What now for interest only?
The announcement around the MMR, rather than clearing up the interest only situation, has only made it more unclear, says ...
Tag: interest-only
Unrealistic expectations among interest-only borrowers
57.6% of those with interest-only mortgages think house prices will rise enough for their debt not to be a problem ...
MMR: won’t reinvigorate housing market, says IMLA
The Intermediary Mortgage Lenders Association (IMLA), has given approval to certain elements in the final rules for the Mortgage Market ...
MMR: no interest-only ban
The FSA is not to ban interest-only mortgages, having published its final rules of the Mortgage Market Review (MMR). Many ...
Nationwide went too far with interest-only move
The Nationwide Building Society has over-reacted with its decision to pull interest-only. That's the view of 81% of BestAdvice readers ...
Second charge brokers to benefit from interest-only demise
The continuing squeeze on interest-only customers means they need brokers more than ever to capital raise, V Loans has claimed. ...
Lenders heavily exposed to interest-only
Lenders are exposed to £116 billion worth of interest-only mortgages that are due to mature over the next eight years, ...
Firm banned over interest-only advice
Principal Mortgage Services Ltd of County House, St. Marys Street, Worcester, has been publicly censured by the FSA for breaching ...
