Research from Barclays suggests that 84% of homeowners are missing out on shaving years off their mortgages by making overpayments. A survey of over 1,000 borrowers found that only 10% of respondents are currently overpaying their home loans, with a further 6% planning to start this year. However, the study also found that 24% of [...]
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Which? exposes sale-and-rent-back firms
A new investigation by Which? Money claims to have uncovered “woefully inadequate” advice in the sale-and-rent-back (SRB) market.
Operators in the sector offer to buy homes at a discount, usually from people in financial difficulties, and rent them back to their previous owners.
However, in its research, the consumer group found that only two of the nine [...]
