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Quick question for someone please !

Can you take out an Interest only Mortgage, for only a short time, with no investment to cover the repayment ?

I realise this is not a good thing to do, but think the downside could be outweighed by the gain for my case.

Comments

  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    The simple answer is yes.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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