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Aldermore offers lifeline mortgage to pensioners with interest-only debt

Aldermore offers lifeline mortgage to pensioners with interest-only debt

Pensioners stuck with interest-only mortgages have been offered a lifeline by challenger bank Aldermore. It has launched the first deal allowing retired borrowers to remortgage their interest-only loan when it comes to an end – using the sale of their property as a means of repaying the debt. The Aldermore deal is available to borrowers aged […]