Call Expert 0845 812 1888*
* Calls will cost 5 pence per minute plus your phone company's access charge
 » Mortgage Advice » Advice on part and part mortgages

Part & Part Repayment mortgages

Rather than opting entirely for a repayment mortgage or an interest only mortgage, it’s possible to take out a mortgage that combines both types. These are usually known as ‘part repayment, part interest only’, or just ‘part and part’ mortgages.

With this type of mortgage you choose the amount you would like to be on an interest only basis, and the amount on a repayment basis. For example your mortgage payment could be split and you could have 50% on a repayment basis and 50% on interest only.

If you want some security in paying off part of your mortgage directly, but can’t afford the full repayment option, then fill in this quick mortgage form and challenge our advisors to find a mortgage that fits your budget.

Top tips on part and part mortgages

Some people opt for part and part schemes to repay their mortgage due to existing investments (such as endowment policies) coming in at a lower value than originally expected. This type of mixed mortgage is a good way of covering possible shortfalls in repaying the home loan. However, it’s not right for everyone, and indeed most people tend to choose to have the entire mortgage on either a full repayment or a full interest only basis.

If you choose to have a percentage of your mortgage on an interest only basis, you need to be aware of the potential risks. It is your responsibility to ensure that at the end of the mortgage term you will have sufficient capital to repay the remaining balance on the interest only element of the mortgage. When you speak to our mortgage advisors, they will give you a full explanation of the risks involved and advise whether this type of mortgage is right for you.


Back to top

Your home may be repossessed if you do not keep up repayments on your mortgage.

We charge a fee for arranging your mortgage. The precise amount depends on your circumstances but will typically be £500. We will also be paid commission from the lender.  We charge no fee for insurance advice.  If you arrange insurance through us the insurer will pay us a commission.


The Good Mortgage Company is a trading name of The Buy to Let Business Limited, who specialise in buy to let mortgages and are authorised and regulated by the Financial Conduct Authority FCA Register Number: 472199. Registered office: Building Three, Watchmoor Park , Riverside Way, Camberley, Surrey, GU15 3YL, UK. Registered in England and Wales. Company number 5695802. Please note that we are a broker and not a lender. We will act on your behalf to liaise with the mortgage lender.