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Asked by rsjw on 4th February 2014 Report this content
I have an interest only mortgage with IF that is due to end in 2020. I have received a letter from them asking me to provide evidence of my repayment plan - ie copies of statements, endowment policy projections etc. Do they have the authority to demand this? So far I have told them that I am overpaying on the mortgage, plan to sell by 2018 and have the means to meet any shortfall. Is that enough?

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