Interest-only Mortgages

Interest-only mortgages for lower monthly repayments.

With an Interest only mortgage, as the name suggests, you only pay the interest on the loan. You will not repay any of the capital borrowed. You will need a solid repayment strategy in place to pay off the capital borrowed at the end of the loan term.

This type of loan offers flexibility to clients that have other means available to pay off the capital debt. Fewer lenders offer these types of mortgages, but they are not impossible to place.

Peritus Private Finance is a whole of market broker, we have access to lenders that offer interest-only mortgages. Our team can find the best product to suit your circumstances.

Your home may be repossessed if you do not keep up repayments on your mortgage.

For mortgages, we can be paid by commission or a fee of usually £495 or a combination of both. The actual amount will depend on your circumstances.

 

We’d love to hear from you!

Send us a message today and our team of friendly, financial advisers will help you find the most suitable financial option to suit your current circumstances and needs.

or call us on: 0203 745 5893

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Peritus Private Finance Limited is authorised and regulated by the Financial Conduct Authority. Registration number 729282.

Registered in: England and Wales Reg No. 03490834 The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK. Where you have a complaint or dispute with us and we are unable to resolve this to your satisfaction then we are obliged to offer you the Financial Ombudsman Service to help resolve this. Please see the following link for further details: www.financial-ombudsman.org.uk