Interest Only
Mortgages

Interest Only Mortgages

Interest Only Mortgages - Interest Only Mortgages – Interest only mortgages are mortgages where the borrower only repays the interest on a mortgage. This may suit some borrowers, as it means that monthly repayments are relatively low. As the principal is not repaid during the term of the mortgage, borrowers may need to establish an investment strategy to cover the principal which would need to be repaid at the end of the term. At the end of the term, the principal needs to be repaid. Many lenders may require borrowers to prove that they will be able to repay the full amount at the end of the mortgage. Interest only mortgages may also be changed to a repayment mortgage in the future.

We consider interest only mortgages a specialist area and our advisers offer specialist services to suit your individual needs and requirements. We have established contact with a range of lenders of interest only mortgages, which allows us to select the most appropriate lenders for our clients. As interest only mortgages are specialist, we realise that individual lenders may offer significantly different terms and conditions on interest only mortgages and consider these mortgages when pairing you with a specific mortgage product.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 0845 3 630 430 or Enquiry Online.

Our expert advisers offer a personalised service to our clients. We minimise the hassle of applying for interest only mortgages and stay with you every step of the way, to finalisation and beyond.

Contact Us

Capital Fortune
City Office

14 Nicholas Lane
London
EC4N 7BN

Need Help?Contact one of our Capital
Fortune mortgage brokers
for whole of market expert
advice.

click here for Details

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

The overall cost for comparison on residential mortgages is 4.5% APR. The actual rate available will depend on your personal circumstances.

There will be a fee for our mortgage advice, the precise amount will depend upon your circumstances but we estimate that it will be £995, payable £495 at the outset but refunded if your mortgage application is declined upon initial underwriting. The balance of our fee is typically paid on completion. Your fee will not be refunded should you withdraw from the process or not accept our recommendation. Ask your Advisor for confirmation of our fees which we will email to you in an Initial Disclosure Document (IDD). You can find further information on our Terms of Business here.

The Financial Services Authority does not regulate some forms of buy to let, commercial mortgages, secured loans, bridging finance, trusts and conveyancing.

Capital Fortune Ltd is an Appointed Representative of Pink Home Loans. Pink Home Loans is a trading name of Advance Mortgage Funding Limited which is authorised and regulated by the Financial Services Authority. Capital FortuneLtd Registered office address: 14 Nicholas Lane, Bank, London, EC4N 7BN. Registered in England and Wales No. 05683249.

The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.

The Financial Services Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, conveyancing or debt management.