{"id":548,"date":"2022-04-07T04:32:15","date_gmt":"2022-04-07T04:32:15","guid":{"rendered":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/?page_id=548"},"modified":"2023-05-08T01:39:05","modified_gmt":"2023-05-08T01:39:05","slug":"interest-only-mortgages","status":"publish","type":"page","link":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/interest-only-mortgages\/","title":{"rendered":"Interest Only Mortgages"},"content":{"rendered":"<h4>IF YOU\u2019RE CONSIDERING AN INTEREST ONLY OPTION, GET A CLEAR IDEA OF THE ADVANTAGES AND DISADVANTAGES OF AN INTEREST ONLY MORTGAGE<\/h4>\n<p>If you\u2019re looking for flexibility and affordability, an interest-only mortgage \u2013 with its lower monthly repayments \u2013 may be a more attractive option than a repayment mortgage. But these types of mortgages come with a certain amount of risk and it\u2019s important to know what they are before signing on the dotted line.<\/p>\n<p>Bespoke Money is here to walk you through all the interest-only mortgage pros and cons to help you decide if this is the right option for you. Then we work hard to negotiate the right deal for you.<\/p>\n<h4>WHAT IS AN INTEREST ONLY MORTGAGE?<\/h4>\n<p>So how does an interest only mortgage work? An interest only mortgage does what it says on the tin, where you pay the interest off each month throughout the lifetime of the loan. But you do need to make some kind of provision to pay off the entire loan at the end of the term, for example, selling an asset or using an ISA, pension or inheritance.<\/p>\n<p>There are risks involved and ultimately, you\u2019ll end up paying more. But there are also benefits to an interest only mortgage, such as lower monthly payments, the potential to make a profit if your property goes up in value, and flexibility over how you spend your money. Which is why an interest only mortgage may be attractive if you\u2019re an older borrower, a HNWI, you\u2019re planning to downsize or you receive substantial work-based bonuses.<\/p>\n<h4>WORKING WITH BESPOKE MONEY TO SECURE YOUR INTEREST ONLY MORTGAGE<\/h4>\n<p>As an experienced and knowledgeable interest only mortgage broker, we talk to you about your options and ask all the right questions to ensure your application has the best chance of success.<\/p>\n<p>We have access to a full range of lenders and products and will find you the best interest only mortgage rates on the market. We then work quickly and efficiently at every step of the process, to secure your mortgage and get your purchase completed.<\/p>\n<p><em><b>Think carefully about securing other debts against your home or property. Your home or property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.\u00a0<\/b><\/em><b><\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IF YOU\u2019RE CONSIDERING AN INTEREST ONLY OPTION, GET A CLEAR IDEA OF THE ADVANTAGES AND DISADVANTAGES OF AN INTEREST ONLY<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"PT-Mortgages.php","meta":{"_seopress_robots_primary_cat":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Interest Only Mortgages - Bespoke Money<\/title>\r\n<meta name=\"description\" content=\"Lower monthly payments may seem appealing, but interest-only mortgages come with risks. Learn what to consider before choosing this option.\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/interest-only-mortgages\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Interest Only Mortgages - Bespoke Money\" \/>\r\n<meta property=\"og:description\" content=\"Lower monthly payments may seem appealing, but interest-only mortgages come with risks. Learn what to consider before choosing this option.\" \/>\r\n<meta property=\"og:url\" content=\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/interest-only-mortgages\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Bespoke Money\" \/>\r\n<meta property=\"article:modified_time\" content=\"2023-05-08T01:39:05+00:00\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/interest-only-mortgages\/\",\"url\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/interest-only-mortgages\/\",\"name\":\"Interest Only Mortgages - Bespoke Money\",\"isPartOf\":{\"@id\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/#website\"},\"datePublished\":\"2022-04-07T04:32:15+00:00\",\"dateModified\":\"2023-05-08T01:39:05+00:00\",\"description\":\"Lower monthly payments may seem appealing, but interest-only mortgages come with risks. Learn what to consider before choosing this option.\",\"breadcrumb\":{\"@id\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/interest-only-mortgages\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/interest-only-mortgages\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/interest-only-mortgages\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Interest Only Mortgages\"}]},{\"@type\":\"WebSite\",\"@id\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/#website\",\"url\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/\",\"name\":\"Bespoke Money\",\"description\":\"Tailored to your financial needs\",\"publisher\":{\"@id\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/#organization\"},\"alternateName\":\"Mortgage Brokers\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/#organization\",\"name\":\"Bespoke Money\",\"url\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/#\/schema\/logo\/image\/\",\"url\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/wp-content\/uploads\/2020\/11\/logo.png\",\"contentUrl\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/wp-content\/uploads\/2020\/11\/logo.png\",\"width\":212,\"height\":112,\"caption\":\"Bespoke Money\"},\"image\":{\"@id\":\"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/#\/schema\/logo\/image\/\"}}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Interest Only Mortgages - Bespoke Money","description":"Lower monthly payments may seem appealing, but interest-only mortgages come with risks. Learn what to consider before choosing this option.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/interest-only-mortgages\/","og_locale":"en_US","og_type":"article","og_title":"Interest Only Mortgages - Bespoke Money","og_description":"Lower monthly payments may seem appealing, but interest-only mortgages come with risks. Learn what to consider before choosing this option.","og_url":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/interest-only-mortgages\/","og_site_name":"Bespoke Money","article_modified_time":"2023-05-08T01:39:05+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/interest-only-mortgages\/","url":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/interest-only-mortgages\/","name":"Interest Only Mortgages - Bespoke Money","isPartOf":{"@id":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/#website"},"datePublished":"2022-04-07T04:32:15+00:00","dateModified":"2023-05-08T01:39:05+00:00","description":"Lower monthly payments may seem appealing, but interest-only mortgages come with risks. Learn what to consider before choosing this option.","breadcrumb":{"@id":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/interest-only-mortgages\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/interest-only-mortgages\/"]}]},{"@type":"BreadcrumbList","@id":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/interest-only-mortgages\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/"},{"@type":"ListItem","position":2,"name":"Interest Only Mortgages"}]},{"@type":"WebSite","@id":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/#website","url":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/","name":"Bespoke Money","description":"Tailored to your financial needs","publisher":{"@id":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/#organization"},"alternateName":"Mortgage Brokers","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/#organization","name":"Bespoke Money","url":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/#\/schema\/logo\/image\/","url":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/wp-content\/uploads\/2020\/11\/logo.png","contentUrl":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/wp-content\/uploads\/2020\/11\/logo.png","width":212,"height":112,"caption":"Bespoke Money"},"image":{"@id":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/wp-json\/wp\/v2\/pages\/548"}],"collection":[{"href":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/wp-json\/wp\/v2\/comments?post=548"}],"version-history":[{"count":4,"href":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/wp-json\/wp\/v2\/pages\/548\/revisions"}],"predecessor-version":[{"id":681,"href":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/wp-json\/wp\/v2\/pages\/548\/revisions\/681"}],"wp:attachment":[{"href":"http:\/\/a2ztechnologies.co.uk\/demo\/bespokemoney\/wp-json\/wp\/v2\/media?parent=548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}