The Times - Return of the risky interest-only mortgage

Aaron Strutt Image

Halifax, the UK’s largest mortgage lender, has relaxed its lending criteria for interest-only making it easier for wealthy clients to secure its interest-only mortgages.

Aaron Strutt, of Trinity Financial, the mortgage broker, told The Times that he has spoken to lenders that seem more keen on interest-only than before and “more likely to ease up their criteria next year.”

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