Virgin Money revises interest-only policy
Virgin Money has amended its policy on interest-only residential mortgage lending and will now accept interest-only cases up to 70% ...
Tag: interest-only
Expo: FSA not looking to ban interest-only
The FSA has explicitly stated it has no intention of banning interest-only mortgage products. In a seminar session dominated by ...
Worrying insight into interest-only borrowers’ ‘strategies’
Only 23% of interest-only mortgage holders are regularly putting money away in order to pay off the capital, according to ...
Another lender ends interest-only for new borrowers
The Co-operative Bank has become the latest lender to stop lending to new customers on an interest-only basis. The decision ...
