With this type of mortgage you are only paying interest each month. This means that although your payments will be lower, the amount you borrow will still be outstanding at the end of the mortgage term. You'll need to make alternative arrangements to pay off the mortgage to avoid the property having to be sold, such as taking out an ISA.

There may be a fee for mortgage advice. The charging of such a fee will depend upon your circumstances but if we charge a fee, we estimate that it would be £250 or 0.25% of the loan amount whichever is greater. Typically this will be £250

The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested.