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Thursday 1 November 2012

Most interest-only borrowers count on rising value to repay debt

Fifty-eight per cent of interest-only borrowers believe house prices will rise enough for their debt to no longer be a problem at the end of the mortgage term, research from financial outsourcer HML has shown.

http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2221624/over-half-of-interestonly-borrowers-count-on-property-value-rise?wt.mc_ev=click&WT.tsrc=Email&utm_term=&utm_content=Most%20interest-only%20borrowers%20count%20on%20rising%20value%20to%20repay%20debt&utm_campaign=12%3A46%2001%20November%202012%20i-only%20repayment&utm_source=Daily&utm_medium=Email

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