We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Interest only mortgage
AJH68
Posts: 1 Newbie
Looking for some advice please.
Looking to sell house in about 18 months time, we would have paid the mortgage off and the house would be worth around £400,000.
Looking to sell house in about 18 months time, we would have paid the mortgage off and the house would be worth around £400,000.
Is it possible to arrange a interest only mortgage £100,000 to £200,000 for one year to help get the house ready for sale plus to help a family member with deposit to get on the property ladder?
0
Comments
-
What's your income?
What's your property currently worth?
IO mortgages have a lot tighter criteria than they used to.Mortgage started 2020, aiming to clear 31/12/2029.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards