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Concern over endowment mortgage and interest only loan shortfalls in the UK

  • Thread starter Nicholas Wallwork
  • Start date
Nicholas Wallwork

Nicholas Wallwork

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A million over 50s’ endowment mortgage policies in the UK aren’t enough to pay off their mortgage and a quarter say they will have to sell their home to make up for the shortfall. Research from the Saga Equity Release Advice Service has found that the average shortfall is £49,000 and as one in 10 [...]

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