Donald is a very successful factory owner. He is the CEO of his company and heads one of the leading electronic products manufacturers. When he came to the point of deciding about buying land for his own factory, he had to make one of the toughest decisions of his life: what mortgage plan would server me well in the long run? 

Since Donald had been an average sales officer then, he did not have a lot of money to go for a huge deposit right away, so self cert mortgages was out of question for him, since it required a big amount to be deposited in the beginning of the deal.  

Thinking on the same lines, Donald also decided against using self build mortgages plan because it required a lot of research into mortgaging trends, whereas Donald wanted to keep his focus on getting land with a good deal and setting up a factory. 
Although, some of his friends at work and financial companies recommended him to consider remortgages, he was not comfortable with the idea because he wanted neither another mortgage nor its profits.

At the end of the day, it was decided by Donald that interest only mortgages offered the best that could possible benefit Donald in the long run. Using this mortgage, he was not only able to acquire property immediately, but also was relieved that he didn’t have to worry about mortgage payment for some time and needed to pay only the interest on it. Later he established his factory and is still doing good business.