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Best interest only mortgage comparison tool
ro2778
Posts: 101 Forumite
Can people here recommend a good all of market interest only mortgage comparison tool / websites?
I'm discussing with a broker also but I like to do my own research.
I'm discussing with a broker also but I like to do my own research.
0
Comments
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Leave it to the broker. There is a lot more to it than comparison tools.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0 -
What are you trying to compare? Interest rates tend to be the same as repayment mortgages.
You might look at 10 interest only deals and only qualify for 1 of them.
Only way to verify the broker advice is either with another broker. Or trawling dozens of websites and speaking to lenders to see how they deal with cases, just cause some say on paper they do stuff, it's a nightmare actually trying it (I'm looking at you nationwide an your 3 year bankrupts. Never been able to get one through). Or by doing the job for years and building up knowledge and relationships with lenders
Interest only is an absolute minefield now. Best left to the professionals0
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