Browsing: Repayment Vehicle

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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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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