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If you're interested in a mortgage or just want to know what we can do for you, simply fill in your details below. An advisor will be in touch to discuss your requirements. For further details, please refer to the Contact us page.

Why choose us...

The entire process was painless, the service was unsurpassed – being contacted frequently and offered assistance and guidance along the way - and We know Mortgages certainly know how to identify the needs of their clients and assist them in every way!

I would highly recommend their services to anyone at any time!

Marlene Nicholls (London)

I found this company really easy to deal with. Their consultants are very professional and extremely helpful. Nothing is too much trouble and they are always trying to give you the best price but using reputable companies. I highly recommend them for any policies you might need. Thank you! Maria

Maria Marco (Lancaster)

I can highly recommend 'We Know Mortgages Ltd'. I purchased life insurance with Aviva. No hassle, straight forward and a good price too! The service was very professional and I would use them again.

Clare Robinson (Preston)

The service from We Know Mortgages comes second to none! From initial consultation to contract exchange the communication, assistance and advise from We Know Mortgages was fantastic. The portfolio of products available through We Know Mortgages is extensive saving me time and money. I fully endorse their service and would recommend We Know Mortgages to anyone looking for a mortgage, insurance or life cover.

Mark Merry (Preston)

Interest Only mortgage

Under an interest only mortgage, the borrower pays just interest to the lender each month. Capital is then paid at some future date, often from an investment such as:

  • An endowment policy. This type of policy used to be the very popular way to repay the mortgage in the 1990s. This low cost version of this type of policy promised the best returns. However in recent years the policy type has received adverse publicity due to many falling short of its projected targets.
  • An ISA or other investment products. Offers greater tax benefits.
  • A Personal Pension. Less Common nowadays.
  • Some lenders (only a few) will accept sale of existing properties or inheritance. This depends on the loan to value or the deposit put down.
  • An interest only mortgage alongside an investment vehicle, appeals to someone whom is confident their investment will cover the capital when it comes to be repaid, however this is not guaranteed.

It is the customer’s responsibility to be able to repay the loan at the end of the term.

If you require advice on interest only mortgages on a residential purchase, please speak to one of our experienced mortgage advisers. There are very few interest only mortgage available since regulations. Mortgage lenders will require bigger deposits/equity to allow you to go on an interest only mortgage. A suitable repayment vehicle alongside your interest only mortgage is required. Please speak to one of our experienced advisers, we’re based in Manchester. We are mortgage brokers and will find the right mortgage lender.

A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

Contact Details

We Know Mortgages Ltd
111 Piccadilly
Ducie Street
Manchester
M1 2HY
Tel - 0161 242 6878
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