The number of people using interest-only
According to the Council of
Andy Pratt, chief operations manager of Alexander Hall, said some borrowers feel confident to pay the interest and “control for themselves how much of the
“It doesn’t necessarily mean they’ll be winners in terms of beating the lender and the interest rate, but they feel a little bit more in control as they know they can do it whenever they want,” he added.
According to Alliance & Leicester, property ownership is still a priority for those under 30, despite ongoing concerns about
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