Transactions in prime central London fell by almost a third in the three months to the end of September. Lonres, which provides data across the market, says there was a…
Month: November 2014
Mortgage time bomb ready to explode for thousands of borrowers
A ‘mortgage time bomb’ is looming for people aged over 50 with interest-only mortgages and who had hoped that an endowment would clear the lump sum, typically after 25 years.