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Podcast: The Property Podcast
Episode: ASK189: What would happen to my mortgages if I die? PLUS: How should I “interview” a mortgage broker?
Description: Once again, our favourite mortgage broker, Dave Cookson is back. He’s joining The Robs to answer your mortgage questions on today’s Ask Rob & Rob.
First up we’ve got Rita who wants to know what would happen to her property portfolio should she die, and how can she protect her family? She has interest only mortgages on all her properties at 75% LTV. So she’s wanting to know if she died, would her husband be forced to sell the properties and pay off the mortgages?
It’s not a question that comes up very often...