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Thread: Interest Only

  1. #1

    Interest Only

    I'm looking for a short term loan using my house as equity. I am mortgage free and want to raise half the value of the house and pay it off by selling the house in 2 years time so some thing like an interest only mortgage would be ideal.Does any one offer such short term mortgages? Any suggestions?

  2. #2
    Interest only mortgages are available that loan to value for home.

  3. #3
    For let properties they are available up to 85% loan to value.

  4. #4
    However, suggesting to a standard lender that you only want a mortgage for two years will put them off.

  5. #5
    Speak to a Mortgage Broker for a suitable solution.


 

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