Convertible Mortgages

Abstract

Discusses legal and tax issues surrounding the structuring of convertible mortgages. Concludes that convertible mortgages can be structured in the UK, but the complexity from a tax viewpoint restricts their application to high value properties. Cautions that tax implications must be examined in great detail before structuring.

Citation

Sproul, D. (1990), "Convertible Mortgages", Journal of Property Finance, Vol. 1 No. 2. https://doi.org/10.1108/EUM0000000003427