TITLE

Nine out of 10 interest-only borrowers have payback strategy

PUB. DATE
June 2013
SOURCE
Mortgage Finance Gazette;Jun2013, p8
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article presents information on a research report released by the British Financial Conduct Authority, which revealed that 48 percent of the 2.6 million homeowners in Great Britain with interest-only deals may struggle to pay their loans when they mature over the next 30 years.
ACCESSION #
88232659

 

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