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Things you should know

After you've made interest-only payments for 6 months:

  • You'll automatically switch back to paying both your mortgage's capital and interest charges.
  • We'll recalculate your payments to include the capital not repaid during the temporary interest-only period, so you'll still repay the full balance at the end of the mortgage term.
Making this temporary change will not affect your credit score Your credit score can be affected if you choose a new mortgage which involves additional borrowing, or by other factors including how much credit you use, your payment history and applications for credit elsewhere.

Apply for Mortgage Charter support

First use our calculator to see what your new mortgage payments might be. Next, complete the request form and we'll be in touch.

You'll need your mortgage statement and Direct Debit details to hand.

Apply for support

Not the right option for you?

There's more mortgage Charter support available.

Choose a new mortgage deal in advance

If you have a Virgin Money or Clydesdale mortgage, pick out a new deal up to 4 months before your current one ends.

Getting a new mortgage deal early

Request an extension to your mortgage term

Increase the amount of time you'll have to repay the full amount of your mortgage

Requesting a term extension

What happens if you miss a payment

The Mortgage Charter allows you to stay in your home for up to 12 months after your first missed payment, except in some exceptional circumstances.

If you think you'll struggle to meet your upcoming payments, visit our Support with money worries page for advice.