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It’s the end of the road for 900,000 borrowers on interest-only loans, as they’ll be automatically switched to principal and interest loans this year. Now’s the time to check whether or not you should start considering other options. Back in 2014-15 – at the height of the property boom – some 900,000 interest-only loans were Read More
While hazy economic conditions are nothing to rejoice about, low interest rates are good news for everyone with a mortgage. That’s because low interest rates provide the perfect opportunity for home owners to get ahead on their home loans by making additional payments towards their mortgages. When rates are low, your repayments are also Read More