One of our award-winning Lifetime Mortgages could help you pay off your interest only mortgage balance in full, including any Early Repayment Charges that may apply.
A lifetime mortgage is a type of equity release, a loan secured against your home, which lets you release money as a cash sum or a regular income over a fixed term.
It is only repaid from the sale of your home when the last surviving borrower dies, or moves out of the home and into long-term care.
- A fixed interest rate for life
- Choice to make monthly interest payments
- No Negative Equity Guarantee