There have been many changes to the mortgage market which have meant that can be harder to obtain an interest only mortgage than before. Interest only mortgages can still be the right type of mortgage for many borrowers. If you have been declined for an interest only mortgage contact us. Our advisers have access to the whole of market and will help to find the right interest only mortgage for you.
A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. You may have to pay an early repayment charge to your existing lender if you remortgage.