Geriatric Interest Only Mortgages

I just read that now older mortgage holders will be able to continually rent their home until around the time they move into an old folk’s home (or die).  Accordingly, Leeds’ Building Society has new INTEREST ONLY mortgages offered to borrowers aged 55 to 80.

Well – when your house could have earned more money than you have in your lifetime, why should you not just MEW be increase in price and continue the luxurious of mortgage usury? Continue reading “Geriatric Interest Only Mortgages”

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