Interest only mortgage loans in UK could be facing multi billion pound shortfall

Posted on October 5, 2016 by tsiadmin

Taylor Scott International News

Home owners in the UK are facing a £6.1 billion mortgage repayment shortfall in the next decade with 27% of those with interest only loans not able to pay it back, new research suggests. More than a million interest-only mortgages will mature over the next 10 years but more than a quarter of households won’t […] The post Interest only mortgage loans in UK could be facing multi billion pound shortfall appeared first on PropertyWire . Taylor Scott International

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