Browsing: Interest Only Mortgages

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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The Differences Between The Halifax Retirement Home Plan and Roll Up Equity Release Schemes

Come retirement age, many pensioners soon hit upon the realisation that cash is required more than ever. Being the longest holiday of one’s life and…

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Should Life Insurance be Taken Out to Protect the Halifax Retirement Home Plan or Any Other Interest Only Lifetime Mortgage?

As with any financial commitment, major consideration must always be given to the longevity of the loan, particularly in the case of interest only mortgages…

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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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