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Solution to an Interest only Mortgage

Mr and Mrs P had owned a successful business for many years which was badly affected by the credit crunch. As a result, they had been unable to repay their interest only mortgage as they had expected. Their mortgage had now reached the end of its term and the lender was pressing for full repayment. However, they had lived in their home for many years and did not want to move, particularly if forced to sell in a hurry where they would not get the best price for their home. We arranged an equity release mortgage for them which allowed them to fully repay their previous mortgage and stay in their own home for as long as they wished. 

Case studies
Case studies