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Ray Prince's Articles in Mortgages

  • Interest Only Mortgages - Are They a Good Idea?
    Many people opt for an interest only mortgage for one simple reason - it's the cheapest option. You can't blame people for choosing the 'lowest' cost option, can you? So how does an interest only mortgage work (I've had many clients call it an interest free mortgage - if only!), as against the other option of a capital repayment loan?

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