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I know of a number of people ``buying`` their properties on an i/o.Do the lenders ask for some capital repayment vehicle{like the old endowment arrangement}?

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Guest Charlie The Tramp

I know of a number of people ``buying`` their properties on an i/o.Do the lenders ask for some capital repayment vehicle{like the old endowment arrangement}?

There`s no reason for them to insist you have a repayment vehicle, come the day of judgement, can`t repay the capital they will offer you another IO mortgage or repossess the property. A possible lifetime earner for them. :D

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There`s no reason for them to insist you have a repayment vehicle, come the day of judgement, can`t repay the capital they will offer you another IO mortgage or repossess the property. A possible lifetime earner for them. :D

Oh I guess that`s Ok then.As houses always go up they will worth about a squillion pounds---lol

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  • 336 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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