After the initial interest- only period, the principal is amortized over the remaining loan term. In order to repay the capital borrowed on an interest only mortgage, you’ll have to arrange an investment product. For buy to let and commercial mortgages a fee of 0. 5. Most mortgages allow you to make lump sum repayments of about 10% of the value of the loan each year.

But if the only way you can actually afford to buy a propeThese services are for the attention of uk residents only and are only available in the uk. You offset the debt on the mortgage against your savings and therefore pay less interest.