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1hu
Posts: 3 Newbie
any companies still doing re-mortgage @ interest only mortgages ?
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1hu said:any companies still doing re-mortgage @ interest only mortgages ?
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.
PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.
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It is possible, but you will likely need a good income, a good deposit and/or a repayment vehicle or possibly a combination of all of them.
How many of the boxes you tick will determine your options.
£20k income, 10% deposit and no repayment vehicle, you are probably not getting interest only.
£80k income and a 25% deposit and you probably are going to have options.I am a Mortgage AdviserYou 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.0
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