Interest only mortgages are coming back!
Yorkshire Building Society is launching an interest only 75% loan to value mortgage.
You will need to have a suitable repayment strategy to repay the interest only component.
Wow! common sense prevails. This is a fantastic option for the right borrower.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The Financial Conduct Authority does not regulate most types of buy to let mortgages, bridging loans, development loans and commercial loans.