Mortgages: interest-only deals a ‘ticking time bomb’ for one million homeowners

Interest-only mortgages are a “ticking time bomb” for nearly a million homeowners in the UK who may have no way off paying off the money they owe, Citizens Advice has warned.Millions scooped an interest-only deal before the rules were tightened up…

The Independent – 04 September 2015

http://a.msn.com/r/2/AAdW7LM?a=0&m=EN-GB

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