Interest Only Advice
Get the advice you need if you're looking for an Interest Only Mortgage
Are you looking for an interest only mortgage?
No impact on credit score
Why use us?
Whatever your situation, at OnlineMortgageAdvisor we know that everyone's circumstances are different. That's why we only work with expert brokers who have a proven track record in securing mortgage approvals
-
Higher chance of approval
-
Whole of market experts
-
No impact on credit score
-
We don't charge a fee
-
There with you from start to finish
-
Mortgage Approval Guarantee - or £100 back*
-
Rated excellent on Trustpilot, Feefo and Google
If you have any questions,
feel free to call us on 0808 189 2301
With most interest-only mortgages, borrowers only need to settle the interest each month and won’t need to pay off the capital until the end of the term. This has a number of advantages, especially if you like the idea of lower monthly outgoings, but there are pitfalls to consider too.
Read through our range of articles on interest-only mortgages below to learn all about them, including how they work, how to qualify for one and which repayment vehicles are acceptable.
What are you looking for?
Interest-Only Mortgage Criteria
An in-depth look at the eligibility criteria for interest-only mortgages, covering deposit requirements, how affordability is assessed, repayment vehicles and more.
Looking to Switch to An Interest-Only Mortgage?
How to change your mortgage type from repayment to interest only and why you should speak to a mortgage broker if you’re doing this.
First time buyer interest only mortgages
Find out what your prospects of getting an interest-only mortgage are if you’re a first-time buyer and learn how a mortgage broker can boost them.
Part Repayment, Part Interest Only Mortgages
Part-and-part mortgages are a middle ground between repayment and interest only, and in this guide, you can read all about them and how they work.
Switching From an Interest Only to a Repayment Mortgage
How to change a mortgage from interest-only to repayment and why you should consult with a mortgage broker before going ahead with this.
Extending the Term on an Interest-Only Mortgage
How to increase the term of your interest-only mortgage, why people do this and how a mortgage broker can help you renegotiate your deal.
Interest Only Mortgages – Repayment Vehicles
A guide to the acceptable repayment vehicles for an interest-only mortgage, why they’re so important and what to do if yours fails to pay out.
My Interest-Only Term is Ending Soon – What Should I Do?
A rundown of your options as you approach the end of an interest-only mortgage term, including term extensions, switching to repayment and more.
Interest only secured loan
How to get a secured loan on an interest-only basis, including eligibility criteria, equity requirements and how they compare to standard secured loans.
We're so confident in our service, we guarantee it.
We know it's important for you to have complete confidence in our service, and trust that you're getting the best chance of mortgage approval at the best available rate. We guarantee to get your mortgage approved where others can't - or we'll give you £100*

Absolute Fab: I got a mortgage as an ex-bankrupt !!!
As an ex-bankrupt with a qualified Annulment I had to take several bridging loans to cover my debt. I found Online Mortgage Advisor who offered fantastic but specific insight to my issues. Within 6 weeks we exchanged contracts and I am now debt-free, and my house is safe.
S Bakht
They pulled out all the stops
Great staff and good communication. Helped us understand the process and gone over and above to help in a difficult situation. Other companies couldn't even be bothered but Thank you so much!
Anneke Woolley, 12 days ago
Our advisor was amazing from the start!
Aaron went above and beyond. He worked late and kept in contact with me and worked tirelessly to find me the best mortgage he could
James, 10 days ago
Rated 4.8 out of 5 stars across Trustpilot, Feefo and Google
Ask a quick question
We can help!
We know everyone's circumstances are different, that's why we work with mortgage brokers who are experts in Interest Only Mortgages
Ask us a question and we'll get the best expert to help.

Get in touch today
Make an enquiry and we'll arrange for an experienced mortgage broker we work with to contact you straight away.