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Thinking that rn for a 2 year term... but wondering how much of a challenge it is to get back onto a capital one with the same lender in 2 years time without going through any awkward checks.
CYOA-
you can go interest only for 6 months under the mortgage charter if things are tight and it can be instigated the day after your new deal starts.
I’m not a fan of interest only and ‘kicking the can down the road’ but we are selling my flat early next year and sticking the proceeds on our home mortgage so not reducing the capital for 6 months is of little consequence.
Mr_Smyth
Does anyone think interest only mortgages are a smart idea?