A question I am quite often asked is, ‘should I still be buying my properties using interest only mortgages or has that all changed now because of section 24 and the tax changes?’. Let me start by prefacing that with a quick comment. In the lending world the rules have […]
Interest Only verses Repayment – What do YOU do?
Are you confused by your mortgage options? Why are nearly all investment mortgages interest only, rather than capital repayment? Surely it’s crazy to only repay the interest and leave yourself with the loan at the end, right Wrong. Actually, it’s not crazy for one simple reason: All property investors understand […]