Part capital repayment and part interest-only mortgages can help locked-out buyers access homeownership sooner.

Part capital repayment and part interest-only mortgages can help locked-out buyers access homeownership sooner.
The lender has increased LTVs and will now accept multiple repayment strategies.
Ryan Brailsford, director of business development at Pepper Money, explores why interest-only mortgages are re-emerging as a viable option in a modern housing market.
The Society has launched two new interest-only five-year fixed rate mortgages with no minimum income requirement.
Rates now start from 4.89%.
There were 541,000 pure interest-only mortgages outstanding at the end of 2024, 18.5% fewer than in 2023.
The lender’s interest-only proposition will comprise three phases, the first of which launches today to intermediaries on its panel.
Rates across the Society's interest-only range are down by up to 0.16%.
Interest-only mortgages could become a thing of the past by 2039, the research shows.
The Society has also launched new interest-only products for loans over £500,000.
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