The lender says the software allows advisers to see the maximum loan it can offer customers on an interest-only, or a part-interest-only basis, particularly when using its sale of mortgaged property ...
When you buy through links on our articles, Future and its syndication partners may earn a commission. An interest-only mortgage could be enticing for those who want lower payments but there are a ...
Halifax has added an interest-only calculator to its broker hub. The lender says the software allows advisers to see the maximum loan it can offer customers on an interest-only, or a ...
The options are available on all prime tier 1 and 2 products up to 65% LTV for the interest-only option and 75% LTV for part and part repayments, however the interest-only element must not exceed ...
Once a symbol of pre-crisis lending, interest-only mortgages are making a comeback—offering new opportunities for lenders but also raising familiar concerns. The product, which allows borrowers to pay ...