Financial Planning

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Working in Partnership with our Clients for
their Financial Security and Peace of Mind

Interest Only

Armstrong Financial Planning does not give advice on Mortgages/Equity Release

How does it work?

Your monthly payments represent only the interest due to the lender, and do not include repayment of capital. Your total loan must be repaid at the end of the mortgage term. You therefore need to arrange additional investments which will generate sufficient capital to repay the loan.

ADVANTAGES:

You can choose from a variety of investments, some of which have tax advantages.
Should you move or arrange a remortgage, your investment can usually be reallocated to the new mortgage.

DISADVANTAGES:

Unlike a repayment mortgage, the amount of debt outstanding does not reduce over time
There is no guarantee that the investments chosen will grow sufficiently to repay your loan.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Armstrong Financial Planning does not give advice on Mortgages/Equity Release.

Mortgage & Equity Release
Mortgage Calc

Armstrong Financial Planning Ltd is An Appointed Representative of Sesame Ltd., which is authorised and regulated by the Financial Services Authority

Sesame Ltd is entered on the FSA register (www.fsa.gov.uk/register/) under reference 150427. The FSA do not regulate National savings products, loans, Will writing and some forms of Buy To Let mortgages, offshore funds and inheritance tax planning.

The advice and / or guidance contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

Registration address as company address
Registration number: 4601374
Registered in: England & Wales

Armstrong Financial Planning Ltd
Suite 4, Duxbury Court, 42a Preston Road, Standish, Wigan, Lancashire, WN6 0HS

Tel: 01257 425544Fax: 01257 425171