Interest only mortage get out of jail card

[badgers_back]

http://www.telegraph.co.uk/finance/personalfinance...

So as long as you keep up the payments you never have to pay it off...

[badgers_back]

Burgmeister said:

CaptainSlow said:

Until the FCA reverse the last three years of MMR introductions and lenders forget about the amount of losses incurred on IO loans.

Which losses are these?

My rental place they lend me 190k I pay them 137 UKP a month for the privileged....

At the moment of course