Retirement interest-only mortgages offer lifeline to older borrowers

Demand is growing for a new type of home loan that helps the over-55s facing a shortfall at the end of their existing termA new breed of interest-only mortgage for older people is starting to take off. These deals could throw a lifeline to thousands of…

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Outrage as help-to-buy boosts Persimmon profits to £1bn

Builder condemned for making massive gains from taxpayer-funded programmeHousebuilder Persimmon made a record-breaking £1bn profit last year – equal to more than £66,000 on every one of the homes it sold – with almost half of its house sales made throu…

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