Find An Interest Only Mortgage

Find An Interest Only Mortgage

Find An Interest Only Mortgage - Find an interest only mortgage through our expert advice team today. We offer personalised advice to clients wishing to find an interest only mortgage, searching through a range of providers to find the best deals. We will strive to find an interest only mortgage that is suitable and affordable for you, beyond the headline rate. You should be aware that for interest only mortgages your debt will not reduce over the term of the mortgage and you will be responsible for arranging a vehicle to repay the capital borrowed.

There are a large range of interest only mortgage packages on the market. It is easiest to find an interest only mortgage for buy to let property, as these are interest only as standard. As a result, lenders will usually assess the viability of the mortgage by requiring expected rent to be at least 125% of monthly interest rate payments.

Residential interest only mortgages may be assessed on the basis that a repayment package on the same rate would be affordable. This means that it may not be easier to find an interest only mortgage than a repayment mortgage for residential property.

Whatever your needs, we can help you find an interest only mortgage. We offer assistance to clients with a range of requirements and specialise in matching the right interest only mortgage from the right lender. Our personalised service ensures that the interest only mortgages we recommend are the most suitable for your individual circumstance and most affordable, including hidden costs and charges.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

We can help you find an interest only mortgage today. Call us or contact us online for expert advice.

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