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Will Interest Only be pulled from existing customers?
Comments
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Interest only deals for residential purchases or further advances are like icebergs, two thirds of the criteria is not obvious until you collide with it.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
lucie_1985 wrote: »My brother has recently obtained an interest only mortgage with HSBC premier at 0.99%. The criteria for HSBC premier as I understand it is that one of the parties to the mortgage must earn more than £100k/annum solely or have £50k in investments with HSBC. They're around....just not easy to get, plus the overpayment limit is something like £50/month
Ok thanks I bank with hsbc so will ask them0
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