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Interest-only mortgages

Mortgages for paying off the interest on your loan

Discover the flexibility of an interest-only mortgage

The monthly payments for an interest-only mortgage are lower as you're not paying off the loan, just the interest.

Your home may be repossessed if you don’t have sufficient funds to repay the capital balance outstanding at the end of the term.

Why choose us

  • Choice of mortgage loan term
    Up to 25 years for a residential property or up to 40 years for a buy-to-let.
  • Fixed or variable rates
    Payments can stay the same each month or follow the Bank of England base rate.
  • Up to 75% loan to value
    Borrow up to 75% of the purchase price or the valuation of your property, whichever is lower.
  • Apply by phone or online
    You can speak to one of our mortgage advisors or apply online.

Things you should know

Who can get an HSBC interest-only mortgage?

  • You or the other applicant, if you're applying jointly, must have a minimum annual income of £75,000 (excluding bonuses, commission, overtime and rental income)
  • For buy-to-let interest-only mortgages, you must also meet our buy-to-let criteria

Find out how to apply

To start with you'll need to get a decision in principle, which takes around 5 minutes.

Already started your application? You can pick up where you left off.

Frequently asked questions

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View our latest mortgage rates and understand our fees.

 

Use our quick calculator to find out how much you could borrow.

 

Got a mortgage with us already? Find out how to make changes, borrow more, move home or switch to another rate.

It's easy to answer your query online. Visit our Help page to find out how.