If you are coming to the end of your mortgage, credit card or loan payment holiday, we will contact you before it ends, there is no need to call us. To help find the right solution for your needs you can use our coronavirus support tools for credit cards and loans and for Halifax mortgages. If you have a Bank of Scotland mortgage, find out more here.

Interest Only Mortgages

When you have an interest only mortgage, your monthly payments only pay the interest charged on the amount you borrowed. This means the interest only balance doesn’t reduce and you’ll need to have separate plans to pay this amount by the time your mortgage ends.

Can you repay your interest only balance?

Yes, I know how I'll repay everything

Let us know your plans. If you’re confident you can repay everything you owe, or if you’ve changed your plans.

It’ll only take a couple of minutes to update us online, or you can call us if you prefer.
 

Tell us your plans

Or call us on 0345 609 8952.

Our lines are open Monday to Friday 8am to 8pm and Saturday 8am to 1pm.

No, I’m not sure how I’ll repay everything

Now’s the time to tell us if you don’t know how you’ll repay your full balance, or if you think your plans won’t be enough.

We’ll help you understand your options and help you decide what’s right for you. The sooner you talk to us, the more options you may have so call us today.

Call us on 0345 609 8952.
Our lines are open Monday to Friday 8am to 8pm and Saturday 8am to 1pm. 

Make a plan

My mortgage term has ended

If you haven’t repaid your interest-only balance yet or you don’t have enough to repay it in full, we’ll help you understand your next steps.

The sooner you talk to us, the more options you may have so call us today.

Call us on 0345 609 8952.
Our lines are open Monday to Friday 8am to 8pm and Saturday 8am to 1pm.

Mortgage term ended

Managing your plans to repay

It’s a good idea to regularly check that your plans will provide enough to repay everything you owe.

Managing your plans

Questions about your mortgage

We’re here to help if you have any questions about your mortgage.

Frequently asked questions

Or call us on 0345 850 0842
Our lines are open Monday to Friday 8am to 8pm and Saturday 9am to 4pm.