interest only/capital on death

desperate_dan_9

I hoping that anyone out there can come up with some answers for us.
My father died a few months ago. He and my mother had an interest only mortgage which had been running for 13 years & still has 12 years to go.Unfortunately he had not taken out life assurance or any other repayment vehicle to repay the loan in the event of his death.
This has left my mother worried because she knows that in 12 years she will have to find the capital to repay the building society.
Her property is only worth approx £70k & the loan outstanding is approx £23k. She has an income via pensions & benefits of roughly £9k p.a.
Are there any schemes which will allow her to continue to just pay interest as she cannot afford to increase her current payments, and take the capital element of the loan upon her death.
We have thought of equity release, but because of her age we do not think that this will be a solution.
At this moment in time she is totally distrought with worry as to how she is going to pay this money back and we would be grateful for any advice that anyone out there could give us. We cannot approach the Broker who initially set up the mortgage, as he has sold up & retired some years ago. THANK YOU.

payless

there may be lenders that will lend extra although more than likely they would want a fixed term ( although is this a good idea?
will depend on income breakdown

If still want gto go that route - perhaps try asking existing lender