Interest only mortgages have had poor press due to historic poor-selling and lack of planning and as a result, criteria is far stricter. Interest only mortgages are still available, and we have a large variety of lenders who can offer the option however it is imperative to discuss the financial implications and consider thoroughly with an adviser the repayment strategy.
Cash, pensions, bonuses as well as other assets can also be considered in overall wealth and if it makes sense then we can help you arrange this type of lending.
Part and Part is a modern alternative where a portion of your mortgage can be on interest only and a portion on repayment to reduce the outstanding liability at the end of the mortgage term.
Registered in England and Wales
Monopoly Mortgages Ltd is an appointed representative of PRIMIS Mortgage Network, a trading name of Advance Mortgage Funding Limited. Advance Mortgage Funding Limited is authorised and regulated by the Financial Conduct Authority.
The guidance contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK
Registered office address – Alpha House, 100 Borough High Street, London, England, SE1 1LB
Registration number – 11987893
There may be occasions when we need to charge a fee, however, this will be dependant upon your circumstances and we would let you know how much this is likely to be when we make our initial disclosures to you at the outset. The fee can range from £99-£499.
©2024 By Monopoly Mortgages. All Rights Reserved. Development by Digitex Technologies
