Time for action on interest-only mortgage deals as homeowners risk LOSING THEIR HOUSES



THE interest-only mortgage time bomb is ticking louder than ever, but many homeowners and lenders are failing to take action. City watchdog the Financial Conduct Authority is urging borrowers on interest-only deals to contact their lender as soon as possible, or risk losing their homes.

Source: Daily Express :: Finance Feed http://ift.tt/2BGnm4D

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