All the updated news related to interest only mortgages

All the news related to interest only mortgages updated in real time

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FCA: One in 10 interest-only mortgage holders may be ‘overly optimistic’ on debt

One in 10 interest-only mortgage holders might be “overly optimistic” about paying off their debt when the time comes, the City watchdog has suggested. The Financial Conduct Authority urged those with interest-only mortgages to discuss options with ...

15 Aug 2023 at 14:49

Personal Finance

71% fall in number of interest-only mortgages outstanding since 2012

The number of interest-only mortgages outstanding has fallen by 71% since 2012, helping to shrink the overall risk of interest-only borrowers being unable to repay deals, according to figures from a trade association. UK Finance said the stock of ...

19 Jun 2023 at 12:18

Personal Finance

Shrinking number of homeowners sitting on interest-only mortgages, figures show

The number of homeowners sitting on interest-only mortgages has shrunk as borrowers have paid the money back on or ahead of schedule, according to a banking and finance industry trade association. Some 541,000 “pure” interest-only homeowner ...

18 Jun 2025 at 00:01

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