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Jeremy Vine - Interest-only mortgages - 2nd May 2013
A manic day of interviews after the new FCA (Financial Control Authority) warned that up to 1m people on Interest-Only mortgage deals had no plan in place to pay off the capital sum. Is this a ticking time-bomb for the housing market?
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By Henry PryorA manic day of interviews after the new FCA (Financial Control Authority) warned that up to 1m people on Interest-Only mortgage deals had no plan in place to pay off the capital sum. Is this a ticking time-bomb for the housing market?