What if your mortgage is interest only, you are in negative equity and you have no way of repaying the capital at the end of the term?

Tens of thousands of first-time buyers and re-mortgaging homeowners were sold interest only mortgages this way, predominantly during 2004-2008.

But what can you do about it now?

  • Mortgage re-negotiation to enable you to repay the mortgage in full over a longer period
  • Sell the property, complete a Negative Equity Settlement and move on

Time Running Out on your Interest Only Mortgage? We can help

Next Steps

The first step is a Case Review to establish exactly which of these options you qualify for and how each would work, based on your specific circumstances.

We assist clients with this problem every day. Our empathetic and professional approach ensures you are listened to and receive the correct advice in a clear, jargon free and friendly way.

Call us on 0161 660 4403 or fill in the contact form to discuss how we can help you.

See how we have helped others in situations just like yours from our reviews