We’ve widened our support for Older Borrowers
Our Retirement Interest Only (RIO) mortgage is available to applicants over the age of 55 who are looking for an interest only mortgage with no plans to downsize and wish to remain in their home.
Retirement Interest Only
Our new product range is available to clients who are:
- Over the age of 55
- Looking for re-mortgage or house purchase
- Loans up to £750,000 (if above, please refer)
- To be repaid when a life event is triggered (no max term)
- Be affordable to both applicants (if joint)
- Minimum loan of £30,000
- Looking up to 50% LTV
Our Retirement Interest Only Toolkit
We have a range of tools available online to help support you in finding out more about the product range and submitting a case:
- Product portfolios
- Search our criteria
- Download mortgage AIP and application forms
For more information, get in touch with our Intermediary Support Team on 01282 440583 or click here to visit our website.