Scare stories suggested hundreds of thousands of Brits could struggle to take full ownership of their homes in the next few years due to the fact they opted for an interest-only mortgage.

An interest-only mortgage gives cheaper monthly payments but the borrower is not actually paying back any debt.

At the end of the mortgage term the borrower will still owe the lender the amount they borrowed to purchase their home.

Due to concerns about interest-only borrowers failing to have enough capital the 2014 Mortgage Market Review imposed tight controls on lending, stress tests and assessing people’s capacity to repay this type of loan.

This along with the credit crunch saw lenders withdraw from the market.

But in recent months we have seen new entrants like TSB offer this type of loan.

Could interest-only loans be set for a resurgence - what type of borrower is this type of mortgage suitable for in 2016?

This guide aims to look at the changes to the interest-only market over the past decade, changes to regulation, and where you can go to find decent interest-only mortgages for your clients in 2016.

Contributors include: Charles Haresnape, group managing director, mortgages, at Aldermore; Dean Mirfin, technical director at Key Retirement; Mark Howell, director of marketing and customer management, Bank of Ireland; Jonathan Harris, director of Anderson Harris; Roland McCormack, intermediary director for TSB; Jaedon Green, director of products and distribution for Leeds Building Society; Andrew Montlake, director at Coreco; the Council of Mortgage Lenders; the Prudential Regulation Authority; and the Financial Conduct Authority.