A Interest Only mortgage means you only pay interest each month on the amount you borrowed rather than paying some interest and some of the money (capital) you borrowed each month.
This means at the end of the agreed loan term you still owe the original amount you borrowed - you will need to build up enough money to pay off the mortgage - for example through investments, pension lump sum or sale of the/another property.
We currently offer interest-only buy-to-let mortgages.
Check out our blog - Mortgages explained for more information