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August 2018

BTL repayment versus interest only
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As opposed to your residential property which will normally be on a “repayment” mortgage, the BTL market heavily leans towards “interest only” due to the sale of the BTL property being a repayment vehicle. This means that when it is...
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Later life lending
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Traditionally mortgage lenders were uneasy at lending beyond the age of 70. However, due to these changes there are now lenders who are happy to go well beyond this to support a variety of differing borrowing needs. There may be a...
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What is income protection
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Most do not cover against loss of income or “income protection”. The irony with this is that you are statistically far more likely to be unable to work and need an income protection claim than the other 2 covers. With...
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