Things have changed in the market place over the past few years and it has become much more difficult to source. Interest Only mortgages have become a bit of niche area.
You may wish to take out a new interest only mortgage or you may be looking to remortgage away from your current provider. It is likely that you will need significant equity in your home or at least a 25% deposit in order to qualify.
Lenders criteria varies drastically from being able to use other assets to needing and ISA or Pension backed mortgage, or you may be able to use other Investment Properties as a suitable repayment plan.
A Regal Finance expert will be on hand to assess your situation and work out the feasibility of lender lending you the desired funds.
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Complete an enquiry form and an advisor will call you back.
Send us the documents we need.
Receive a Decision in Principle from one of our lending panel.