The Mortgage Misery that could affect over 1.5m UK Households
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It has recently been reported that according to the Financial Conduct Authority (FCA), there are 1.67 million homeowners in the UK on some form of interest-only mortgage. That accounts for over 17% of all borrowers.
Subsequently, many of these borrowers are at risk of not having enough money to pay off their loans when they mature.
The post The Mortgage Misery that could affect over 1.5m UK Households appeared first on Property118.
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