22 Jun 2017 5:01 PM:

Hi 

I am a specialist Spanish mortgage broker and it is true that RBS have withdrawn from the market and, in our expereince, will not renew or extend your current mortgage term. The only option would be for you to re-mortgage onto a repayment mortgage, as new interest only mortgages are no longer available. The good news is that interest rates are currently very low in Spain with a number of lenders able to lend up to age 75.

Thread: interest only Mortgage coming to an end

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