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Interest-only mortgages are becoming more popular with borrowers, particularly buy to let investors, according to research by Paragon Mortgages. The lender has found that, over the past four years, the proportion of broker business made up of interest-only mortgages has risen from 11% to 26%. |
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Focus on Mortgages Ltd offers advice on a range of general insurance policies from our panel of the UK’s leading insurance Companies. Mortgage Payment Protection Mortgage Payment Protection will meet your mortgage payments in the event of accident, sickness and/or unemployment. Typically these policies will pay your mortgage for 52 to 104 weeks depending on your needs. The government have placed a lot of emphasis on this area, and have produced a fact sheet ‘you can afford your mortgage now, but what if…?’. You can get a free copy from www.fsa.gov.uk/consumer, or by calling 0845 456 1555. Buildings & Contents Insurance and Landlords Insurance Focus on Mortgages Ltd will be pleased to advise you of your options and provide a quotation. |