Our RIO mortgages are available to applicants over the age of 55 who are looking for an interest only mortgage with no plans to downsize and who wish to remain in their home.
Last updated 2 August 2022.
- Available to those aged 55+
- Up to 55% LTV
- Minimum loan size £30,000
- Maximum loan size £750,000
- Minimum property value £150,000
- Repaid when a life event is triggered (no maximum term)
- Must be affordable to both applicants (if joint)
Rates from 2.69 %
- DSD085 discount to 31/10/24
- Follow-on rate of 4.50% (variable) to 31/10/27 before reverting to SVR
- 55% LTV
- No booking or arrangement fee