Interest-only mortgages are powerful financial tools – but they’re also some of the most heavily restricted products in the UK. Since the 2008 financial crash, high-street banks have tightened affordability rules, imposed strict income thresholds, and demanded iron-clad repayment vehicles. For most residential buyers, interest-only is extremely difficult to access.
Clark Mortgages works differently. Based in Chester and Cheshire and supporting clients nationwide, we use whole-of-market access to compare products from over 100 lenders – including specialist underwriters who accept flexible repayment strategies, higher loan-to-value investment products, and later-life interest-only options. Our jargon-free, low-pressure guidance makes interest-only lending simple, strategic, and achievable.
We support a wide range of interest-only applicants, including:
Interest-only lending is complex – but our four-step process keeps everything clear and fully managed.
A free consultation to understand your income, assets, repayment vehicle, and long-term financial strategy.
We compare whole-of-market lenders - including specialist providers who accept flexible repayment plans, higher LTVs, or later-life criteria.
We handle the paperwork, prepare your case for strict underwriting, and manage communication with lenders to maximise approval chances. “Handling the administrative paperwork and underwriting requirements to secure a formal offer smoothly.”
We support you through completion and remain available for future refinancing, portfolio expansion, or strategic remortgaging.
Risk Warning: Your property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
Interest-only is the default structure for investment properties – and we specialise in:
For affluent applicants with variable income, interest-only offers flexibility.
We support:
Retirement Interest-Only (RIO) mortgages help older homeowners stay in their homes affordably.
We help with
Interest-only can be ideal for buyers planning to relocate within 3–5 years.
We support:
High-street banks reject most non-standard repayment plans – we specialise in:
You pay only the interest each month, keeping monthly costs low. The full loan balance is repaid at the end of the term using a repayment vehicle.
Typically, high-income applicants, investors, or later-life borrowers with strong repayment strategies.
Most lenders require 25–50% deposit or equity – far higher than standard mortgages
Acceptable options include investments, pensions, selling a property, downsizing, or lump-sum bonuses.
Some lenders allow temporary or permanent switches, especially under the Mortgage Charter.
Yes – Retirement Interest-Only (RIO) mortgages allow older borrowers to stay in their homes affordably
Clear, strategic guidance – even when high-street banks say no.
Disclaimer: Your home may be repossessed if you do not keep up repayments on your mortgage.
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18 Weeks Ago
As a contract worker, I honestly never thought I’d be able to get a decent mortgage offer from a high street bank. I was worried and unsure where to start. But thanks to Sam and his incredible team at Clark Mortgage, I’ve now secured a mortgage offer with a great interest rate—and I couldn’t be happier!
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