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Interest Only Mortgages

Interest Only Mortgages
Are you finding it difficult to obtain an interest only mortgage or perhaps you have an interest only mortgage that is coming to an end and your current lender will not assist?
Many lenders have altered their interest only criteria to make it virtually impossible to take out a mortgage on an interest only basis. Some of them not allowing interest only mortgages beyond age 65, whilst others insisting on either a minimum amount of equity in the property or a conventional repayment vehicle such as an endowment or an ISA.
We have lenders with a more flexible approach, that will consider interest only mortgages up to age 95.
Interest Only Mortgages

We have access to High Street lenders who will consider you for an interest only mortgage up to age 95, without insisting on a conventional repayment vehicle.


If your plan is to repay the mortgage by downsizing in the future, you would need to have a minimum of equity/deposit to satisfy the lender, although the exact amount would vary depending on your location in the UK.​

Most lenders will only consider you for an interest only mortgage if you also take out a conventional repayment vehicle such as an endowment or an ISA.
We find that many people want the flexibility to repay the mortgage by other means such as downsizing, sale of another property or future inheritance.​​
Interest Only Mortgages
Interest Only Mortgage


Rates are currently available from 4.19% (10 Year fixed rate).


A ten year interest only loan of £100,000 based on this interest rate would give initial payments of £349.16 per month. 

The actual rate would depend on your individual circumstances.


Please ask for your free personalised key facts illustration.

We also have Buy to Let lenders that will offer interest only mortgages with NO upper age limits.  For further information, please click here.
“The only efficient, professional and trustworthy service I received in my house purchase experience.  Brilliant!!!  I would recommend anytime.  Thank you for all your help.”
Mr GJP, Exeter


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