Are Interest Only mortgages gone ?

ecstatic

Registered User
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226
Hi,

Just wondering are IO products gone from the market now | is any bank suppling them?

Thanks.
 
I should certainly hope so, they only inflated the bubble, most people who got them are in the biggest trouble now, and while tax wise they may have been a good idea (which is another debate) they had a lot of downsides.
 
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