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Part-and-part mortgage borrowers could face large debts, warns expert
Jinesh Vohra explained that part-and-part mortgages can make it easier to afford monthly payments, but buyers need to be aware of the risks.
Jinesh Vohra explained that part-and-part mortgages can make it easier to afford monthly payments, but buyers need to be aware of the risks.
The lender’s new part and part mortgage allows borrowers with as little as a 5% deposit to combine part capital repayment with part interest-only borrowing.