Interest Only Mortgages

What is an Interest Only Mortgage?

With an Interest Only Mortgage your payment to the Lender covers only the interest on your mortgage. Whilst your monthly payments may be lower than with a Repayment Mortgage at the end of your mortgage term you will need to repay the original mortgage amount to the lender. With an interest Only mortgage you will pay interest on the full mortgage amount for the whole mortgage term, this will mean you will pay more in interest than you would on a repayment mortgage.

Why Choose MortgageKey for Interest Only Mortgages

We know the market

Our team’s knowledge of the interest only mortgage market, and excellent relationships with lenders, ensure you get the best offers.

Thousands of deals considered

We search and compare thousands of interest only mortgage deals to tailor a deal which is best suited to your current needs.

We’re completely independent

We’ve no tie-ins with certain lenders. As we’re fully independent and unbiased our focus is solely on finding the best option for you.

Pay nothing until completion

We don’t ask for any payment until we've found the right deal for you and your mortgage deal is complete.

Award-winning mortgage and loans experts – ready to help you today

Our team of specialists will guide you through the process of securing a mortgage, buying a home or taking out a loan – finding the very best deals for you and your family.

Mortgage & Loan Guides

Read our experts’ latest advice on a wide range of mortgage options to the tax implications of buying properties to let.

Find out more

Infographics

Making mortgages and loans simpler to understand is our key skill, and our infographics do just that!

Find out more

Hear from our Clients

Don’t just take our word for it, hear from our happy clients who we have helped through the mortgages and loans process.

Find out more

THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR PROPERTY.

YOUR HOME MAYBE REPOSSESSED IF YOU DO NOT KEEP UP WITH YOUR REPAYMENTS.

Representative APRC 3.5% Variable

Representative Example: Annual Interest rate of 2.44% fixed for 2 Years followed by 3.59% for the remaining term. Representative 3.50% APRC Variable. Based on borrowing of 150,000 over 17 years repayments of £899 per month. Total amount repayable £198,466. Includes Lender Fee of £995 and Broker Fee of £695.

What our clients are saying

  • Very efficient. Clear, concise advice and a positive outcome. Highly recommended. Zoe was particularly helpful.
    Simon Wedlake
  • Very quick response and took away all my stress. Laura understood my situation and provided my best solution which has helped me achieve my new home
    Maureen Cusick
  • Amazing service. Always keep in touch on progress, always very informative and polite. Glad I stumbled across MortgageKey.
    Ed Jones
  • Really great service and quick service.
    Gurinder Kaur
  • Great stress free experience everything was handled for us very efficiently
    Zcr
  • Remortgage as rates changing and mortgage key were very helpful in the quick smooth process, kept updated and given all the information to make an inf...
    Lyndsey
  • Shannon and Zoe were both fantastic. They were so supportive and knowledgeable. The process was made so much easier by them and they were always quic...
    Laura Davies
  • Very happy with the service we have had so far from MortgageKey. Team very responsive and have worked hard to secure us the best rates and deals for ...
    Thomas Hewitt
  • Very helpful
    jason norris
  • Very happy with all your help Laura and everyone who’s involved in getting my mortgages. Really appreciate your great help Kind regards Daniel
    Daniel watts
  • This is how the 3rd time that we have used Mortgage Key - twice for remortgages and this time when taking out a mortgage for a new property. Quite sim...
    Martin Benn
  • Very helpful for my mortgage
    Tim Chelmsford
  • Excellent service from start to finish. Comms were fantastic, staff were friendly & professional. This is our 2nd experience of using MortgageKey, we ...
    Zoe Barthorpe
  • Great service, used before, really good comms
    Emma
  • Great personal service
    Martin Johnson
  • I’m so happy receiving my mortgage offer. Well done Michael and Shannon. Michael Ncube was excellent in understanding my situation and he was very k...
    Consumer
  • Dayle, Amelia and the rest of the team have been amazing. From first contact to getting the mortgage through, it's been an absolute breeze.
    Mrs
  • it was really nice dealing with your company
    Albert Attrams
  • Very responsive, friendly and accommodating. Listened and clearly understood requirements and offered their professional guidance and support in pro...
    Nicola Breen
  • Karl & team were Excellent. Service was very helpful when dealing with my details which is what you want .
    Stewart campbell

Trusted by our clients

Ready to talk? Speak to an expert today: 0800 077 8980