29 Dec 2015 7:50 PM:

I have 18 months left on a 10 year interest only mortgage with RBS in Gibraltar. The loan is completely up to date, but RBS are refusing to renew or extend, claiming that they have left the Spanish mortgage market. I will not have the funds to repay as the value of the house has reduced over the last 8 years and I am unable to sell the property (it has been only the market for 2 years).

Do I have any options with RBS? They say I do not - other than paying back in full.

Has anyone else been in this situation, and what was the outcome?

Thread: interest only Mortgage coming to an end

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