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At the end of interest only mortgage?
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Why not sell off before the end of the mortgage? covering any shortfall from the savings that you would have used to pay off the balance, that way would still have the financial gain of that money in the bank; as opposed to the traditional route of clearing the mortgage and having the money in 'bricks & mortar'..0
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we must of had ninja mortgages in the uk..It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0
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