The FCA has raised the issue of the 1.67million interest-only mortgage accounts outstanding in the UK. Nearly one in five mortgage customers have an interest-only mortgage and the FCA is concerned that shortfalls in repayment plans could lead to people losing their homes.
In the breakfast briefing we’ll discuss:
- The scale of the problem – why this could be a ‘time bomb’ for the future
- Challenges facing interest-only mortgage clients with no capital repayment plan
- The various solutions available for clients including lifetime mortgages
Earn CPD points and hear real life case studies to help you navigate your clients’ choices.
Find out more about our CPD accredited workshops in Hove, London and Solihull .