Best Interest Only Mortgages
Compare Best Interest Only Mortgages
Special features of what we offer include:
- Whole of market service - we work with most UK lenders that operate on an interest only basis
- Great rates! - Access to leading market mortgage rates
- Exclusive deals - Access to exclusive loan deals not available on the high street
- Fast turnaround - speak to us today if you need to move quickly
- Raising additional finance? Looking to raise additional finance on top of your existing mortgage or buy to let mortgage? - we have access to a range of finance solutions
To investigate your mortgage options call our mortgage team on 0117 313 7780 or fill in our call back form.
What is an interest only mortgage?
As the name suggests, an interest only mortgage works on the basis that you only pay the interest due on the amount you borrowed each month.
Each month, you’ll pay out less than you would on an equivalent value repayment mortgage, because you are only repaying the interest, not the capital itself.
You will still owe the amount you originally borrowed at the end of the mortgage term, so you will need to have a repayment plan in place to pay back the full cost of the property at the end of the mortgage term.