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I have an Interest free mortgage

I have an interest free mortgage ending in 6 years I don't have the money to pay off my mortgage I have heard of a lifetime mortgage. Has anyone heard of these?

Comments

  • 6 years is more than enough time to plan your finances, go to the debt free pages if you want advice on freeing up money
  • Congratulations on getting an interest free mortgage!
  • dunstonh
    dunstonh Posts: 119,836 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I have an interest free mortgage ending in 6 years I don't have the money to pay off my mortgage

    Shame that is ending.  I thought the Danish mortgages recently were the first example of an interest free mortgage.

    I have heard of a lifetime mortgage. Has anyone heard of these?

    yes


    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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