Over-stretched luxury homeowners face become mortgage prisoners - Daily Mail

4/5/2022 12:00:00 AM3 yearsago
by Myra Butterworth
by Myra Butterworth
Lenders are looking at business owners - who may typically pay themselves in dividends - and how recent dividend tax hikes will affect their ability to pay their mortgage.
High-earning homeowners could end up being trapped and unable to move if they overstretched themselves to buy their property during the pandemic boom, experts have warned. They may be unable to remo… [+4247 chars]
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