With interest-only mortgages, just the interest component of the loan is paid each month. The capital is repaid at the end of the mortgage term. 

Interest-only mortgages are not for everyone but they keep monthly repayments down which can be appealing. We work closely with you to work out how the capital will be repaid at the end of the term. This may be through the sale of the property, investments or other means.

You may want to mix the repayment methods and have part of the loan on interest only and part on a full repayment basis. We will explore all options to structure the borrowing in an affordable and suitable way.

 

GET IN TOUCH

Francis Stone
5th Floor
18 King William Street
London
EC4N 7BP

T: 020 3053 3703
E: enquiries@francis-stone.com

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Registered in England and Wales.

The guidance contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

Registered office address - 5th Floor, 18 King William Street, London, EC4N 7BP.

Francis Stone Ltd is an Appointed Representative of PRIMIS Mortgage Network, a trading name of Advance Mortgage Funding Limited. Advance Mortgage Funding Limited is authorised and regulated by the Financial Conduct Authority.

Registration number - 05060746

A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances (i.e. £1,000 on a £100,000 mortgage). A typical fee is £395 plus we will receive commission from the lender.