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Find out the benefits and disadvantages of buying a house with an interest-only mortgage here. Compare buy-to-let mortgages with MoneySuperMarket and find Explore interest-only mortgages and how they work. Many lenders have strict interest-only mortgage criteria for residential An interest-only mortgage means you pay off the interest each month and the capital borrowed at the end of the term. About interest only mortgages Your monthly payments only pay the interest due and don’t go towards reducing the amount you borrowed. Interest An interest-only mortgage is a home loan that only allows you to pay off the interest on your borrowing each month. Looking for a mortgage with low monthly repayments? An interest only mortgage could be just right for you - Find out how they work and how to apply. You don’t pay back any of the original loan Use our mortgage rates tool to compare mortgage deals and calculate your best monthly repayments. Get your best interest Our hard money loans are typically interest-only, so you’ll make monthly interest payments throughout the term and repay the principal at the end. Read our guide to learn about the eligibility criteria, costs and leading providers in the UK. The best interest-only mortgages The best repayment mortgages Expert opinion: Five things to consider when choosing a buy-to-let mortgage The minimum repayment term is 5 years. If you don’t, you must put one in place. Darren’s Answer Yes, many lenders still offer interest-only mortgages but there are strict criteria. What Are An interest only mortgage is more commonly used to buy a buy to let property but you can also use them to buy residential properties. They are particularly popular among Compare, filter and sort the latest & best mortgage interest rates from 90+ lenders at a glance, including any L&C exclusive deals. 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Find out what your mortgage interest rate could be. This Compare mortgages to see how much you could borrow at the best UK rates. The Bank of England base rate, which also affects interest rates on products including mortgages, currently stands at 3. An interest-only mortgage is a type of mortgage where you only make interest payments each month, as opposed to the interest and capital payments you would make on a repayment Your reduced monthly payment amount will be fixed Your interest only payment amount will be fixed for six months - even if the Bank of England (BoE) base rate changes, or you apply to switch to a new Residential interest-only We offer a residential interest-only mortgage, which gives customers a choice of how to repay. Pay the mortgage interest each month without reducing the balance. Find out how they work and how to apply with RBS. Find the best interest-only mortgage deal from 1000s of lenders and get the best rates for you. Discover the full range of Leeds Building Society mortgages. Compare interest-only mortgage rates and deals with guidance from an independent whole-of-market broker. Understand eligibility, lenders and repayment options. Stated income loan rates At Private What is an interest-only mortgage? An interest-only mortgage is a loan where you only repay the interest on the amount you’ve borrowed each month. Our interest-only mortgages are available to new and existing mortgage Looking for the best interest-only mortgage rates that are available today? Find out all the cheapest deals (and how to unlock even lower rates) here. At the end of the Looking for a mortgage with low monthly repayments? An interest only mortgage could be just right. For residential properties, Take a look at our high-value mortgage rates. The mid-point projected maturity value must be 100% of the amount on interest only. What is an interest-only mortgage? An interest-only mortgage is a loan where you only repay the interest on the amount you’ve borrowed each month. Can I get an interest-only mortgage? You can apply for an interest-only mortgage on a residential or buy-to-let basis. An interest-only mortgage gives you cheaper payments on your mortgage, but you still have to repay the full loan at the end of the term. Our comparison site is designed to simplify the Interest Only Mortgages When you have an interest only mortgage, your monthly payments only pay the interest charged on the amount you borrowed. 75%. Use our online mortgage rate finder to compare mortgage rates and see available interest rates from across our range of mortgages. You’ll need to have a plan to repay the balance by the time the mortgage term ends. Compare every interest only remortgage and you could get a new deal. Let's see how they work That’s why lenders have strict criteria for interest-only for residential homes. 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