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Interest-only mortgages

Explore your mortgage options.

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How much can I borrow?

Jatin Shah

If you're looking to borrow £400,000 over 30 years with an interest rate of 4.75%, that could cost you £1,416.67 per month on capital repayment or £1,967.76 on an interest-only mortgage.

Find out how much you can borrow with our mortgage calculator.

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Interest-only mortgages have increased in popularity with Trinity's clients who are keen to secure the lowest possible monthly payments.  

Trinity Financial has access to a wide range of banks and building societies offering interest-only mortgages to borrowers with differing financial situations. 

Interest-only mortgages are no longer niche products and so many of the lenders are keen to offer them. 

Interest-only qualification 

A number of banks have improved their interest-only criteria to attract borrowers. 

Trinity’s experts will assess your situation to understand how they can help. Many lenders offer interest-only to borrowers earning over £75,000 or £100,000 per year, but there are also options for those with equity in the property. 

The sale of the property is increasingly being used as a repayment vehicle, although some lenders may still expect clients to regularly pay into an ISA or pension fund to generate enough income to repay the mortgage. However, if you already have buy-to-let properties, you may also be able to use them as a repayment vehicle. 

Interest-only mortgages have lower monthly repayments than capital repayment mortgages because you are not paying back any of the total sum you borrowed.


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Get started with us today

Speak to one of our mortgage experts. Either book an appointment to come and see us, or request one of our experts to call you.

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Interest-only mortgages

Remortgaging onto interest only

Banks and building societies provide interest-only remortgages to borrowers with sufficient equity in their homes.

More homeowners are remortgaging on to interest-only to reduce their outgoings and refinance when their fixed or tracker rate is coming to an end. 

We recommend you regularly check that your interest-only mortgage repayment plan is on track. 

Your home may be repossessed if you do not keep up repayments on your mortgage.

Getting started with Trinity
We'll walk you through the process

Contact us and tell us your requirements

You contact one of our consultants over the phone or arrange a time to meet in one of our offices. You tell us what you are looking for and we assess your mortgage and protection needs based on your monthly budget.

Talk to an Expert

We'll research and present you with the right options

We collect the information and documentation that the lenders and providers will need. Based on the information supplied, we provide you with illustrations for the most suitable products for your circumstances.

Book Consultation

We'll manage your application to completion

On agreement, we then submit the application on your behalf and manage the application and liaise between all involved parties such as estate agents and solicitors. Post-completion, we are available for any questions.

Call 020 7016 0790
years' experience

Over the last 15 years we have helped thousands of clients to purchase new homes, secure buy-to-let mortgages and remortgage.

mortgage experts

Trinity’s experts will do everything possible to secure the fastest mortgage offers while providing you with regular progress updates.

mortgages arranged

We consistently arrange fantastically priced fixed and tracker rate mortgages through the leading banks and building societies.