HTB Specialist Mortgages launches 30-year interest-only loans

Its sales director Alex Upton said this was in response to demand.

HTB Specialist Mortgages launches 30-year interest-only loans

HTB'S Specialist Mortgages division has launched 30-year interest-only loans.

Alex Upton, sales director of specialist mortgages at HTB, said: “In response to demand, we have decided to extend our proposition so that brokers can offer their clients interest only terms of up to 30 years.

“We understand that most borrowers will seek refinance after the fixed term, however with this change we can give the borrower confidence that they have a finance solution in place for up to 30 years.”