Barclays Interest Only Mortgages

Get a Woolwich mortgage deal...

Compare deals below to see if a Barclays interst only mortgage deal from the Woolwich suits your needs. Remember though, if you do opt for a Barclays interest only mortgage, your payments will not be paying off the loan, just the interest on it, so you should either switch to repayment as soon as possible or have an alternative arrangements for paying off the balance.

Woolwich Mortgage Deal Selection

Provider

Type

Initial Rate

Initial Term

Overall Cost for Comparison

Max LTV*Product Fee 
Tracker

1.79%

2 Years

3.80%

75%

£1,034Get Quotes >

Call 0117 332 6063

to speak to us about this deal. Reverting to base rate + 3.39% variable for the remaining term of the mortgage.

Representative Example:


A repayment mortgage of £120,000 payable over 28 years and 1 month initially on a fixed rate for 2 years at 1.99% and then on the lender current variable rate of 3.69% (variable) for the remaining 26 years and 1 month would require 24 monthly payments of £465.20 and 312 monthly payments of £565.39 and one final payment of £565.19.


The total amount payable would be £189,357.67 made up of the loan amount plus interest (£68,161.67), booking fee (£999), completion fee (£30) and valuation fee (£197).


In this example the overall cost for comparison is 3.7% APRC representative.


YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The range of Barclays interest only mortgages include:
  • Fixed rate - up to 5 year deals
  • Lifetime tracker - save when the base rate falls
  • Offset - your savings can help you save on monthly mortgage payments

As a responsible lender, barclays will always take steps to ensure you have a repayment plan in place if you choose an interest only rather than repayment mortgage.

Latest Mortgage Deals Selection

Provider

Type

Initial Interest Rate

Initial Term

Max LTV*Product Fee 
Fixed

2.49%

Reverts to 4.70%

5

Years

75%

YesMore Info >
Early redemption charges may apply. Overall Cost for Comparison 4.00% APRC. This is the cost of the mortgage over the full term.
Fixed

2.69%

Reverts to 4.70%

5

Years

80%

YesMore Info >
Early redemption charges may apply. Overall Cost for Comparison 4.10% APRC. This is the cost of the mortgage over the full term.

*LTV = Loan to value (how much mortgage you have or require in relation to the value of your property).

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products are a selection of top deals available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you contact our independent mortgage broker team at - independent mortgage broker or call on 0117 332 6063

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products highlighted on this website are available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker