Interest Only Remortgage

Following the recent rises in the interest rates, mortgage repayments are higher than they have been in the last three years. However, interest only remortgage deals are one way of freeing up more cash but with low repayments. If you are looking for a new remortgage deal, you should compare remortgages from a number of lenders before making a final decision. Interest only remortgages are attractive as they offer:  

  • Low monthly repayments so you can use the extra money to pay other debts
  • Peace of mind that you can cover your repayments
  • Free up extra cash

Before taking out an interest-only remortgage or loan however, remember that you will have to pay back higher repayments when the interest-only term ends, or if it is interest only for the entire term, you must have another way of paying back the capital, for example, from savings or a pension sheme. One option is to compare interest-only remortgage quotes from a range of providers. With our FREE remortgage enquiry form, we can compare the market to find you the best quotes. Simply fill in one form to compare quotes from accross the market.

Remortgage Deal Selection - Call Direct
Initial RateProviderTermTypeAPR*LTV 
2.09%
2 Years2 Year Tracker4.00%60%More Info >
£1,995 booking fee.
Call 0800 077 3454 to speak to a Santander Mortgage Specialist.
2.35%
2 Years2 Year Tracker Exclusive4.00%60%More Info >
Only available to existing current account customers. £1,499 product fee.
Call 0800 1582934 to speak to a NatWest mortgage specialist.
2.28%
2 Years2 Year Fixed Rate Remortgage3.90%60%More Info >
£1,999 booking fee. Maximum mortgage size £500,000
Call 0800 077 4264 to speak to the HSBC mortgage team.
3.74%
2 YearsGreat Escape 2 Year Fixed Rate Remortgage3.90%70%More Info >
No Product fee. Reverting to 3.89% (base rate + 3.39%) variable for the remaining term of the mortgage.
Call 0845 0701720 to speak to a Woolwich mortgage specialist.
3.94%
2 YearsGreat Escape Fixed Rate Remortgage4.00%80%More Info >
Remortgage only. No product fee. Reverting to 3.89% (base rate + 3.39%) Borrow £50k-£1m.
Call 0845 0701720 to speak to a Woolwich mortgage specialist.
*APR = Overall Cost for Comparison

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

The above mortgage products are a selection of 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 speak to an independent mortgage broker