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Interest Only Mortgages

An interest only mortgage allows you to make monthly payments that just cover the interest on the money you have borrowed. These payments do not pay off any capital of the sum originally borrowed.


This means that you’ll need to repay the full mortgage amount in one lump sum at the end of the mortgage or when you sell the property.

We have schemes available to age 95 or even for life.  Rates available from 3.14% (3.42% APRC).

Interest Only Mortgages

If you're looking to take out an interest only mortgage or to replace an existing interest only mortgage that is coming to an end, we have high street building societies and specialist lenders who will take a more flexible approach to interest only mortgages.

Interest Only Mortgages

You may plan to repay your interest only mortgage by one of the following: -


Selling and downsizing

Future inheritance

Selling a second property that you own

Making ad hoc lump sum payments

You may wish to switch to some type of Equity Release or Lifetime Mortgage product in the future.

To discuss your personal situation in more detail or to obtain a written illustration with no obligation, please call us on 0800 542 1719

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