home owners

home owners

Mortgages: interest-only deals a ‘ticking time bomb’ for one million homeowners

04 September, 20150 Comments
In a report on The Independent, Citizens Advice are calling interest-only mortgages a ‘ticking time bomb’ after nearly a million UK homeowners are found to have no way to pay off the money they owe. An interest-only mortgage gives the borrower cheaper monthly payments as they only pay the interest on their home each month;
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Could the Help to Buy Scheme cause a bubble? Do you care?

04 October, 20130 Comments
Help to Buy is a government scheme that aims to make getting on to, or moving up, the housing ladder more accessible to existing home owners and first time buyers by purchasing a home with as little as a 5% deposit.  Using Help to Buy there are two ways to purchase a property, up to
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