£16 Billion in Interest-Only Mortgages Set to Mature in 2017

New research by Leeds Building Society shows £16 billion-worth of interest-only mortgages will mature this year. This sum is covered by almost 136,000 mortgages of this type. Meanwhile, more than £50 billion is due to be cleared by interest-only mortgage holders by 2020. According to the research, there are around 1.6 million mortgages of this […]