Many with endowment mortgages are trying to spread out their risks by going co-op with friends or family. Although many had hoped that the rate of returns on endowment mortgages would remain high, the opposite has been the case. As such, many that were relying on their endowment mortgages to pay for their retirement have […]
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Endowment Mortgages Frustrating Many
Posted on June 19th, 2008 by Bright Light
Many homeowners across the UK are abandoning their endowment mortgages to seek alternative financing and coming up empty. Most have been forced to make the change due to lowered returns on their endowment mortgage and it appears as though many may have to rethink their retirement options as a result. This has led several to […]
Endowment Mortgage Market Continues to Feel the Heat
Posted on June 13th, 2008 by Bright Light
Although many are losing faith in the endowment mortgage market, a new trend appears to be emerging that could help those with more than one property. The sale and rent back market appears to be rivaling endowment mortgages in terms of returns and are more available to those with bad credit histories. Many consumers have […]
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