Interest Only Mortgages
About interest only mortgages
An interest only mortgage is a financial product in which the borrower makes regular payments to cover the interest which is applied to the initial amount borrowed. As a result there is a requirement to have other financial products or means of paying off the initial amount borrowed at the end of the term in order to meet the full financial commitments. This strategy could involve investment plans, inheritance gains or disposing of the house in question in the future.
Interest only mortgage advice
The Financial Services Authority suggests that before you consider taking out a long term financial product such as an interest only mortgage that you may wish to consult a mortgage broker. Our fully independent mortgage brokers have a great deal of experience of working with clients to research the interest only mortgage market and find a product that is right for them. We offer all of those considering their options in relation to interest only mortgages, the opportunity to discuss their situation with one of our independent mortgage brokers. To arrange your free consultation please click the following link > Mortgage broker consultation.
Interest only mortgage options
Ashall Glover Financial Services search the entire interest only mortgage market to recommend the right product. We offer free consultations to allow you to discuss your interest only mortgage requirements with us. During this consultation, our financial advisers will discuss every element of the particular mortgage arrangement to allow you to make an informed decision as to the best way forward. To arrange your free consultation please click the following link > Mortgage broker consultation.
