Mortgage Term Change?

[Jonnybmac]

No worries, it was in effect super powerful what you could do.
In effect save tax free by reducing your mortgage interest then get the money back tax free from your lender.

Maybe lenders found people who were in difficultly would draw it all down then end up defaulting a bit later or something

I think maybe to do with having a large sum of money they unexpectedly have to return at some stage rather than borrow back out to someone else