Is It Really Worth The Risk Having An Interest Only Mortgage?
Interest only mortgages, without a suitable repayment vehicle or repayment strategy, carry a great risk and as such it is necessary to point out that this article and the information contained within it is in no way a recommendation. To arrange any mortgage on an interest only basis comes with an inherent risk. These risks are discussed within this article but any responsibility for arranging an interest only mortgage should be taken seriously by the mortgagee that is the borrower.
