A&L - existing borrower going interest only

clairehi

Hi all,

Does anyone know whether A&L have a specific policy regarding existing borrowers requesting to change from repayment to interest only, due to change of circumstances.

or should I just call them....?

Anastasia

I did this last year with A & L when my OH moved out. I didn't tell them the reason why. I just told them I was reviewing my finances and I could do with the extra cash for other things.

They didn't ask too many questions but there is plenty of equity in the property so that might have made a difference.