Simply pay interest on the amount you borrow with an Interest Only Mortgage.




Simply pay interest - that´s all.

Imagine a mortgage where you just pay interest on the amount you borrowed until the end of the mortgage period - that´s the Interest-Only Mortgage.

Here is how it works

  • The outstanding amount stays the same
    You're not paying back any of the capital you borrowed each month, just the interest for the loan period.

  • At the end of the mortgage term, you pay back the whole capital amount in one lump sum
    You´ll need to pay the outstanding amount in one lump sum at the end of the period.

  • Our Capital Repayment Option pays the interest and the money borrowed
    With an interest-only mortgage you need to pay the lump sum back at the end of the loan, so you do need to set up some way of saving that amount. If you prefer paying both the interest and the capital, have a look at our Capital Repayment option.

It's simple — and affordable. Call 0800 528 2838 (Monday to Thursday 8am to 8pm and Friday 8am to 7pm) and one of our advisors would be happy to help you find the most suitable option for you.

Enquire Now

Read the Key Facts about our services. You'll find all the key facts on our mortgages and optional insurance services at one glance in a convenient PDF file.

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

For new customers, an arrangement fee of 3.0% of the advance - minimum of £1,500 to a maximum of £4,000 will be charged, plus a typical completion fee of £1,295.00.

For existing customers, an arrangement fee of 3.0% of the advance - minimum of £1,250 to a maximum of £4,000 will be charged, plus a typical completion fee of £1,295.00.

Any changes to an existing account may be subject to early repayment charges that are part of the terms and conditions of your mortgage.

Back to Top

Please read important information