Could a part-and-part mortgage help you on to the property ladder?
Part-and-part mortgages could become more popular as part of a regulatory review of mortgage lending rules.
The Financial Conduct Authority is considering an overhaul of the rules to boost lending to underserved groups such as first-time buyers and the self-employed.
The City watchdog said in its review that respondents suggested part interest‑only and part repayment mortgages could help consumers “access homeownership earlier”.
These part-and-part mortgages can provide a “unique solution” for borrowers...