Over-50s' interest-only mortgage trap that may cost their home | Mail Online
Tony and Pam Hughes never dreamed they would fail to pay off their mortgage. But after 30 years of paying interest to the bank and having retired, they were still £40,000 short.
It left them with a terrible dilemma: they would have to move out of the house where they had spent three happy decades or take on more costly debt that would devour their children’s inheritance.
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