More retirement interest only loans are available than ever but are retirees convinced?



RETIREMENT interest-only mortgages are a type of loan that were reclassified by the Financial Conduct Authority in 2018. The regulations for these loans were eased and they were officially classified as standard mortgages, resulting in a wider range of lenders having access to the market. Recent analysis shows that there has been a huge spike in the availability of these products but are they being embraced by retirees themselves?
More retirement interest only loans are available than ever but are retirees convinced? More retirement interest only loans are available than ever but are retirees convinced? Reviewed by Online Reviews on 11:37 PM Rating: 5

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