Best Part-and-Part Remortgage 2026: Split Repayment Deals

Best Part-and-Part Remortgage 2026

A part-and-part remortgage splits your loan between repayment and interest-only — lower payments than full repayment, less risk than full interest-only. This guide covers the best part-and-part remortgage lenders in 2026 and how to structure it.

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Quick Answer: Best Part-and-Part Remortgage in 2026

Part-and-part remortgages — splitting the loan between repayment and interest-only — are offered by Halifax, Santander, Barclays, NatWest, Coventry, Leeds BS and others, usually up to around 75-80% LTV. You still need a repayment strategy for the interest-only portion, but lenders are more relaxed than for full interest-only because you're clearing some capital. Rates match standard residential. It suits borrowers who want lower payments than full repayment but more security than full interest-only. A broker helps set the optimal split.

Rates last reviewed June 2026. Figures shown are indicative market ranges to help you compare — not live quotes or personalised offers. Mortgage rates change daily and depend on your circumstances, the lender's criteria and the Bank of England base rate. Check live rates for your profile →

How Part-and-Part Works

You divide the loan into two portions:

Repayment portion — you pay both capital and interest on this part, steadily reducing the balance and building equity.
Interest-only portion — you pay only interest on this part, keeping overall payments lower, with that capital repaid at the end via your strategy.
You choose the split — e.g. 60% repayment / 40% interest-only — to balance affordable payments against how much capital you clear.
Lighter strategy requirement — because the interest-only portion is smaller, lenders are generally more relaxed about the repayment strategy than for full interest-only, widening your options.

Part-and-Part vs the Alternatives (2026)

Structure	Payments / capital
Full repayment	Highest payments; clears all capital
Part-and-part	Medium payments; clears some capital
Full interest-only	Lowest payments; clears no capital

Part-and-part lets you dial in exactly where you sit on this spectrum — useful if full repayment is unaffordable but you're uncomfortable leaving the whole balance outstanding.

How to Structure a Part-and-Part Remortgage

To get the balance right:

Set the split to your budget — more on repayment clears more capital; more on interest-only lowers payments. Choose what's sustainable.
Have a strategy for the interest-only part — even though it's smaller, lenders still want a credible plan (sale, investments, pension).
Keep LTV sensible — usually capped around 75-80%; lower LTV widens choice.
Review over time — you can shift more onto repayment at future remortgages as your income grows.
Use a broker — to find lenders comfortable with your split and strategy, and the best rate.

Best Alternatives and Related Options

Related routes to consider:

Interest-only remortgage — if you want the lowest payments and have a strong repayment strategy; see our interest-only guide.
Offset remortgage — use savings to reduce interest, a flexible alternative.
Standard repayment remortgage — if you can afford full repayment and want to clear all capital.

Important: Your home may be repossessed if you do not keep up repayments on your mortgage. There will be a fee for mortgage advice. The actual rate available will depend on your circumstances. Think carefully before securing other debts against your home.

Frequently Asked Questions

What is a part-and-part remortgage?

A part-and-part remortgage splits your loan into a repayment portion (where you pay down capital and interest) and an interest-only portion (where you pay only interest). This cuts your monthly payments compared with full repayment, while still building some equity and reducing the balance left owing at the end. It's a flexible middle ground — less costly monthly than full repayment, less risky than full interest-only. Lenders like Halifax, Santander and Barclays offer it.

Is part-and-part easier to get than interest-only?

Generally yes — because you're clearing capital on the repayment portion, the interest-only part is smaller, so lenders are usually more relaxed about the repayment strategy than for full interest-only. This widens your lender choice and can allow a slightly higher LTV. You still need a credible plan for the interest-only portion, but the bar is lower than for a fully interest-only mortgage.

How do I choose the split for part-and-part?

Base it on your budget and risk comfort: putting more on repayment clears more capital and builds equity faster but means higher payments, while more on interest-only lowers payments but leaves more owing at the end. A common approach is to put as much on repayment as you can comfortably afford. You can shift more onto repayment at future remortgages as your income grows. A broker can model different splits.

Do part-and-part remortgages have higher rates?

No — part-and-part remortgage rates match standard residential rates at the same LTV. You're not charged more for the split structure. As with interest-only, the difference is in criteria — you need a repayment strategy for the interest-only portion and a sensible LTV (usually capped around 75-80%) — not in the rate. Once accepted, you get the same competitive rates as any borrower at your LTV.

Do I need a repayment strategy for part-and-part?

Yes, but only for the interest-only portion — lenders want a credible plan (such as sale of the property, investments, ISAs or a pension) to repay that part at the end of the term. Because the interest-only portion is smaller than in a fully interest-only mortgage, lenders are generally more relaxed about the strategy, but you still need to evidence one. A broker can match your plan to an accepting lender.

Can I switch from interest-only to part-and-part?

Yes — remortgaging from full interest-only to part-and-part is a common and sensible move, as it starts clearing some capital and reduces the balance left owing, while keeping payments more affordable than full repayment. It's often a stepping stone for borrowers on legacy interest-only mortgages who want to reduce their risk gradually. A broker can find a lender that accepts the part-and-part structure at your LTV and income.

Best Part-and-Part Remortgage 2026

Quick Answer: Best Part-and-Part Remortgage in 2026

How Part-and-Part Works

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Part-and-Part vs the Alternatives (2026)

How to Structure a Part-and-Part Remortgage

Best Alternatives and Related Options

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Frequently Asked Questions

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