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On a Fixed Capital Repayment...can I change to intrest only?
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LeShark
Posts: 66 Forumite
Hey all,
I'm a couple of yrs into a 5yr fixed rate capital repayment mortgage with HSBC. Things are a little tight at the moment so I was wondering if I'd be able to change to a intrest only for a while until things are a bit easier. Do you think they'll let me do this?
I'm a couple of yrs into a 5yr fixed rate capital repayment mortgage with HSBC. Things are a little tight at the moment so I was wondering if I'd be able to change to a intrest only for a while until things are a bit easier. Do you think they'll let me do this?
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Comments
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Depends on your loan-to-value (LTV). If the LTV is less than 80% HSBC may consider it. If it's anything above it, it won't happen.0
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