TITLE

Payback time for interest-only customers

AUTHOR(S)
Atkin, Joanne
PUB. DATE
October 2015
SOURCE
Mortgage Finance Gazette;Oct2015, Vol. 146 Issue 1796, p38
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the Online free advice organization Citizens Advice survey highlighting the interest-only mortgages resulting in foreclosure by lenders and Financial Conduct Authority of England survey with varying opinion.
ACCESSION #
110372180

 

Related Articles

  • FCA raises concern over interest-only deals. Dale, Samuel; Holt, Natalie // Mortgage Strategy (Online Edition);4/1/2013, p4 

    The article discusses the Financial Conduct Authority's (FCA) concern about the availability of interest-only mortgages following the exodus of lenders from the British mortgage sector in 2012. The FCA warns that firms may not be making the right choices and may be misinterpreting guidance due...

  • Santander chief says FCA regrets IO stance. Ray, Devraj // Mortgage Strategy (Online Edition);11/13/2013, p11 

    The article discusses how the British Financial Conduct Authority (FCA) is privately regretting the noise it made over the interest-only mortgages during the early days of its Mortgage Market Review (MMR) consultation when it hinted that it will require more stringent rules for interest-only...

  • Letters to the editor. Haired, Grey; Duncan, Stuart; Hulme, Chris // Mortgage Strategy (Online Edition);4/1/2013, p18 

    Several letters to the editor are presented in response to articles in previous issues including one on a March 2013 story that the Financial Conduct Authority (FCA) is concerned about lenders going for interest only, another alerting readers of an adjournment debate, secured by a member of the...

  • Interest-only mortgages in the post-MMR world. Wright, John; Taylor, Simone // Mortgage Finance Gazette;Mar2014, p32 

    The article focuses on the possible risks of an interest-only mortgage for borrowers. Among the key topics that were discussed include the mortgage advice given by Financial Conduct Authority (FCA) and Mortgage Conduct of Business (MCOB), provisions given by FCA and MCOB such as mortgage...

  • Hurd hops it to the other side; wallaby hops on to Twitter.  // Third Sector;11/5/2013, Issue 775, p15 

    The article offers information on miscellaneous issues including one on occupational problems of fundraising by database, the other on Citizens Advice and the third on the charity, Royal Society for the Prevention of Cruelty to Animals (RSPCA) in London, England.

  • New Citizens Advice figures. Griggs, Ian // Third Sector;6/3/2014, Issue 800, p7 

    The article reports that volunteers donated seven million hours of their time to National Association of Citizens Advice Bureaux in the year to March 2013.

  • Citizens Advice reignites interest-only warning. Holt, Natalie // Money Marketing;9/10/2015, Issue 1500, p11 

    The article reports that financial advisory charity Citizens Advice has revealed that nearly one million British homeowners are facing repossession due to their inability to pay their interest-only mortgage when their loan term ends.

  • Interest-only time bomb still ticking, warn brokers. RAY, DEVRAJ // Money Marketing;6/19/2014, Issue 1442, p34 

    The article focuses on the warning issued by brokers in Great Britain regarding the status of interest-only mortgages despite the efforts of lenders to contact their borrowers. Topics include the announcement of the Council of Mortgage Lenders (CML) about the success of lenders to communicate...

  • Young people among hardest hit by sanctions.  // Basic Skills Bulletin;3/10/2014, Issue 152, p2 

    The article reports on the warning of the British independent charity Citizens Advice that young people in the Great Britain are struggling to feel the benefits of the improving economy of the country.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics