Get in touch
You consent to us using the information you have provided to contact you about your enquiry.

You voluntarily choose to provide personal details to us via this website. Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 1998. You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.

Interest only

With an interest only mortgage, you are only paying the interest charged on the loan each month and the capital has to be repaid in full at the end of the term, from other arrangements that you have made. It is essential that there is a realistic plan in place that will allow the capital to be repaid. Lenders are much stricter about interest only lending now, so why not get some expert help and advice from Maxwell Moore?

If you are coming to the end of the term on an existing interest only mortgage and have not got the means to fully repay at the present time, then do talk to us. We will work with you to try and find a solution. We have access to lenders who deal with this type of scenario on a regular basis, even where the new mortgage term needs to extend into retirement.

Of course, we also want to ensure that you will be secure in your home, no matter what life throws at you in the years ahead, so we will also provide advice on appropriate insurance to protect you.


The mortgage products displayed below are a result of the following search criteria:

Property Value: £250000
Mortgage amount: £175000
Payment method: Interest only
Term: 25 years
Rate type: All
Initial period: 0-300 months

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE

Mortgage products are subject to status and availability.
Product details were last updated on 13 July 2018.

Whilst we have taken every care to ensure these details are accurate, we accept no liability for any errors or omissions. Abbreviations are explained in our Common Mortgage Terminology guide.

To confirm eligibility for any product, please contact us to discuss your circumstances.

Product
Type
Initial
Rate
Initial
Period
Reversion
Rate
Monthly
Payment
APRCERCsFeeLTV
Discount1.29% 2 years4.75% £188.124.34% 2 years£070%
Tracker1.34% 2 years3.94% £195.423.60% None£99970%
Fixed1.54% Sep 20203.99% £224.583.70% 31-09-20£99570%

These figures are only illustrative. An assessment of your needs will be confirmed before a recommendation can be made. A Key Facts Illustration, which is personal to your circumstances, will be provided if a recommendation for a mortgage product is made.

Product
Type

Initial
Rate

Initial
Period

Reversion
Rate

Monthly
Payment

APRC

ERCs

Fee

LTV

Discount
 

1.29%
 

2 years
 

4.75%
 

£188.12
 

4.34%

2 years

£0

70%

Tracker
 

1.34%
 

2 years
 

3.94%
 

£195.42
 

3.60%

None

£999

70%

Fixed
 

1.54%
 

Sep 2020
 

3.99%
 

£224.58
 

3.70%

31-09-20

£995

70%

These figures are only illustrative. An assessment of your needs will be confirmed before a recommendation can be made. A Key Facts Illustration, which is personal to your circumstances, will be provided if a recommendation for a mortgage product is made.

Blank pixel to trigger onload event