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MSE guide: Should you switch to interest-only or extend your term?

MSE_Kit Posts: 110 MSE Staff

8 August 2023 at 2:37PM in Mortgages & endowments

If you're struggling to meet your monthly repayments, the new mortgage charter help lets you temporarily switch to interest-only payments or extend your mortgage term – without it impacting your credit file. In this new guide we take a deep dive in to both options, plus we've a new mortgage help calculator which lets you work out how much each could save you.

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'Mortgage help: Should you switch to interest-only or extend your mortgage term?'

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MSE guide: Should you switch to interest-only or extend your term?

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