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Interest Only Mortgages
A flexible borrowing structure that may suit certain clients with strong repayment strategies and long-term financial plans.
An interest-only mortgage is exactly what it sounds like: each month you pay the interest, while the original loan amount remains outstanding. At the end of the term, the full loan amount is still owed and you need a credible plan for repaying it.
Common repayment strategies include the sale of the property, a separately invested fund (ISAs, pensions, other investments), the sale of another asset or an inheritance. Lenders will usually want to see evidence of the repayment strategy at application and may review it during the mortgage term.
Interest-only suits some people very well, particularly high-earning or self-employed borrowers with variable income, those who'd rather manage their own capital and retirees with significant equity. It is not a way to make an unaffordable mortgage affordable. We'll only recommend it where it genuinely fits.
Experience the support and guidance that sets GG Mortgages apart. We offer clear, independent advice to help you secure the right mortgage - with confidence.
Tailored mortgage solutions based on your unique needs and goals.
We handle the paperwork, chase progress, and keep things moving so you can get on with everything else.
Over 10 years of experience helping people get the most from their finances.
Speak directly with a real adviser - no call centres or bots.
Access to the whole market, including exclusive broker-only deals.
No jargon. No surprises. Just honest advice with clear answers.
We start with a no-obligation chat to understand your circumstances, goals and budget. This can be by phone or video call.
We search the entire UK mortgage market, including high-street banks, building societies and specialist lenders to find the most suitable products.
We present you with a shortlist of options, explaining the pros and cons of each, so you can make an informed decision.
Once you choose your mortgage, we handle the entire application process: submitting paperwork, liaising with lenders, and keeping you updated.
We support you through to completion and remain available for future remortgaging, moving home, or portfolio expansion.
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Independent whole of market mortgage brokers serving Edinburgh, Bristol, London and the whole UK.