Part and Part Mortgages

A happy medium between repayment and interest only mortgages.  They are designed to help you pay off some but not all of the debt or they can be used to pay off the part of the loan that is not linked to an investment product.
 

• A part & part mortgage allows you to choose part of the mortgage as a repayment or investment type loan and set the remaining part as an interest only one.

• These types of mortgage are ideal for those who wish to keep payments lower but also want to make some headway into repaying the mortgage.

• A part & part mortgage can also be useful for those who may have other means to repay the interest part of the loan at some future date, perhaps through a future business sale or inheritance.

• A part & part loan can also be useful for inheritance tax planning.

• Choosing the proportion of repayment v interest only will mainly depend on your circumstances.

Feel free to call us if you would like to discuss your options.

Call Now: 0844 357 4429 or Mobile: 0788 0727 493

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