Interest-only mortgages - what makes us different?

15 May 2019

We know that not all of your clients have the same needs. That's why we consider each and every mortgage on a case by case basis - whatever your client's age or circumstances. We have a refreshing common sense approach, and as all underwriting is manual, (and reviewed by real human beings), we can be flexible and consider complex and unusual cases. 

With interest-only lending, how are we different?

  • We offer interest-only lending across a range of products including discounted and fixed rates, up to 80% LTV
  • We lend up to age 89 at application and do not credit score
  • We will consider interest-only even if the repayment vehicle is downsizing. In such cases, the maximum LTV is 70%
  • We will also take into account pension cash lump sum and/or sale of a second UK home, as well as selected other UK assets as repayment vehicles.

How have we already helped others? 

GavinGavin:
Left in the lurch when his current high street lender refused to extend his interest-only mortgage. He saw no need to switch to capital repayment just because of his age.

Result: We were able to offer Gavin an interest-only mortgage so he was able to stay in his own home. Read his story here.


TerenceTerence: His previous mortgage lender was unable to increase the term of his mortgage past the age of 75, but he wanted to stay in his own home.

Result: We offered Terence a new interest-only mortgage that takes him into his 80s. Read his story here.


For more information on our interest-only mortgages or any of our other mortgage products, please contact your local BDM

Affordability Calculator

Find out how much your residential client may be able to borrow. To see affordability for a Buy to Let client, use our Buy to Let calculator

Find Your Local

Business Development Manager

Your Local BDM:

Arif Kara

Arif was previously a mortgage adviser, and focuses on North and West London. Contact Arif for help with your clients' mortgages.
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Your Local BDM:

Michelle Parry-Bunter

Michelle has worked for the Society for over a decade and focuses on the South Coast. Contact Michelle for help with your clients' mortgages.
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Your Local BDM:

Nathan Waller

Nathan was previously a mortgage and protection adviser, and focuses on Essex and Kent. Contact Nathan for help with your clients' mortgages.
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Your Local BDM:

Charlotte Grimshaw

Charlotte has a background working with intermediaries within the Building Society sector and focuses around the West M25 area. Contact Charlotte for help with your clients' mortgages.
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Your Local BDM:

Darren Deacon

Darren has over 28 years' Financial Services experience and focuses on both the East & West Midlands. Contact Darren for help with your clients' mortgages.
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Your Local BDM:

Paul Roberts

Paul has over 30 years' experience and focuses on the North (inc. M62 corridor), Yorkshire & North East. Contact Paul for help with your clients' mortgages.
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We do not currently have a BDM covering your area. Please contact our Mortgage Helpdesk:

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