An arrangement where you only pay the interest outstanding on the loan every month, meaning that the capital sum remains the same throughout the term of the mortgage. These mortgages are not as widely available as they once were. Lenders will now only lend money in this way if the borrower can clearly demonstrate how they propose to repay the capital sum at the end of the mortgage term. Repayment plans may consist of pension(s), deposits or investments, the sale of another property or other land, periodic repayment of capital from irregular sources of income (i.e. bonuses), investment product(s). At the end of the agreed term, the provider will expect the initial lending sum to be repaid in full.