Are You Coming up to the end of your interest only mortgage period?
What if your mortgage is interest only, you are in negative equity and you have no way of repaying the capital at the end of the term?
Tens of thousands of first time buyers and re-mortgaging homeowners were sold interest only mortgages this way, predominantly during 2004-2008.
But what can you do about it now?
- Find out if your mortgage was mis-sold and are you entitled to redress / compensation
- Mortgage re-negotiation to enable you to repay the mortgage in full over a longer period
- Sell the property, complete a Negative Equity Settlement and move on
The first step is a Case Review to establish exactly which of these options you qualify and how each would work based on your personal circumstances.
We are assisting our clients with this problem every day. Our empathetic and professional approach will ensure you are listened to and receive the correct advice in a clear and friendly way.