MortgagesAug 15 2023

Less than 1mn interest-only mortgages outstanding as FCA continues scrutiny

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Less than 1mn interest-only mortgages outstanding as FCA continues scrutiny
Interest-only mortgages have halved since 2015 (Hollie Adams/Bloomberg)

The total number of interest-only mortgages has halved since 2015 to just under 1mn at the end of 2022, research from the Financial Conduct Authority has revealed.

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