HSBC have come out on top for offering the best deals on interest only mortgages, for the sixth consecutive year.
The rankings were devised by What Mortgage? magazine and are based on the amount of interest which would be charged on a £100,000 interest-only mortgage over the last five years.
The group estimated that the average home buyer would pay £25,883 in interest, almost £1,000 cheaper than second placed Intelligent Finance.