Interest-only mortgage

If you are looking for interest only mortgages with low monthly payments, you are on the right page. Here in this guide, you will find all the articles related to interest only mortgages.

Interest-only mortgage is the type of mortgage that allows you to make monthly repayments that only cover the interest on the money that you have borrowed. These monthly payments won’t cover any original borrowing. In this category of mortgages, you have to pay the complete amount at the end of the mortgage term. In the UK, we have many types of interest-only mortgages such as Endowment Mortgage and RIO Mortgage (Retirement Interest Only)

In this guide on interest only mortgages, you wil also find the articles such as What are interest-only mortgages?, What should I do if I have an endowment mortgage shortfall?, and Retirement interest-only mortgages explained.

Interest-Only Mortgage No Repayment Vehicle: Navigating the UK Market
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Interest-Only Mortgage No Repayment Vehicle: Navigating the UK Market

Financial Advice, Interest Only, Interest Only Mortgages, Mortgages

Interest-Only Mortgage No Repayment Vehicle: Navigating the UK Market

By Romany Youell|2024-08-08T12:18:18+00:00August 7, 2024|Financial Advice, Interest Only, Interest Only Mortgages, Mortgages|

An interest-only mortgage without a repayment vehicle offers unique flexibility but requires careful consideration and planning. This guide will explore the intricacies of [...]

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Guide to Interest-Only Mortgages: Is It Right For You?
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Guide to Interest-Only Mortgages: Is It Right For You?

Interest Only Mortgages, Investment BTL Mortgages, Knowledge Mortgages, Savings and Investments, Savings and Investments Knowledge

Guide to Interest-Only Mortgages: Is It Right For You?

By Damian Youell|2024-05-24T11:17:51+00:00May 24, 2024|Interest Only Mortgages, Investment BTL Mortgages, Knowledge Mortgages, Savings and Investments, Savings and Investments Knowledge|

There are currently two different ways to pay your mortgage payments – interest only or repayment. As the term implies, you are only paying the interest part of a mortgage loan and you don’t have to repay the amount you’ve borrowed until the end of your mortgage term,

Retirement Interest Only Mortgages: Boost Your Lifestyle Without Leaving Your Home
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Retirement Interest Only Mortgages: Boost Your Lifestyle Without Leaving Your Home

At Retirement Planning, Interest Only Mortgages, Knowledge Mortgages, Remortgages, Retirement Planning / Pensions

Retirement Interest Only Mortgages: Boost Your Lifestyle Without Leaving Your Home

By Damian Youell|2023-12-21T18:14:06+00:00December 21, 2023|At Retirement Planning, Interest Only Mortgages, Knowledge Mortgages, Remortgages, Retirement Planning / Pensions|

If you own your own home and have equity in the property, then a retirement interest only mortgage might be ideal for you if you are an older borrower.

What are Interest-Only Mortgages? A Comprehensive Guide
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What are Interest-Only Mortgages? A Comprehensive Guide

Interest Only Mortgages, Knowledge Mortgages

What are Interest-Only Mortgages? A Comprehensive Guide

By Damian Youell|2023-10-17T13:06:45+00:00October 17, 2023|Interest Only Mortgages, Knowledge Mortgages|

According to the latest data from UK Finance, there were 702,000 pure interest-only homeowner mortgages outstanding at the end of 2022, [...]

Retirement interest-only mortgages (RIOs): What you need to know
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Retirement interest-only mortgages (RIOs): What you need to know

Interest Only Mortgages, Knowledge Mortgages, Remortgages

Retirement interest-only mortgages (RIOs): What you need to know

By Damian Youell|2023-10-10T11:18:06+00:00October 10, 2023|Interest Only Mortgages, Knowledge Mortgages, Remortgages|

Looking for a way to access the equity in your home in retirement without having to sell it? A Retirement Interest Only Mortgage [...]

Interest-Only Mortgages: Everything You Need to Know
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Interest-Only Mortgages: Everything You Need to Know

Interest Only Mortgages, Knowledge Mortgages

Interest-Only Mortgages: Everything You Need to Know

By Damian Youell|2023-07-07T10:41:55+00:00July 5, 2023|Interest Only Mortgages, Knowledge Mortgages|

In the ever-evolving landscape of financial services in the UK, one option that has garnered significant attention is the concept of Interest-Only Mortgages. This [...]

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Lifetime Mortgage vs Retirement Interest-Only Mortgage
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Lifetime Mortgage vs Retirement Interest-Only Mortgage

At Retirement Planning, Equity Release, Interest Only Mortgages, Mortgages

Lifetime Mortgage vs Retirement Interest-Only Mortgage

By Akshay Hooda|2022-10-26T13:58:55+00:00October 26, 2022|At Retirement Planning, Equity Release, Interest Only Mortgages, Mortgages|

In this article, we will explain the pros and cons of lifetime mortgages and retirement interest-only mortgages. There are some core differences between a [...]

Endowment Mortgage
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Endowment Mortgage

Interest Only Mortgages, Knowledge Mortgages

Endowment Mortgage

By Damian Youell|2022-01-15T20:18:15+00:00January 26, 2021|Interest Only Mortgages, Knowledge Mortgages|

Endowment Mortgages were hugely popular in the 1980s and 1990s and were often sold alongside interest only mortgages. There has been a lot of problems and scandals around endowment mortgages and failure for the borrower to repay..

What should I do if I have an endowment mortgage shortfall?
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What should I do if I have an endowment mortgage shortfall?

Interest Only Mortgages, Knowledge Mortgages

What should I do if I have an endowment mortgage shortfall?

By Damian Youell|2021-08-06T12:33:12+00:00October 22, 2020|Interest Only Mortgages, Knowledge Mortgages|

If you have an endowment mortgage, it was likely arranged so that you could enjoy the benefits of an interest-only mortgage (lower monthly repayments). [...]