We will consider offering interest-only versions of our mortgages in certain circumstances.
You are expecting to have a pot of money in the future which you will use to pay off your mortgage
Your have other assets or a second property that you intend to eventually sell and pay off your mortgage
You have a lot of equity in your property and can downsize if need be
You are older and looking to minimise your mortgage payments to remain in your home in retirement
For a Decision in Principle, or Lending Certificate, confirming how much we would be prepared to lend to you
Below is a summary of the interest rates that apply to our mortgages. Speak to a member of our friendly team for a personalised mortgage quote
|Account||Term||Rate||Reverting to SVR** for the remainder of the term, currently||APRC - The overall cost for comparison is||Maximum loan to value (Variable)||Fees||Other features|
|Retirement Interest-only||3 Years||2.99%||4.99%|
|4.8%||55%||£495 with LPA*, £795 without LPA*||More|
|4.7%||65%||Completion fee - £NIL||More|
|4.6%||65%||Completion fee - £NIL||More|
*Lasting Power of Attorney. **Standard Variable Rate.
Our caring team will go out of their way to get to know your circumstances, and wherever possible say ‘yes’