of tougher lending rules, according to experts. Daily Express :: Finance Feed

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