Editorial: Questionable future for equity mortgages

Now many of those compensation claims have been settled and dealt with, questions are now being asked as to whether endowment and equity mortgages still have a future. At present, it is unlikely consumers would choose to take out an endowment mortgage, given all the publicity. However, advisers suggest there are still a handful of clients who are prepared to take the risk of dabbling in the stockmarkets and consider an interest-only mortgage, such as a pension, Isa or endowment mortgage. There are still one or two advantages to using Isa mortgages – the main one being the client can c...