This week our Star Letter accolade is awarded to Duncan Jones for the response to the post: The conundrum of maturing interest-only customers – Marketwatch
“This is an area where creative advice is needed,” he said.
“While one component will be to explore the opportunities to allow the client to stay in their home, another should be to challenge whether they need to. Most are empty nesters occupying an expensive to maintain property who could benefit from reduced running costs as well as a smaller mortgage payment or no mortgage at all.
“Clients are often too close to the coal face to see all the options, that’s where advice is so valuable.”