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Interest Only remortgages require borrowers to pay just the interest on the loan for a set period, with the principal amount remaining unchanged. This results in lower monthly repayments but requires a solid repayment strategy for the loan’s balance.

It’s vital to have a credible repayment plan in place, as lenders will scrutinize this closely before approving an Interest Only remortgage. Your plan could include investments, savings, or the sale of another property.

Professional advice can help you understand the risks and benefits of Interest Only remortgages, ensuring that you make a decision that aligns with your financial goals.

Looking into Interest Only remortgages? Fill in our form to get started finding the best remortgage rates.

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How It Works

  1. Complete our simple form
  2. We'll search for the latest rates from the remortgage market (including any exclusive online rates)
  3. You'll receive a no-obligation remortgage quote
  4. It's over to you - if you're offered a rate that meets your needs that's great, but if it doesn't then there's no obligation to proceed

What People Say

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