Deal Direct source the most competitive UK repayment mortgage deals.

Straightforward repayment mortgage products have become a more desirable choice since the announcement of changes to interest-only mortgage criteria. For a long time interest-only mortgages enabled many cash strapped buyers to climb on the property ladder while limiting their monthly outgoings.

While interest-only deals have provided a short term option for many buyers, long term prospects for some are not so good.

Not all interest-only mortgage-holders will be in a position to pay off their outstanding balance at the end of their mortgage term, some have neglected to put in place a repayment vehicle.

Without an adequate investment to repay the capital owed at the end of the mortgage term, many are likely to be faced with the prospect of being forced to sell their home.

Many mortgage providers who have home-owners on interest-only deals that no longer conform with their changed lending criteria, would prefer these borrowers to switch to a repayment mortgage.

How can those interest-only mortgage holders in a position to remortgage and switch deals, achieve the best repayment mortgage offer?

Simple. Contact Deal Direct.

Our skilled advisers are dedicated to finding cash strapped interest-only mortgage holders the best repayment deals on offer.

We understand the urgent need to switch to a repayment mortgage to ensure that both the capital and interest owed will be repaid in full. Much has been made of this issue with reports of 'mortgage prisoners' becoming trapped in their current mortgage.

Contact Deal Direct now.

We will search the mortgage market to source a competitive repayment deal for you.