Interest only mortgages and downsizing
*Example £200,000 lending over 15 years monthly mortgage payment capital repayment v interest only Interest Only Lenders (sale of mortgage property as repayment vehicle) These Lenders allow sale of mortgage property as an acceptable capital repayment vehicle within certain conditions Lender Max LTV Minimum Equity Minimum Income Barclays 50% or 75% part and part £300,000 … Read more