Melanie Wright is money editor at Rest Less. An award-winning financial journalist, she has written about personal finance for the past 25 years, and specialises in mortgages, savings and pensions. She is a former Deputy Editor of The Daily Telegraph’s Your Money section, wrote the Sunday Mirror’s Money section for over a decade, and has … [Read more…]
Katherine Young writes about a range of personal finance topics, but really enjoys getting into the nitty gritty of topics like the gender pension gap, savings, and everyday money-saving ideas. Katherine graduated with a degree in English Literature from Aberystwyth University, and now lives in South London with her husband.Katherine is a keen foodie. When … [Read more…]
There are several key differences between retirement interest-only mortgages and lifetime mortgages. These include: When you take out a retirement interest-only mortgage, you make monthly payments to pay the interest you owe. If you don’t keep up with your monthly interest repayments on an RIO mortgage, there is still the risk of repossession, in the … [Read more…]