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Interest-only mortgages have come under increased pressure from the Financial Conduct Authority in recent years due to mis-selling. However, the fact remains that an interest-only mortgage can often be an ideal solution for a particular client. It is vital that you get both the correct advice on which repayment vehicles are permissible, and help in navigating this complicated area. We will give you the facts that you need.
Your home may be repossessed if you do not keep up repayments on your mortgage.
*It is your responsibility to pay back capital borrowed at the end of the mortgage term