Seek help if you want an 80% LTV interest-only mortgage.
If you want an 80% LTV interest-only mortgage you are strongly advised to enlist the services of an independent, impartial 'whole of market' mortgage expert.
There are still interest-only deals on offer for those with a 20% deposit, however mortgage choice is limited and criteria is tight. It therefore makes sense to improve your chances of finding and being accepted for a mortgage by using a 'whole of market' broker.
Some UK lenders, such as the Clydesdale and the Nottingham BS, are still prepared to lend on an interest-only basis and to those with a 20% deposit.
If you want to find out which lenders would be prepared to lend to you on this basis and the rate they will charge call 0800 048 8828 and speak to an impartial adviser at Deal Direct.
Who are Deal Direct and why enlist our help?
- We are an independent and 'whole of market' mortgage broker.
- We are not affiliated with any specific lenders, therefore we work 100% in your interest.
- We have access to all deals offered on an 80% LTV interest-only basis.
- We can find you the mortgage which is best suited to your needs and finances.
- We are here to help you every step of the way.
For an interest-only mortgage quote call one of our advisers on 0800 048 8828.
Article published: Friday, January 17, 2014
